Job Description Summary
GE HealthCare is undergoing a seismic transformation building on its legacy as a trusted medical equipment manufacturer with the introduction of innovative software solutions designed to help solve some of the biggest challenges in the healthcare industry. The role is global and crossfunctional in nature as GE HealthCare formally launches and scales an increasingly diverse range of cloudbased and AIpowered SaaS products for our health system customers. The Vice President Digital Pricing & Contract Strategy will pioneer the companys strategy for pricing and contracting new SaaS products including the design structure and implementation of customer pricing models and sales agreements for enterprisewide software solutions. The successful candidate will develop and manage pricing strategies and contracts that align with GE HealthCare business goals and market trends. Additionally this leader will build a team of pricing contract and finance experts commiserate with the growing scope of the companys SaaS solutions. This senior role will play a crucial role in driving GE HealthCares ambition of becoming a technology leader in the healthcare industry.
Job Description
Job Profile and Essential Duties:
- Strategic Pricing Design and Contract Structuring:Develop and drive the SaaS pricing and contracting function for all of GE HealthCare with particular emphasis on New Product Introductions (NPIs) ensuring alignment with overall GE HealthCare business objectives around cloud AI and SaaS offerings.
- Market Awareness:Analyze market trends competitor pricing and customer feedback to inform pricing and contracting decisions and strategies. Stay updated on industry trends regulations and best practices related to SaaS pricing and contracts.
- CrossTeam Collaboration:Collaborate with crossfunctional team including Sales Finance Product Management Legal and Marketing to align pricing strategies with overall business objectives. The successful candidate will engage their colleagues early in the product ideation and development cycle to provide counsel from the perspective of customer needs and desires.
- Product Pricing Structures: Work closely with product teams to understand optimal pricing models; demonstrate understanding of how multiple product offerings should be reflected in a broad enterprise agreement over several offerings healthcare modalities and customer objectives.
- Performance Forecasting and Monitoring:Work with the Finance team to forecast revenue projections for SaaS products. Monitor contract performance identifying opportunities for improvement and cost savings.
- Executive Communication: Prepare pricing models forecasts and reports for executive leadership and other stakeholders. Establish an effective visual datadriven dashboard for senior leadership consumption.
- Stakeholder Communication:Effectively communicate strategic initiatives to key stakeholders and provide regular updates on progress through an effective visual datadriven dashboard for leadership consumption. Requires regular engagement with executive leadership across the company including the business CEOs CMOs and CTO.
- Change Management:Lead change management efforts associated with pricing/contractual models ensuring adoption and buyin across the organization. Foster an environment of transparency and trust across GE HealthCare regions and segments.
Qualifications:
- Bachelors degree in Business Finance or a related field; MBA or equivalent experience preferred.
- 10 years of experience in pricing strategy contract management or a related field preferably in the SaaS industry. Experience in healthcare contracting preferred.
- Strong analytical skills with the ability to interpret data and market research to make informed pricing decisions.
- Excellent crossdepartmental communication skills with a proven track record of managing complex contracts.
- Proficient in contract management software and tools.
- Detailoriented with strong organizational skills and the ability to manage multiple projects simultaneously.
- Knowledge of financial modeling and forecasting techniques.
For U.S. based positions only the pay range for this position is $200000.00$300000.00 Annual. It is not typical for an individual to be hired at or near the top of the pay range and compensation decisions are dependent on the facts and circumstances of each case. The specific compensation offered to a candidate may be influenced by a variety of factors including skills qualifications experience and location. In addition this position may also be eligible to earn performance based incentive compensation which may include cash bonus(es) and/or long term incentives (LTI). GE HealthCare offers a competitive benefits package including not but limited to medical dental vision paid time off a 401(k) plan with employee and company contribution opportunities life disability and accident insurance and tuition reimbursement.
GE HealthCare will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable).
While GE HealthCare does not currently require U.S. employees to be vaccinated against COVID19 some GE HealthCare customers have vaccination mandates that may apply to certain GE HealthCare employees.
Relocation Assistance Provided: Yes
Required Experience:
Exec