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Free Market Health

Cloud-based marketplace for specialty pharmacy referrals

Strategic Pricing Manager

Corporate Finance & FP&AConfirmed live in the last 24 hours
Full-timePittsburgh, PA, USANo salary listed

About the Job

Requirements

  • A bachelor's degree in business, healthcare administration, finance, or a related field is required.
  • Three or more years of pharmacy pricing experience, ideally within a pharmacy benefit manager or pharmacy business unit, are required.
  • Demonstrated expertise in financial or pricing modeling is required.
  • Experience analyzing pharmacy benefit rates using Wholesale Acquisition Cost (WAC), Average Wholesale Price (AWP), and National Average Drug Acquisition Cost (NADAC) methodologies is required.
  • A background in healthcare financial modeling is required.
  • Advanced proficiency in Microsoft Excel is required.
  • The role requires critical-thinking and problem-solving skills.
  • The role requires attention to detail and the ability to evaluate complex pricing information accurately.
  • The role requires the ability to collaborate with cross-functional stakeholders and translate pricing strategies into executable processes.

Responsibilities

  • Own the day-to-day maintenance, documentation, and execution of rate decisions across payer programs.
  • Perform regular audits of pricing configurations to identify discrepancies, outdated rates, and opportunities for optimization.
  • Model and track the financial impact of proposed pricing updates.
  • Establish scalable processes and operational standards that support the continued development of the pricing function.
  • Partner with Sales to maintain accurate client rates.
  • Translate new rate sources and pricing strategies into accurate rate configurations.
  • Analyze the interaction between pricing methodologies, including WAC, AWP, and NADAC, and rate-source updates.
  • Evaluate and implement rate updates related to generic launches, biosimilars, newly introduced drugs, and other specialty pharmacy market events.
  • Evaluate the impact of rate changes across client programs using financial and pricing-modeling capabilities.
  • Develop and document processes and procedures for collecting, reviewing, implementing, and maintaining rates and pricing information.
  • Monitor existing pricing tools and processes for effectiveness and recommend opportunities for technology-enabled improvement.
  • Evaluate reporting packages from the perspective of payer clients, PBM clients, and internal stakeholders.
  • Collaborate with Analytics to recommend improvements to the content, impact, production, and presentation of pricing data and reporting.

Desired Qualifications

  • Direct experience with specialty pharmacy pricing and reimbursement analysis is preferred.
  • Experience with Tableau or Databricks is preferred.
  • An advanced degree in healthcare, business, or a related field is preferred.

About the Company

Free Market Health

Cloud-based marketplace for specialty pharmacy referrals

Free Market Health runs a cloud-based marketplace platform that connects payers and specialty pharmacies to streamline the delivery of specialty medications. It matches patient referrals with appropriate pharmacies and provides real-time analytics and reimbursement tools to track costs and actions. It differentiates itself with a transparent, competitive marketplace and a centralized hub for referrals and reimbursement workflows, enabling better resource allocation. Its goal is to improve patient access while controlling costs across the specialty drug ecosystem.

Company size
51-200
Company stage
Series B
Total funding
$35.5M
Headquarters
Pittsburgh, PA
Founded
2019

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