Associate Director Government Pricing & Contracts

Radius HealthBoston, MA
279d$152,000 - $175,000

About The Position

Radius Health is a global biopharmaceutical company dedicated to transforming the future for patient populations in bone health and related therapeutic areas. Our team works relentlessly to improve the lives of our patients, their caregivers, our communities, our partners, and each other. We live by our corporate values, and every employee has an unwavering commitment to contributing to our positive culture. We are currently recruiting for an Associate Director Government Pricing and Contracts. The Associate Director, Government Pricing and Contracts administers Radius Health's contractual obligations under the Federal Supply Schedule (FSS), Public Health Service Agreement (PHS), Medicaid Drug Rebate Agreement (MORA), Medicare Coverage Gap Discount Program Agreement (Coverage Gap), and the TRICARE Retail Refund Pricing Agreement. The candidate also is responsible for accurately calculating the quarterly Non-Federal Average Manufacturer's Price (Non-FAMP), annual Non­ FAMP, annual Federal Ceiling Price (FCP) and the quarterly Public Health Services Price (PHS). He/she is responsible for calculating and submitting quarterly/monthly Average Manufacturer's Price (AMP) calculation and quarterly Best Price (BP) and Unit Rebate Amount (URA) calculations. The Associate Director also administers the Industrial Funding Fee payment which entails verification of the source data, calculation of the amount, the MDP/Coverage Gap and TRICARE rebate payments also fall within the responsibilities of this position ensuring payments are made on time and accurately.

Requirements

  • Bachelor's Degree in a business discipline.
  • 5 years of government contracting and pricing reporting experience.
  • Excellent understanding of government programs and regulations associated with these programs.
  • Experience providing detailed analyses in relation to government pricing and presenting analyses to decision makers/senior management.
  • Ability to define problems, research proposed solutions, analyze the short and long-term implications, and propose and/or implement solutions.
  • Ability to weigh risk/benefits involved in dealing with government agencies and possesses excellent customer service and negotiation skills.
  • Advanced MS Word, MS Excel, MS Access (or equivalent database management) skills.
  • Excellent interpersonal skills, customer service commitment, and detail orientation.
  • Must be self-motivated, require minimal supervision, and be a team player.

Responsibilities

  • Manages the data prep, validation, calculation, and analytics related to Radius Health's participation in the following government programs: VA Federal Supply Schedule Program, Medicaid Drug Rebate Program, PHS 340B Drug Discount Program, TRICARE Retail Refund Program, MDP/Coverage Gap Program.
  • Performs the calculation of one or more of the following: Average Manufacture Price (AMP), Best Price (BP), non-Federal Average Manufacturer Price (nFAMP) and Federal Ceiling Price (FCP) PHS Price and others, as applicable.
  • Submits all approved government pricing calculations to the appropriate government agencies within the statutory reporting deadlines.
  • Communicates to 3PL, distributors, and other relevant external trading partners the annual FSS price and quarterly 340B price.
  • Completes other State Pharmaceutical Assistance Program and Supplemental Program filings within the allotted time.
  • Maintains and updates all applicable SOP's, SOX documentation and price calculation methodologies, including bona fide service fee assessments.
  • Identifies and resolves compliance issues, questions, or pricing requests received from internal stakeholders, customers, government regulatory agencies, etc.
  • Works on government pricing related projects.
  • Provides proactive and reactive analytics and insights that help improve forecasting, contracting decisions, pricing decisions and timing, working collaboratively with other key stakeholders to provide Government Pricing impact analysis and evaluate the overall profitability to the organization.
  • Manages third party vendors involved in the government pricing process.
  • Oversees the rebate payment process for all government rebates, including but not limited to Medicaid, SPAP, Tricare, and MDP/Coverage Gap rebates.
  • Provides input and analysis on proposed and new Government Regulations including the development and maintenance of state specific tracking of state price transparency reporting requirements and the submission of accurate and timely reporting.
  • Ensures all activities are consistent with all regulations, laws, and company compliance policies.

Benefits

  • Medical, dental and vision benefits.
  • Parental leave.
  • 401K match.
  • Generous time off plan including two company shutdowns; the week of July 4th and the last week in December.
  • Competitive salary range of $152,000 - $175,000.

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Industry

Merchant Wholesalers, Nondurable Goods

Education Level

Bachelor's degree

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