Full-Time

Senior Consultant

Government Pricing

Posted on 11/16/2024

Model N

Model N

1,001-5,000 employees

Cloud-based revenue management solutions provider

Enterprise Software
Healthcare

Compensation Overview

$76.5k - $114.7kAnnually

+ Bonus + Commission

Senior

Remote in USA

Category
Financial Consulting
Consulting
Requirements
  • Bachelor's degree required and 5+ years' relevant experience.
  • Experience with the pharmaceutical industry
  • Ability to continually build detailed subject matter expertise in Government Reporting Compliance
  • Must be able to comprehend and/or learn complex government compliance requirements and retain, build upon and apply this knowledge on a daily basis.
  • Effective management of multiple client assignments
  • Working proficiency to work with Microsoft Office 365 with focus on Excel
Responsibilities
  • Ensure periodic calculation requirements are met within mandated timelines
  • Manage ongoing client relationships (interface w/ clients to resolve specific issues)
  • Ensure the accuracy of calculation results based on the analysis associated with customer data
  • Prepare monthly and quarterly client deliverables
  • Calculate government prices for the federal drug programs including BP, AMP, ASP, PHS/340B, NFAMP, FCP/FSS, IFF
  • Perform monthly client data reconciliations
  • Create detailed calculation tie-backs as necessary
  • Attend internal training sessions to improve Government Pricing Calculation knowledge
  • Assist the Government Pricing teams with various GP related project activities

Model N provides cloud-based revenue management solutions specifically designed for the high-tech and life sciences industries. Their platform assists clients in maximizing revenue throughout the commercialization process, which includes improving the quote-to-cash process and enhancing relationships with channel partners. The solutions offered, such as Revenue Cloud for Pharma, Medtech, and High Tech, address the unique pricing, compliance, and revenue management challenges faced by these sectors. Clients subscribe to Model N's software-as-a-service (SaaS) model, allowing them to access a suite of tools and receive ongoing support and updates. Model N's services have proven to generate significant savings for customers, averaging $68 million per $1 billion of revenue, showcasing the effectiveness of their solutions. The company's goal is to help clients bring life-changing products to market more efficiently while navigating regulatory changes.

Company Stage

Acquired

Total Funding

$36M

Headquarters

San Mateo, California

Founded

1999

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

6%
Simplify Jobs

Simplify's Take

What believers are saying

  • The acquisition by Vista Equity Partners for $1.25 billion indicates strong market confidence and potential for growth.
  • Model N's solutions generate significant savings for clients, averaging $68 million per $1 billion of revenue, highlighting their value proposition.
  • Continuous innovation, such as the new rebate enhancement for Medicare Part D, demonstrates Model N's commitment to addressing evolving market needs.

What critics are saying

  • The acquisition by Vista Equity Partners may lead to strategic shifts that could impact company culture and operations.
  • Complex regulatory environments in the pharmaceutical and medtech sectors require constant updates, posing a risk if Model N fails to keep pace.

What makes Model N unique

  • Model N specializes in revenue management solutions tailored specifically for high-tech and life sciences industries, unlike broader SaaS competitors.
  • Their industry-specific solutions like Revenue Cloud for Pharma and Medtech address unique compliance and pricing challenges, setting them apart from generic revenue management platforms.
  • Model N's focus on regulatory compliance, such as the new Medicare Part D inflation rebate enhancement, ensures clients stay ahead of evolving laws, a critical advantage in the pharmaceutical sector.

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