Tuesday Jun 04, 2024
A chief pharmacy officer in your C-suite: Vital to health system success
Margins are tight everywhere in healthcare, and a health system pharmacy adds value especially when led by an established chief pharmacy officer. Jordan Dow, Chief Pharmacy Officer at Froedtert Health, Michael Oinonen, VP of Pharmacy Networks at Vizient, and our usual host Gretchen Brummel, Pharmacy Executive Director for the Vizient Center for Pharmacy Practice Excellence join guest host Carolyn Liptak, Pharmacy Executive Director with the Vizient Center for Pharmacy Practice Excellence to discuss the importance of the CPO role.
Guest speakers:
Jordan Dow, PharmD, MS, FASHP, FACHE
Chief Pharmacy Officer
Froedtert Health
Michael Oinonen, PharmD
VP of Pharmacy Networks
Vizient
Gretchen Brummel, PharmD, BCPS
Pharmacy Executive Director
Vizient Center for Pharmacy Practice Excellence
Host:
Carolyn Liptak, BS Pharmacy, MBA
Pharmacy Executive Director
Vizient Center for Pharmacy Practice Excellence
Show Notes:
[00:54-02:53] Mike Oinonen and Jordon Dow background information
[02:54-04:31] What exactly is a Chief Pharmacy Officer and how the CPO role differs from other types of health system pharmacy leaders
[04:32-08:17] Gretchen and Mike discuss their blog post on the CPO role
[08:18-07:46] Does the CPO role apply to all health systems in all hospitals big or small
[07:47-12:11] How prevalent is this CPO role, and its history
[12:12-15:42] Benefits of having a pharmacist at the C-suite level
[15:42-19:03] What an organization is missing without a CPO
[19:04-21:46] Where the CPO role is going in the future
Links | Resources:
- A Chief Pharmacy Officer in your C-suite: Vital to health system success
- Vizient Pharmacy Solutions
- ASHP Statement on the Roles and Responsibilities of the Pharmacy Executive
- Rationale for having a chief pharmacy officer in a health care organization | American Journal of Health-System Pharmacy | Oxford Academic (oup.com)
- The rise of the chief pharmacy officer
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