Director, 340B Policy Strategy (Washington) Job at Bristol Myers Squibb, Washington DC

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  • Bristol Myers Squibb
  • Washington DC

Job Description

Working with Us
Challenging. Meaningful. Life-changing. Those aren’t words that are usually associated with a job. But working at Bristol Myers Squibb is anything but usual. Here, uniquely interesting work happens every day, in every department. From optimizing a production line to the latest breakthroughs in cell therapy, this is work that transforms the lives of patients, and the careers of those who do it. You’ll get the chance to grow and thrive through opportunities uncommon in scale and scope, alongside high-achieving teams. Take your career farther than you thought possible.

Bristol Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees with the resources to pursue their goals, both at work and in their personal lives. Read more: careers.bms.com/working-with-us .

At Bristol Myers Squibb, we are inspired by a single vision – transforming patients’ lives through science. In oncology, hematology, immunology and cardiovascular disease – and one of the most diverse and promising pipelines in the industry – each of our passionate colleagues contribute to innovations that drive meaningful change. We bring a human

touch to every treatment we pioneer. Join us and make a difference.

Position Summary

The Director, 340B Policy Strategy, will serve as a deep technical expert in the policy analysis and development, business implications and operations of the 340B Program and will be work collaboratively with matrix partners to develop and execut e an integrated strategic plan for 340B across the BMS Enterprise . The Director will lead 340B strategies that shape public policy in the legislative, and regulatory environments that are aligned with BMS priorities. The role will also be the primary interface internally and externally and will be responsible for monitoring the external 340B policy environment and serving as the primary BMS voice to the external 340B provider community. The Director of 340B Policy Strategy will partner with the cross-functional 340B Team, as well as relevant 340B KOLs and thought leaders that work with and that are related to the 340B program.

Key Responsibilities

  • Leads and develops the development of comprehensive, proactive USPGA strategies that employ all relevant government affairs tools, including lobbying, third-party and think tank engagement, public policy development, and public affairs.

  • Lead, influence and c ollaborate in the development and implementation of strategies designed to secure coverage and reimbursement for products supporting business objectives internally and externally via executive branch of government, trade associations, thought partners and alliances and other policy makers.

  • Collaborate with USPGA and cross functional partners (including Global USPGA) to develop, prioritize and implement strategic business and advocacy strategies to address evolving policy and payment changes.

  • Remain informed and educate internal stakeholders on evolving Healthcare policy, reimbursement and channel requirements and updates, with an acute focus on 340B but including other Medicare / Medicaid programs and key priority policies.

  • Assist in optimizing portfolio access and mitigating risk in response to the rapidly evolving U.S. payer landscape and policy changes.

  • M onitor the regulatory landscape, identify , and respond to regulatory policies proposed by federal/state government and/or commercial payers - including rules and guidance from the Centers for Medicare & Medicaid Services (CMS) and other Ex. Branch Agencies

  • Requires knowledge of international and domestic government policies that impact the pharmaceutical industry, as well as knowledge of how governments make decisions and what types of input can help shape those decisions. The position requires the integration of political, policy and government affairs expertise to develop and execute effective strategies.

Qualifications & Experience

  • Successful candidates will have a minimum of 8-10 years of experience in government, government affairs, or policy. Direct experience working with Executive Branch of Government strongly preferred.

  • Strong preference for experience in legislative branches of government, key think tanks, or Government entity such as MedPAC , MedCAC demonstrate understanding of political process, influence and have the ability to create advocacy plans that demonstrate outcomes.

  • Candidate must demonstrate strong understanding of policy and 340B via technical expertise and competence, strong analytical and critical thinking .

  • Must possess strong interpersonal skills, the ability to speak and write persuasively and with clarity, strong organizational skills, flexibility, and adaptability to changing requirements.

  • Bachelor’s degree in related field such as public affairs, health care policy, political science, public administration, public policy, economics, or related field required .

  • Experience in biotechnology/pharmaceutical industry or public health is preferred.

  • Candidate must work well in a team environment and enjoy working in a collegial, yet highly demanding culture. Must demonstrate strong interpersonal skills be able to work collaboratively with business leaders and other internal and external stakeholders.

  • Must be able to be an effective participant on a commercial team and be effective in interactions with cross-functional partners. Strong business acumen, executive presence, relevant experience in healthcare and knowledge of the US and international reimbursement systems preferred.

  • Domestic travel required (up to 20%)

The starting compensation for this job is a range from [$200,000- $240,000], plus incentive cash and stock opportunities (based on eligibility).

The starting pay rate takes into account characteristics of the job, such as required skills and where the job is performed. Final, individual

compensation will be decided based on demonstrated experience.

Eligibility for specific benefits listed on our careers site may vary based on the job and location. For more on benefits, please visit our BMS

Career Site.

Benefit offerings are subject to the terms and conditions of the applicable plans then in effect and may include the following: Medical,

pharmacy, dental and vision care. Wellbeing support such as the BMS Living Life Better program and employee assistance programs (EAP).

Financial well-being resources and a 401(K). Financial protection benefits such as short- and long-term disability, life insurance, supplemental

health insurance, business travel protection and survivor support. Work-life programs include paid national holidays and optional holidays,

Global Shutdown days between Christmas and New Year’s holiday, up to 120 hours of paid vacation, up to two (2) paid days to volunteer, sick

time off, and summer hours flexibility. Parental, caregiver, bereavement, and military leave. Family care services such as adoption and

surrogacy reimbursement, fertility/infertility benefits, support for traveling mothers, and child, elder and pet care resources. Other perks like

tuition reimbursement and a recognition program.

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