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Chargeback Analyst

Monster
 
 
 
 

Job Summary

Company
Takeda
Location
Deerfield, IL
Industries
Other/Not Classified
Job Type
Full Time
Employee
Career Level
Experienced (Non-Manager)
Job Reference Code
4314_R0003575

Chargeback Analyst

About the Job

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Job Description

Are you looking for a patient-focused company that will inspire you and support your career?  If so, be empowered to take charge of your future at Takeda.  Join us as a Chargeback Analyst in our Deerfield, IL office. 

Here, everyone matters and you will be a vital contributor to our inspiring, bold mission.  As  Chargeback Analyst working on the Pricing Contract Administration team, you will be empowered and a typical day will include:

The Chargeback Analyst provides an extensive level of analytical and independent decision making support and to the Specialty Contracting Team, Government Pricing and Reporting Team and Planning and Analysis Team with an emphasis on contract and chargeback administration (ensuring the accuracy and integrity of all chargeback transactions, (which represents nearly $500 million annually), analysis, and reporting for all Takeda products.  Key responsibilities for this position include membership compliance with all government contracted entities (VA, DoD and PHS), GPOs and Specialty contracted entities.  The validation and calculation of daily chargeback transactions (Specialty and General Medicines), monthly/quarterly GPO Administration Fees (AF) payments, accurate and timely contract maintenance, and providing quarterly or monthly reports to various internal and external customers.  This position is also responsible for performing analysis related to Takeda’s business in the government contracting and specialty channels.  This position requires a general understanding of Wholesaler (General Medicine) distribution and Specialty Distributor contracting and processes. 

Accountabilities:

  • Provides detailed analytical support by identifying and documenting anomalies and trends to ensure (Specialty, Group Purchasing Organization, Veteran’s Administration, Public Health Service and Wholesaler) membership compliance and chargeback payment accuracy to the Government Pricing and Reporting, Planning & Analysis, Finance and Contracts and Pricing Management Teams.
  • Ensures timely and accurate wholesaler notification regarding contract terms for accurate customer billing. This includes sending non electronic Bid Awards daily to wholesalers.
  • Manage the timely processing of all daily chargeback transactions (including resubmitted claims) through Takeda’s contract management system to minimize deductions.  Must analyze and validate all submitted chargeback lines to ensure contract terms (price and membership eligibility) are met.
  • Identify ineligible chargebacks and clearly and concisely communicate chargeback denials and Takeda’s policy to wholesaler trading partners when submitting final payment/denials. Work with wholesalers on the reconciliation of the disputed claims; identify root cause of issues and implement corrective action to eliminate future occurrences and reduce the chargeback deduction balance.
  • Partner with Accounts Receivable department to identify and analyze chargeback deductions and work directly with wholesaler trading partners to reconcile and resolve all outstanding deductions/accounts receivables.
  • Ensure contract membership eligibility requirements are met per terms of contract.  Allowing ineligible members (based on class of trade) to participate in group purchasing contracts could violate fair trade practices and possible violation of Best Price.
  • Review, evaluate and respond to all chargeback e-mail inbox resubmissions on a daily basis as required by the Wholesaler Service Agreement.  These e-mails include chargeback resubmissions, membership eligibility questions and other miscellaneous queries requiring additional detailed analysis and follow-up.
  • Interface with Channel Strategy and Emerging Technology Managers and Corporate Account Directors on relevant chargeback and membership issues.
  • Execution of specialty contract strategies. This includes contract set-up in contract management system, membership maintenance and Specialty Distributor communication. Accuracy is imperative to ensure providers are able to secure product and pricing timely. 
  • Serve as the point person for all incoming 340B Repayment Letters.  Each letter must be examined on a case-by-case basis.  Requires direct communications with customer facilities, pricing research and reconciliation to facility historic price positions.
  • Perform monthly and quarterly 340B membership analysis and reconciliation from the Office of Pharmacy Affairs website to the Takeda contract management system to ensure all eligible members are active in our system (40K+ members).  Analysis/reconciliation is imperative to ensure the accuracy and integrity of chargeback discounts, which can affect Best Price calculations. 

Education and Experience: 

  • 3 years business experience

Desired:

  • Bachelor’s degree
  • Experience working in Model N (Revitas CARS)
  • Previous contracting, managed markets, legal or financial experience

WHAT TAKEDA CAN OFFER YOU:

  • 401(k) with company match and Annual Retirement Contribution Plan
  • Tuition reimbursement
  • Company match of charitable contributions
  • Health & Wellness programs including onsite flu shots and health screenings
  • Generous time off for vacation and the option to purchase additional vacation days
  • Community Outreach Programs

Empowering Our People to Shine

Learn more at takedajobs.com.

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Locations

Deerfield, IL

Worker Type

Employee

Worker Sub-Type

Regular

Time Type

Full time
 

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