Rebate Operations Analyst

Sorry, this job was removed at 09:50 a.m. (CST) on Wednesday, Feb 12, 2025
Be an Early Applicant
San Diego, CA
In-Office
72K-120K Annually
Healthtech • Pharmaceutical
The Role

Exemption Status:United States of America (Exempt)

$71,614 - $95,784 - $119,953

“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

This position is responsible for all drug rebate activities, both financial and operational.  This includes the processing of quarterly rebate invoices, preparing and delivering monthly and quarterly rebate reports and working through dispute resolution process with manufacturers.

Essential Duties and Responsibilities include the following. Other duties may be assigned.

  • Analyzes disputed data and works with drug manufacturers to fairly and accurately resolve disputes.
  • Assists clients with Pharmacy audits providing requested information and support.
  • Assisting with payment posting, collections, and maintaining all client service agreements.
  • Executes billing processing for over 800 manufacturers per program; performs quality assurance activities and corrects any errors prior and post invoice generation within timelines required under contract.
  • Invoicing practices, including pre-invoicing review for fee for service, managed care, diabetic supply and supplemental rebate programs.
  • Review drug rebate claims for errors that will impact invoicing.
  • Performs provider audits in order to verify product and quantity dispensed.
  • Sends out past due notices to drug manufacturers.
  • Main point of contact for State for all rebate programs.
  • Performs monthly and quarterly financial reconciliation with the State.
  • Fulfills client requests for reporting, invoicing and any other rebate related needs.
  • Attends meetings and conference calls as needed.

Education and/or Experience

For consideration, candidates will need a Bachelor’s degree from a four-year college or university; and 5+ years of directly related experience or equivalent combination of job related experience and education; Prior background should include at least 2+ years in rebate experience; Prior experience is required in rebate billing, accounting, finance or contract management.

Computer Skills

To perform this job successfully, an individual must be competent with Microsoft Word, Excel, and Outlook software. The individual is expected to develop competence with MedInvoice rebate system or other business intelligence software, as well as with proprietary systems/databases used by MedImpact.

Other Skills and Abilities

Possess excellent communication skills (both verbal and written), analytical and/or financial reasoning skills. Familiar with service contracts and contract interpretation. Strong knowledge of pharmacy services with an emphasis on the managed health care environment.

The Perks:

  • Medical / Dental / Vision / Wellness Programs
  • Paid Time Off / Company Paid Holidays
  • Incentive Compensation
  • 401K with Company match
  • Life and Disability Insurance
  • Tuition Reimbursement
  • Employee Referral Bonus

To explore all that MedImpact has to offer, and the greatness you can bring to our teams, please submit your resume to www.medimpact.com/careers

MedImpact, is a privately-held pharmacy benefit manager (PBM) headquartered in San Diego,
California. Our solutions and services positively influence healthcare outcomes and expenditures, improving the position of our clients in the market. MedImpact offers high-value solutions to payers, providers and consumers of healthcare in the U.S. and foreign markets.

Equal Opportunity Employer, Male/Female/Disabilities/VeteransOSHA/ADA:

To perform this job successfully, the successful candidate must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Disclaimer:

The above
statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.

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The Company
San Diego, CA
1,400 Employees
Year Founded: 1989

What We Do

MedImpact, an independent, trend-focused pharmacy benefit manager (PBM), is the nation’s largest privately held PBM, serving health plans, self-funded employers and government entities. Our business model is unique. We focus on effectively managing client pharmacy benefits to promote Lower Cost and Better Care through One Source. Our model aligns us with our clients. We help promote prescribing of lower-net-cost, medically appropriate drugs with fulfillment at the most appropriate participating pharmacy providing competitive pricing, good value and high-quality service.

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