Director, Managed Care Rebate Operations

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Summary:

This role is accountable for strategic and functional leadership of a team responsible for accurate and timely Managed Care Commercial and Medicare Part D rebate processing and payments, data stewardship and compliance in connection with matrix team’s financial reporting (GTN, projections and budgets) as well as all aspects with evaluating implications of and reporting Managed Care data required for U.S. and Puerto Rico government pricing calculations.

Responsibilities:

• Lead and develop a team responsible for systems and processes that collect, process, monitor and use Managed Care data for financial, business or government pricing calculation purposes including but not limited to: rebate payments, GTN, projections, budgets, AMP, ASP, BP estimate, BP true-up, BP modeling of contingent/portfolio agreements, legal requests, SOX compliance, deal analytics, contract performance analytics and ad hoc data analytics

• Partner with other BMS functions to assist them in understanding all potential implications of various rebate deal structures

• Develop and maintain processes to estimate implications of contingent and portfolio rebate deal structures to inform business, financial and government pricing calculation

• Review and approve the monthly and quarterly Managed Care processes that support government pricing calculations including collaboration with legal colleagues to monitor the latest government contracting and reporting requirements, and ensure Managed Care government pricing calculation implications are identified and considered

• Serve as lead and provide guidance to the team to operationalize the BMS 340B strategy for Managed Care Rebate Operations and understand broader 340B landscape

• Lead team and work collaboratively with other internal and external partners on PBM conflict/dispute resolution

• Provide oversight for various aspects of external vendor contract negotiations, service level performance, system enhancements, system controls, and issue resolution

• Ensure maintenance of appropriate departmental SOPs and work with internal and external auditors and team to ensure SOX compliance of rebate processing and appropriate categorization of Managed Care data for financial forecasting and government pricing calculations

• Provide oversight for team and coordinate with Treasury for Manufacturer Discount Program (formerly Coverage Gap Discount Program) administration and payment responsibilities

• Champion process improvement initiatives as required

• Lead the team in the implementation and testing of Managed Care rebate systems (REACT$ and vendor interfaces)

• Lead and assist with special projects as required (IRA, Legal requests, dispute resolutions, etc.)

• Drive digital transformation by identifying opportunities to automate pricing processes and implement scalable digital tools

• Champion process innovation by evaluating current pricing practices and recommending digital enhancements to improve efficiency and accuracy

Qualifications:

• Bachelor’s degree in an analytical, financial, or business-related program or the equivalent

• A minimum of 10 years of experience in the pharmaceutical/healthcare industry related to Managed Care

• Experience with governmental pricing, bundled sales arrangements, financia