Exemption Status:

United States of America (Exempt)

$108,515 - $152,464 - $196,412

“Pay scale information is not necessarily reflective of actual compensation that may be earned, nor a promise of any specific pay for any selected candidate or employee, which is always dependent on actual experience, education, qualifications, and other factors.  A full review of our comprehensive pay and benefits will be discussed at the offer stage with the selected candidate.”

This position is not eligible for Sponsorship.

MedImpact Healthcare Systems, Inc. is looking for extraordinary people to join our team!

Why join MedImpact? Because our success is dependent on you; innovative professionals with top notch skills who thrive on opportunity, high performance, and teamwork. We look for individuals who want to work on a team that cares about making a difference in the value of healthcare.

At MedImpact, we deliver leading edge pharmaceutical and technology related solutions that dramatically improve the value of health care. We provide superior outcomes to those we serve through innovative products, systems, and services that provide transparency and promote choice in decision making. Our vision is to set the standard in providing solutions that optimize satisfaction, service, cost, and quality in the healthcare industry. We are the premier Pharmacy Benefits Management solution!

Job Description

Job Description SummaryThe Trade Relations Formulary and Rebate Optimization Pharmacist is a client facing role that develops client specific clinical strategies in order to ensure that clients make sound, fact-based financial decisions related to the client’s prescription drug program and formulary. This position analyzes MedImpact’s client and market data to develop client specific strategies to manage member costs, grow the client’s business, and structure client offerings and formularies to meet the client’s clinical and financial goals.

Responsibilities include working with assigned clients, the MedImpact Account team, external vendors and internal MedImpact departments to identify client specific opportunities and to financially evaluate those opportunities and present recommended strategies to the client. This role analyzes large data sets to identify opportunities; conducts benchmarking analyses; reviews, tracks rebate performance and models rebate opportunities; ensures client contract terms related to financial performance are monitored and tracked; and identifies and implements new opportunities and strategies to assist clients in meeting their financial goals.

Essential Duties and Responsibilities

·       Proactively identifies client specific financial strategies to manage plan costs.

·       Models clinical rebate opportunities and present opportunities to assigned clients.

·       Proactively recommends formulary strategies to maximize clinically appropriate rebate opportunities.

·       Monitors and adheres to contractual requirements associated with Trade Relations.

·       Analyzes client specific financial data including rebates, clinical programs, and benefits data and develops and presents relevant reporting to clients.

·       Benchmarks client financial performance versus similar clients and available industry data.

·       Monitors and interprets contracts to identify MedImpact and client obligations related to rebate financial terms. Tracks performance to determine if contract requirements are being met and develops strategies to address financial shortfalls.

·       Proactively works with client teams to close gaps in client performance including formulary compliance and formulary optimization.  Supports client teams in clarifying MedImpact’s position related to contract disputes.

·       Analyzes very large data sets to proactively identify areas of opportunity including identifying clients that are not optimizing their rebate performance.  Develops and implements strategies to address these opportunities and tracks results.

·       Develops custom and ad hoc reports for clients; interprets and presents information to clients including appropriate recommendations based on the data.

·       Builds strong and collaborative working relationships with other members of the Trade Relations department, Account Team, Financial Analytics Team and other MedImpact departments to deliver value to clients and generate revenue and reduced risk for MedImpact.

·       Other duties a