About Health Strategy
A leading pharmacy benefits consulting firm, Health Strategy supports health plans and employers seeking to manage growing spend on prescription drugs. Core services include strategic reporting on utilization and trends, analysis of benefit and clinical performance, formulary optimization, and managing relationships with PBMs (including RFPs and contracting). Founded in 2006, we serve clients that collectively spend $150 billion annually on prescription drugs (1 in 5 scripts nationally). More information on firm & team available at https://www.healthstrategyllc.com.
ABOUT THE ROLE
Analytics Team within Health Strategy: Our team optimizes pharmacy benefits for our clients by
- Ensuring that our clients have access to the best economic terms,
- Developing efficient network and clinical solutions to achieve client access and health goals, and
- Ensuring aligned incentives between the patient, plan, PBM, and pharmacy to drive the lowest net cost possible
Contributor Responsibilities: Analysts provide full analytic support including standardized and Ad Hoc reporting using Health Strategy developed tools and creating custom reports and presentations. Tools commonly used include database SQL, MS Excel models, and Power Point presentations. Analytic investigations support our client’s ability to manage the pharmacy benefit to improve or maintain the clinical appropriateness of the network and clinical structure while improving the financial cost of the benefit. This role will be responsible for evaluating Prescription Benefit Manager (PBM) proposals, clinical changes, reconciliation of financial guarantees with PBMs, and forecasting.
Additional Details:
- Analysts are part of a cross-functional consulting team with:
- account management,
- clinical pharmacists, and
- legal experts
- Work environment
- Geographically diverse work from home
- Travel likely 1-3 weeks per year
- Direct communication with PBMs and client executive leadership
Requirements:
- 5+ years of analytic experience
- 3+ years of pharmacy economic analytics
- Comfort communicating at all organizational levels
- Bachelor’s degree or more in finance, economics, pharmacy, data science, actuarial science, or related STEM field
- Adept with Microsoft Excel
- Database exposure with SQL
Job Type: Full-time
Pay: $100,000.00 - $140,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Flexible schedule
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Parental leave
- Vision insurance
Application Question(s):
- Are you comfortable using SQL to query and analyze data? (Yes/No)
- How many years of experience do you have working in healthcare vs pharmacy data analytics/economics? (specify healthcare vs pharmacy)
- How many years of experience do you have working directly with Pharmacy Benefit Managers (PBMs) on pricing, contracts, or financial guarantee reconciliation?
- Do you have experience translating contract terms into financial impacts? (Yes/No)
- Do you have experience presenting financial or clinical analysis to decision makers? (Yes/No)
Experience:
- Analytic: 5 years (Required)
- Pharmacy Economic Analytics: 3 years (Required)
Work Location: Remote
