Bridget Mulvenna, vice president of business development at Capital Rx Inc. in New Market, Maryland, is a seasoned professional with nearly four decades of experience in the pharmaceutical and health care industries. She has been highly instrumental in leading sales initiatives and fostering strong relationships with consultants, pharmacy experts, and employee benefits brokers. Her role involves selling pharmacy benefits management services and collaborating with other pharmacies to support business development efforts related to National Average Drug Acquisition pricing. Ms. Mulvenna’s expertise extends to consulting with self-funded employers to secure effective and transparent pharmacy benefit arrangements, ensuring value is returned to clients.
Previously, Ms. Mulvenna held vital positions at Erickson Senior Living in Catonsville, Maryland, where she was the director of pharmacy programs and made significant contributions during the pandemic by ensuring a steady supply of personal protective equipment. Her strategic acumen was further demonstrated when she saved the company $500,000 by switching pharmacy benefits managers. Ms. Mulvenna also was the director of procurement, achieving substantial cost savings and operational efficiencies. Her career also includes stints at Omnicare, where she held various positions, including as a key account manager based in Cincinnati, Ohio. Beforehand, as an Omnicare senior regional account manager in Baltimore, Maryland, she managed significant accounts and later advanced to regional director of technology and general manager roles.
Since stepping into her current position at Capital Rx Inc., Ms. Mulvenna has noted a marked increase in her confidence in her abilities. Her prowess swiftly became evident when she became the first salesperson to successfully close business deals within her first year. She proudly acknowledges that despite societal stereotypes of women her age, her self-assurance has flourished. Further, she has come to appreciate the balance between being a team member and an individual contributor, recognizing her strengths derived from her military service, extensive business experience, and especially from being a mother. Another of Ms. Mulvenna’s key differentiators is her profound passion for health care. This, coupled with her deep knowledge of the field, is infectious, as she brings a positive attitude to her work and remains upbeat even in challenging situations.
Ms. Mulvenna’s professional journey began with military service as a pharmacy technician at the U.S. Army Medical Center of Excellence from 1991 to 1993. This foundational experience laid the groundwork for her subsequent achievements in management, pharmacy, health care, managed care, and the pharmaceutical industry. Her educational background includes coursework at The University of New Orleans. Ascribing her success to her ambition, determination, and strong work ethic, Ms. Mulvenna’s career trajectory has been significantly influenced by her long-held ability to secure positions through vendor or client referrals, reflecting her knack for building strong professional relationships.
In addition to her professional accomplishments, Ms. Mulvenna is active in civic organizations such as the American Cancer Society and St. Jude Children’s Research Hospital. She has also sponsored local political causes. Her varied contributions in professional and outside arenas have been recognized with awards like the NADONA and the Ocean Spray Award for Best Antibiotic Stewardship Program in 2019 as well as a nomination for Employee of the Year at Erickson Senior Living in 2018. Moreover, Ms. Mulvenna has shared her expertise by writing articles for professional journals, participating as a speaker on panels and conventions, and appearing as a guest on relevant podcasts, further establishing her as a thought leader in her field. Looking ahead, she will remain committed to raising public awareness about effective pharmacy benefit practices and empowering patients and plan sponsors. She envisions transitioning into consulting roles where she can leverage her extensive experience to help businesses optimize their pharmacy benefits. Her pragmatic approach involves setting rigid goals while remaining flexible in achieving them as she continues to positively impact the industry.
Outside of her career and civic involvements, Ms. Mulvenna – married to Daniel Bryan Mulvenna with three children, Jack Watson, Bryce Watson, and Trey Watson – enjoys time with her family, singing, traveling, practicing Pilates and yoga, meditating, and reading books.