Rebate Analyst

HealthVerity

Job Location:

Philadelphia, PA - USA

Monthly Salary: $ 60000 - 80000

Posted on: 2 days ago

Vacancies: 1 Vacancy

Job Summary

How you will help

As a Rebate Analyst at HealthVerity you will contribute your skills to support clients using our contract management platform empowering them to efficiently negotiate execute and manage the increasing complexity of traditional rebate agreements while introducing enhanced capabilities to facilitate next generation medical rebate and value-based contract designs. You will communicate between our clients and our engineering teams on queries and requests for enhancements.

What you will do

Plan and schedule the necessary activities for supporting client utilization of the Smart Contracts rebate technology
Analyze manufacturer contract terms to ensure compatibility with rebate technology
Perform contract set up support as required for each rebate period
Assist with the coordination analysis and validation of rebate reports and distribution of invoices for the rebate period
Assess implement and communicate critical information for maintenance of rebate modules; including contract amendments and other changes that impact the rebate process
Analyze and support contract disputes working with clients to ensure timely payment of rebates and admin fees
Research and analyze client questions related to invoiced products and corresponding rates and qualification and provide explanation information and interpretation within area of expertise
Prioritize and manage multiple projects and deliverables across various stakeholders
Maintain proper records and reports to track progress of client deliverables
Ensure Smart Contract rebate technology user manuals and other client support resources are up to date

How success will be defined

Percent of completed and on-time projects and client deliverables
Number of complete and open client trouble tickets
Turnaround time for correcting contract or invoice related processing mistakes/errors or change requests
Accuracy and completeness of control records and contract analyses
Client satisfaction score measured through Stop Light Surveys

Required skills and experience

Experience working within a PBM pharmaceutical manufacturer or managed care organization; preferably PBM background with pharmacy claims data drug formularies reimbursement and pharmaceutical rebate contract experience
Strong understanding of the claims adjudication process and pharmaceutical manufacturer rebate contract language and terms and conditions
Familiarity with NCPDP field formats 340B and payor contract reimbursement terms
Knowledge of pharmacy claims reimbursement (ex. WAC ASP AWP discounts rebates admin fees etc.)

Desired skills and experience

Proficient in Microsoft products including Excel and Word
Strong analytical skills
Comfortable working with large datasets including different healthcare data types such as: claims enrollment clinical medical pharmacy contract and financial data from payers/providers
Experience with Medispan data and medical coding (ex. HCPCs)
Understanding of data sent to payers/providers and how to utilize it for benchmarking and measuring value-based contract performance
Experience building dashboards around rebates cost and utilization metrics of patient populations
Ability to assess interpret and translate client needs into business requirements
Working experience with relational databases and a data visualization tool (i.e. Tableau PowerBI Amazon QuickSight) plus knowledge of query tools

Base salary for the role is commensurate with experience and can range between $60000 - 80000 annual bonus opportunity.

Hiring Locations

Our main office is located in Center City Philadelphia where we operate on a hybrid model with in-office work required three days a week for local employees. We believe collaboration is most effective when teams come together which is why we prioritize hiring in the Philadelphia area.

For certain roles we also hire from hub locationsregions where we have an established presence with multiple team members working remotely. While these employees primarily work from home we bring them together in person at least once a year for team-building collaboration and strategic planning.

Due to tax and labor regulations we can only hire from specific states. Remote work is supported in the following key hub locations and approved states:

Hub Locations:

Philadelphia Pennsylvania
Boston Massachusetts
New York City New York
Baltimore Maryland
Washington D.C.
Charlotte North Carolina
Raleigh-Durham North Carolina
Atlanta Georgia
Chicago Illinois

Approved States for Remote Work:
CT DE FL GA IL IN MA MD MI NC NJ NY OH PA TN and VA.

About HealthVerity

HealthVerity is the leader in privacy-protected real-world data exchange transforming how healthcare and life sciences organizations connect and analyze disparate patient data. By enabling access to the industrys largest RWD ecosystem HealthVerity supports critical applications in clinical development commercial strategy regulatory decision-making and public health. To learn more about HealthVerity visit .

Why youll love working here

We are making a difference Our technology is at the forefront of some of the biggest healthcare challenges in the world.

We are one team Our people define our culture and always will. We take time out to celebrate each other and acknowledge the value that each of us adds towards our greater mission. Come share all you have to offer.

We are learners Every team member is continually learning no matter if weve been in a role for one year or much longer. We are committed to learning and implementing what is best for our clients partners and each other.

Benefits & Perks

Our benefits package is thoughtfully designed to support and enrich the experience of our full-time employees with eligibility limited to those in permanent positions.

Compensation: competitive base salary & annual bonus opportunity (for non-commissioned roles)
Benefits: We offer health dental and vision coverage starting on day 1. We also offer a 401(k) plan and an equity program with new hire equity grants beginning at the Director level and above.
Flexible location: Remote workdays and 3 days a week of in-office collaboration for team members in the Philadelphia area. Check location requirements with the recruiting team.
Generous PTO: Take time off as needed targeted at 4 weeks per year including vacation personal and sick time plus paid parental leave.
Parental Leave: 12 weeks paid leave for childbearing surrogacy and adoption; 6 weeks for non-childbearing parents.
Comprehensive and individualized onboarding: mentorship program departmental talks and a library of resources are available beginning day 1 for each new team member to minimize the stress of starting a new job
Professional development: biweekly 1:1s hands-on leadership that is goal-and growth-oriented for each team member and an annual budget to support professional development pursuits

We believe incorporating different ideas perspectives and backgrounds make us stronger and encourages an environment where ageism racism sexism ableism homophobia transphobia or any other form of discrimination are not tolerated. All qualified job applicants will be given consideration for employment without regard to race color religion sex sexual orientation gender identity national origin protected veteran status or on the basis of disability. At HealthVerity were working towards an innovative and connected future for healthcare data and believe the future is better together. We can only do that if everyone has a seat at the table.

If you require a reasonable accommodation in completing this application interviewing completing any pre-employment testing or otherwise participating in the employee selection process please direct your inquiries to

Remote opportunities are not available in all areas and require team members to work from a fixed location due to tax and labor law implications - specific questions about remote positions can be discussed during the interview process with your recruiter.

Required Experience:

How you will helpAs a Rebate Analyst at HealthVerity you will contribute your skills to support clients using our contract management platform empowering them to efficiently negotiate execute and manage the increasing complexity of traditional rebate agreements while introducing enhanced capabilitie...