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Senior Pricing Analyst
Senior Pricing AnalystArdon • Portland, OR, US
Senior Pricing Analyst

Senior Pricing Analyst

Ardon • Portland, OR, US
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  • [job_card.full_time]
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Job Description

Job Description

As we continue to grow, we are seeking a Senior Pricing Analyst to join our award-winning specialty pharmacy team.

About Ardon Health

At Ardon, we are passionate about our mission to inspire people and improve lives through the delivery of high-quality, compassionate healthcare services. Our innovative work environment in Portland, Oregon, centers around uplifting collaboration with our employees as we care for patients. Our commitment to cultivating talent and fostering growth within our organization keeps Ardon ranked among the top 100 companies to work for in Oregon.

  • Recognized as a Top Workplace by the Oregonian in 2021, 2022, and 2023

Our specialty pharmacy

Our state-of-the-art specialty pharmacy provides medications that are often used to treat complex or rare conditions. We deliver services to enhance the patient experience within the comfort of their home. We remove barriers to care and provide patients with the education, clinical care and supportive services they need on their treatment journey. We work to build trusted relationships and to be a resource where patients can turn for help.

What it’s like to work with our team

Our progressive work environment embodies the notion that life is meant to be shared and lived well, through hard work, compassion, and camaraderie. Together, we enjoy team meals and celebrate events and company milestones. Employees like to relax in our lounge equipped with amenities that promote wellness and fun. We volunteer to support patient advocacy organizations within our community. Our employee-run DEI Group is dedicated to diversity and inclusion.

To learn more about our team and what we do, watch our video at https : / / vimeo.com / 320864889 .

Join us!

Do you want a dynamic career opportunity where you can make a difference? Explore the potential of your pharmacy experience in an elevated role.

We are recruiting a Senior Pricing Analyst to provide management with the needed analysis and information to inform the organization’s pricing strategy, as well as operationalize tactical decisions to meet key goals, objectives, and pricing guarantees. This position requires flexible problem-solving and cross-functional collaboration with other departments, and the ability to adapt to a fast-paced and complex specialty pharmacy environment.

Job type : Full-time

Pay range : $97,135.61 - $123,850.15 annually, depending on experience.

Benefits :

  • Competitive pay
  • Flexible PTO and paid company holidays
  • Medical, dental, vision, disability and life insurance
  • 401(k) match
  • Essential Functions and Activities :

  • Analyze pharmaceutical market trends, competitor pricing, and internal cost structures to develop and recommend competitive and sustainable pricing strategies for prescription medications.
  • Utilize and evolve statistical models and data analysis techniques to assess the impact of pricing decisions on revenue, profitability, and possible patient impact.
  • Evaluate opportunities and identify key negotiation points to enable sufficient return / profitability.
  • Establish and maintain pricing within adequate market ranges.
  • Identify cost of goods opportunities and collaborate to deliver
  • Analyze pricing-related data, including historical pricing, sales data, and market research specific to pharmaceuticals.
  • Conduct data analysis to identify pricing opportunities, trends, and areas for improvement.
  • Develop reports, dashboards, and presentations to communicate pricing insights and inform and influence decisions.
  • Monitor and track competitor pricing strategies in the pharmaceutical industry.
  • Identify pricing & value differentials and opportunities to maintain a competitive edge in the market.
  • Stay informed about regulatory changes and industry trends affecting pharmaceutical pricing.
  • Collaborate closely with pharmacy management, procurement and finance teams, and clinical providers to align pricing strategies with medication offerings and patient care objectives.
  • Continuously refine pricing models and strategies to optimize profitability while considering patient affordability and medication access.
  • Recommend pricing adjustments based on comprehensive data analysis, evolving market conditions, and patient needs.
  • Leverage strong communication skills with the ability to prepare and present complex data in ways that enable clarity and understanding.
  • Interface with other departments in the pharmacy, procurement, accounting, billing, and legal spheres of influence. There may be some interface with external stakeholders from time to time.
  • Efficiently provide senior management with the analysis and information they need to make operational, financial, and strategic decisions.
  • Refine pricing models and optimize profit margin strategy.
  • Collaborate with other business functions and staff to identify and drive financial and / or process improvements.
  • Monitor results with respect to KPIs (margin / revenue) and contribute to an environment of continuous improvement.
  • Design and perform internal pricing controls to ensure the integrity of the established pricing strategy.
  • Provide ad hoc internal support for the 340B contract pharmacy program.
  • Actively participate and provide support as needed to leadership and quality program staff to ensure activities related to the company’s quality management program and quality improvement activities maintain priority focus and are effectively executed. This may include but is not limited to activities that promote objective and systematic measurement, monitoring, and evaluation of services and defined Quality Improvement Projects (QIPs) that may result from such efforts.
  • Comply with the company's Human Resources policies, Employee Handbook, Code of Conduct, and all department policies and procedures, including protecting confidential company, employee, and customer information; and adhering to good safety practices in all activities.
  • Perform other duties and responsibilities as assigned.
  • Position Specifications :

    1. Education and experience

    a. Required :

    i. Bachelor's degree or equivalent specializing in Finance, Business, or Data Analytics.

    ii. 3-6 years’ experience in the financial field with strong understanding of key financial business principles

    iii. Advanced experience in Microsoft Excel.

    b. Preferred :

    i. Pharmaceutical background.

    ii. Previous experience / exposure in the 340B Drug Pricing Program.

    2. Physical and mental functions and activities

    a. Must have strong analytical, problem-solving, and planning skills.

    b. Must be able to rapidly develop proficiency and build upon new systems and tools.

    c. Must be able to plan and implement projects, including adherence to sensitive timelines.

    d. Must be able to maintain confidentiality of corporate finance projects and enterprise trade secrets.

    e. Must be organized and inquisitive with high attention to detail.

    f. Must be able to add value and collaborate effectively with multi-disciplinary teams.

    g. Must be able to work both independently and collaboratively in a dynamic healthcare environment.

    h. Must be able to work well under pressure with frequent interruptions and shifting priorities in a fast-paced environment.

    i. Must be able to present a professional business image and excellent verbal, written, and interpersonal communication skills.

    j. Must be able to express oneself, detect, perceive, observe, and assess information exchanged in a variety of communication methods.

    3. Working Conditions

    a. Work is performed in an office environment, with extensive keyboard and telephone work in a stationary position.

    b. Flexible work schedule with a preference from home plus one day per week in the office.

    c. Business needs may occasionally require work in excess of 40 hours per week, including work outside of the standard work week.

    4. Contact with others :

    a. Contact with others is both external and internal across multiple departments and stakeholders.

    Our ideal candidate has :

  • Strong communication and interpersonal skills.
  • Ability to effectively collaborate in a team setting.
  • Proficiency in standard workplace software and / or information management applications.
  • Prior experience working in a pharmacy or healthcare setting.
  • Ability to navigate computer applications.
  • Ability to work in a fast-paced environment.
  • Knowledge of pharmacy benefit investigation, prior authorization support, and patient financial assistance connection.
  • Prior experience working with physicians, nurses, or other healthcare professionals.
  • Ardon Health seeks to allow equal employment opportunities for all qualified persons without regard to race, religion, color, age, sex, sexual identification or orientation, national origin, marital status, disability, veteran status or any other status protected by law.

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