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Apothecare Pharmacy & MCPHS University - Compounding/Business Development Fellowship

Company: Apothecare Pharmacy, LLC
Location: Brockton
Posted on: December 4, 2019

Job Description:

Introduction: Headquartered in Brockton, MA, Apothecare Pharmacy, LLC is a rapidly growing independent pharmacy specialized in servicing individuals with intellectual and developmental disabilities residing in community based settings. Our vision is to provide the highest value and most comprehensive care to our customers, which elicits multiple daily deliveries to homes across the state, execution on complex patient-specific medication packaging, and 24/7 access to a pharmacist for medication consulting and dispensing. Partnering in July 2018 with a Connecticut-based private equity firm, we intend to leverage our unique high-touch service model to expand operations into new markets throughout New England. As we pursue this goal, the Fellow will gain unique exposure to investment-driven acquisition-based growth strategies. Our automated packaging and dispensing technology, cutting edge workflow management systems, and investments from our strategic business partners allow for a consistently growing population of over 6,000 patients. Apothecare’s reputation has made the pharmacy one of the area’s largest and most respected providers for residential programs, assisted living and independently living seniors, and hospice - soon to expand operations into surrounding states. Apothecare’s Postdoctoral Fellowship Program, established in 2015, focuses on providing comprehensive knowledge of all aspects of pharmacy operations from the ground up by establishing Fellows’ understanding of workflow requirements of each department, integrating Fellows into the company’s management team, and pushing Fellows to make impactful business decisions. Graduates of the Fellowship are well-equipped to pursue management opportunities in diverse settings such as pharmacy ownership, pharmaceutical industry, or corporate enterprise. Goal & Vision: The purpose of this two-year Fellowship program is to develop graduate pharmacists in the area of pharmaceutical compounding by immersing the Fellow into the workflow of the compounding lab - taking on escalating responsibilities that will cultivate abilities in coherent formulation design, quickly adapting to new priorities, ascertaining and recommending appropriate therapeutic alternatives, and targeting timely completion of preparations through personnel management. This will include training in inventory purchasing and management, non-sterile compounding techniques, and policy creation and implementation. In addition, the Fellow will gain experience in teaching within the academic setting at MCPHS University and develop skills to train students, technicians, and employees in all areas of non-sterile compounding and formula development. Objectives: The Fellow will:

  • Develop skills and techniques necessary for non-sterile compounding of capsules, creams, ointments, gels, suspensions, suppositories, and solutions;
  • Conduct research for formula selection and development including active and inactive ingredients, equipment, procedures, beyond-use dating, and assessment of product quality through visual and quantitative measures;
  • Comprehend all regulations and standards of practice associated with a compounding pharmacy as outlined by USP and and accrediting bodies and employ by maintaining and revising current standard operating procedures;
  • Create and implement policy and procedures on proper storage and disposal of hazardous drugs with respect to USP ; train and supervise pharmacy staff on compliance;
  • Process charges based on calculation of ingredient, equipment and personnel costs in order to bill customer and/or third party appropriately for product dispensed;
  • Manage compound ingredient and product inventory and purchasing;
  • Supervise pharmacy staff compliance to established procedures concerning security of controlled substances and adherence to temperature specifications of all drug products;
  • Assist in organizing Apothecare’s annual flu vaccination clinics servicing over 1,000 patients;
  • Conduct educational in-service presentations to group home agencies, rest home staff and hospice nurses;
  • Precept and manage PharmD students on advanced or intermediate pharmacy practice experience at Apothecare, with a focus on developing compounding skills;
  • Integrate with healthcare providers at interdisciplinary team rounds to effectively manage end-of-life care for terminally ill patients;
  • Identify under-serviced areas of the marketplace and structure a model for growth opportunities in those areas, with attention to trends in reimbursement;
  • Apply business metrics.

Keywords: Apothecare Pharmacy, LLC, Brockton , Apothecare Pharmacy & MCPHS University - Compounding/Business Development Fellowship, Healthcare , Brockton, Massachusetts

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