Senior Manager, Pricing & Revenue Management (Lifemark)

at  Shoppers Drug Mart Pharmaprix

Referred applicants must not apply directly to this role. All referred applicants must use their unique referral link generated when they are referred by an existing colleague.

OVERVIEW

Lifemark Health Group began over 20 years ago and is currently in a period of significant expansion. Born and bred in Canada, Lifemark has over 5,000 employees and provides services in over 300 physiotherapy clinics in 9 provinces. Lifemark is also a leading provider of Medical Assessments performing independent medical assessments across Canada under the Viewpoint and AssessMed brands.
Our fast-growing company is looking for a keen and astute professional to join our team. The incumbent will be responsible for ensuring timely and accurate revenue recognition and reporting and broadening the analytical capability to optimize productivity and profitability.

SKILLS/QUALIFICATIONS

• Bachelor’s degree in finance or commerce, and/or demonstrated practical experience within this domain
• CFA or CPA designation is a very strong asset
• Excellent analytical, written and verbal communication, customer service and organizational skills in order to be effective in this position.
• Strong team leader with a track record to solve complex problems and orient the team to achieve common objectives.
• Experience in handling healthcare and reimbursement data an asset
• An attention to detail, exceptional Excel, data manipulation and reporting skills and the ability to meet deadlines are all important aspects
• Organizational knowledge is an asset

KEY RESPONSIBILITIES

• Inform RFP decisions through financial modeling to optimize pricing and service offering
• Review contracts to identify and analyze opportunities to negotiate based on costing model and competitive market rates
• Analyze price code setup and utilization to optimize reimbursement
• Provide support on margin improvement opportunities on COGs ie admin fee strategy, app fees
• Conduct competitive pricing scan to capture revenue opportunities and manage risks
• Manage the implementation of pricing changes and perform post audits
• Analyze and recommend process improvements to drive billing efficiency, accuracy, and consistency
• Work closely with different levels of operational leadership to develop action plans that captures revenue opportunities
• Partner with internal payor team to optimize opportunities and reimbursement as appropriate
• Develop reporting capabilities to track and share KPIs with appropriate stakeholders, including analytics on productivity on revenue generating staff on fixed wages

TYPE OF ROLE:

Temporary with Benefits (Fixed Term)
Shoppers Drug Mart Inc. recognizes Canada’s diversity as a source of national pride and strength. We have made it a priority to reflect our nation’s evolving diversity in the products we sell, the people we hire, and the culture we create in our organization. Accommodation is available upon request for applicants with disabilities in the recruitment and assessment process and when hired.
In addition, we believe that compliance with laws is about doing the right thing. Upholding the law is part of our Code of Conduct – it reinforces what our customers and stakeholders expect of us.