Year 1: $50,000
Year 2: $52,500
* Paid Time Off and Benefits equivalent to a full-time employee.
* Tuition Compensation for Master in Health-System Pharmacy Administration at The Ohio State University.
* Other Compensation:
- Travel Allowance
- Pharmacy Licensure Fee for the State of Ohio
- Yearly ASHP Membership or Other Professional Organization
CPS Solutions, LLC. is the leading pharmacy solutions provider for hospitals and health systems nationwide. Our partnerships with a variety of healthcare facilities, ranging from critical access hospitals and large health systems to behavioral health centers and rehabilitation hospitals, drive performance and value for healthcare leaders and their teams. Our capacities include, but are not limited to, pharmacy management and consulting, 340B, specialty and ambulatory pharmacy, telepharmacy, rehabilitation, and supply chain management.
The PGY1 / PGY2 Health-System Pharmacy Administration and Leadership with Masters residency program with CPS Solutions, LLC. is a combination program consisting of a Master’s degree and residency in Health-System Pharmacy Administration and Leadership created to focus on developing leadership and management skills through practical health-system pharmacy experiences. CPS hopes to create an environment of professional growth and create a foundation of development of leadership skills that will prepare the resident to assume leadership in a hospital or health-system. CPS has collaborated with The Ohio State University College of Pharmacy, Masters in Health-System Pharmacy Administration to offer such a program.
Residents successfully completing the CPS PGY1/PGY2 Health-System Pharmacy Administration and Leadership Residency Program will be able to:
Demonstrate effective leadership and practice management skills in the area of health-system pharmacy administration.
Understand safe and effective medication-use systems, basic human resource management issues, management of financial resources, and the use of technology commonly encountered in health-system pharmacy.
Be aware of professional, legal, quality, and accreditation standards affecting health-system pharmacy practice.
Optimize patient outcomes through the provision of evidence-based, patient-centered therapy and fostering effective decision support as an integral part of interdisciplinary healthcare teams.
Provide medication and practice-related information, education, and/or training.
These objectives will be achieved through the successful completion of the ASHP required competency areas, goals, and objectives for the postgraduate year one (PGY1) pharmacy residency and postgraduate year two (PGY2) Health-System Pharmacy Administration and Leadership Residency.
In addition to the program objectives from CPS, a graduate of The Ohio State University College of Pharmacy, Masters in Health-Systems Pharmacy Administration program will be able to:
Conceptualize, plan, coordinate, and evaluate pharmaceutical care in organized healthcare settings.
Employ managerial and financial skills to maintain and improve health system pharmacies.
Design pharmacy services that meet the needs of the changing health care system.
Convey concepts and ideas clearly and succinctly via verbal or written communication.
Relay ideas that are well researched and objectively stated.
Collect and interpret data useful to improving health system pharmacy services (data driven decision making).
Establish a vision for health-system pharmacy based on current and historical philosophies of pharmacy practice.
Our post-graduate pharmacy training aims to further the Mission and Vision of CPS to empower healthcare organizations to achieve clinical, operational, financial, and regulatory excellence while transforming community healthcare one patient at a time. Our residents will join a team of industry experts with extensive background in transforming pharmacy operations – providing optimized pharmacy best practices and innovative technology solutions. Ultimately driving superior financial and clinical performance across the continuum of care.
All applications must be received by January 2, 2024 and will be screened according to the following criteria:
Graduation from an Accreditation Council for Pharmacy Education (ACPE) accredited college of pharmacy or have a Foreign Pharmacy Graduate Equivalency Committee (FPGEC) certificate from the National Association of Boards of Pharmacy (NABP).
Enrollment in the National Resident Matching Program (NRMP).
Completed pharmacy practice residency application.
Eligibility for licensure in the State of Ohio.
Curriculum vitae contains no deficits or cause for concern in the areas of written communication, pharmacy experience, or academics.
Three recommendation letters and/or forms contain no deficits or cause for concern in the areas of personal relations/maturity/leadership, initiative/motivation, academics, pharmacy experience, or written/verbal communication.
Applications will only be accepted through the Pharmacy Online Residency Centralized Application Service (PhORCAS). This service may be accessed by visiting ashp.org/phorcas. Applicants are responsible for completing all required materials and verifying availability of references by January 2, 2024.
CPS Solutions, LLC. was founded nearly 50 years ago and employs over 2,500 clinical, regulatory, and operational pharmacy professionals. We are the nation’s oldest and largest provider of pharmacy support services to more than 800 hospitals and healthcare facilities across the United States and Puerto Rico. CPS helps hospital pharmacists tackle complex problems such as medication reconciliation, hyper-inflated drug costs, standardization, centralized distribution, regulatory and compliance, and 340B programs leading to increased quality, reduced admissions, and lower costs.
Currently, CPS Solutions, LLC offers a PGY1 Pharmacy, PGY1/2 Health-System Pharmacy Administration & Leadership (HSPAL) with Masters, PGY1 Community-Based Pharmacy, PGY1 Community-Based Pharmacy/PGY2 Specialty Pharmacy Administration and Leadership with Masters, and PGY2 Psychiatric Pharmacy Residency Programs as well as Fellowship Programs in Health Equity and Systems Thinking and Specialty Clinical Informatics.
These programs and fellowships provide young professionals with the opportunity to grow careers with an industry leader.
As the nation’s leading provider of pharmacy solutions, we support pha...rmacy leadership, providing optimized pharmacy best practices and innovative technology solutions to drive superior financial and clinical performance. Being an independent company allows us to stay agile, stay ahead, and truly partner with our clients to achieve mutual success. Our pharmacies have a full CPS support team of experts available in the areas of pharmacy management and consulting, 340B, specialty and ambulatory pharmacy, telepharmacy, rehabilitation, and supply chain management.