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Government Pricing Analyst
4 months ago
Role Description
Through numerous healthcare programs, patients receive coverage for GC Biopharma USA products maintaining their access to these medicines. GC Biopharma USA contributes to the success of these programs by providing access to our products based on each program. The Pricing and Contracting Analyst will be responsible for reviewing price calculations, government reporting obligations, commercial contracts review, and Gross-to-Net (GTN) analysis required to manage these programs. The Pricing and Contracting Analyst must possess an ability to manage multifaceted responsibilities, along with building cross functional relationships with Marketing, Market Access, Government Pricing, and Finance.
Responsibilities
- Ensure compliance with laws governing government programs are within GC Biopharma USA’s written policies, procedures and standards of conduct.
- Review and analyze reporting of programs requiring price reporting, per legislative requirements, including Average Manufacturers Price (AMP), Best Price (BP), Average Sales Price (ASP), non-Federal Average Manufacturer Price (nFAMP), Federal Ceiling Price (FCP), Industrial Funding Fee (IFF) and Unit Rebate Amounts (URA).
- Data analytics and problem solving with regards to Government Pricing calculations; trending analyses, and presentations to leadership team.
- Support the development of procedural documentation as required by changes in legislation and business practices.
- Support of activities related to Inflation Reduction Act (IRA) implementation and/or other new legislative calculations.
- Interact with multiple layers of staff and management regarding price variances and new programs.
- Support the update of SOPs as needed in addition to documenting reasonable assumptions.
- Assist with the review of monthly accruals, reconciliations, analyses, and reporting for all GTN line items.
- Assist with the review of monthly GTN utilization files, co-pay program reporting file, GTN accrual summary file, and GTN reporting package.
- Provide Management with insight and detailed explanations for fluctuation between forecasted rates, and actual GTN deductions.
- Support the pricing committee with key product pricing decisions; work closely and support Market Access team in the development of analysis supporting those pricing decisions.
- Awareness of emerging healthcare & pharmaceutical industry trends and assess their potential impact on GTN forecasting and accruals.
- Support Market Access & Government Reporting team in analysis of bonafide service fees and other special projects.
- Perform ad-hoc analysis and projects as required by management.
Education
Bachelor's degree or higher preferred.
Experience
3+ years business experience, preferably with a concentration in pharmaceutical data analysis, commercial contracting, Government Programs-related activities, rebates, chargebacks, and financial analysis.
Skills
- Strong analytical and problem-solving skills.
- Excellent attention to detail and accuracy.
- Proficiency in Microsoft Excel and other data analysis tools.
- Ability to work independently and adjust priorities to achieve accurate and timely results.
- Strong communication skills (verbal and written) and ability to collaborate across functions.
- Ability to identify opportunities for process improvements and aptitude for continuous improvement and change.
