Manager, Pharmacy Reimbursement

Beth Israel Lahey Health

Westwood (KY)

On-site

USD 95,000 - 130,000

Full time

4 days ago
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Job summary

Beth Israel Lahey Health seeks a Manager of Pharmacy Reimbursement to lead revenue cycle operations, including billing, reimbursements, denials management and AR performance. You will optimize revenue, oversee rebates and MFP processes, and provide executive analytics to drive strategic growth.

Reporting to Pharmacy Finance, the role requires 7+ years in pharmacy/healthcare finance and 3+ years of leadership, plus strong Excel and BI capabilities.

Qualifications

  • Bachelor's degree in Finance, Accounting, Healthcare Administration, Business Administration, Pharmacy, or related field.
  • Minimum seven (7) years in pharmacy/healthcare finance, reimbursement, revenue cycle, or related disciplines.
  • Minimum three (3) years of leadership or management experience.
  • Demonstrated experience developing financial analyses and executive-level reporting.

Responsibilities

  • Lead pharmacy revenue cycle operations, including billing, charge capture, reimbursement, denials management, and accounts receivable performance.
  • Develop strategies to optimize revenue, improve collections, reduce revenue leakage, and enhance cash flow.
  • Oversee manufacturer rebate programs and Medicare Maximum Fair Price (MFP) financial processes to maximize reimbursement and financial performance.
  • Partner with Pharmacy Operations, Finance, Revenue Cycle, 340B, Compliance, and Informatics teams to support operational and growth initiatives.
  • Monitor revenue integrity, reimbursement trends, and KPIs, providing actionable insights and recommendations.
  • Develop executive-level financial reports, dashboards, forecasts, and analyses to support decision-making and strategic planning.
  • Recruit, develop, and lead revenue cycle staff while fostering a culture of accountability, service excellence, and continuous improvement.

Skills

Pharmacy reimbursement
Revenue cycle
Financial modeling
Excel
Leadership
Stakeholder mgmt
Data analytics

Education

Bachelor's degree (Finance/Accounting/Healthcare Admin/Business/Pharmacy)

Tools

Epic Willow
Beacon
Enterprise reporting tools

Job description

When you join the growing BILH team, you're not just taking a job, you’re making a difference in people’s lives. The Manager, Pharmacy Reimbursement leads reimbursement and related analytics operations for a pharmacy enterprise generating approximately $300 million in annual revenue. Reporting to the Director of Pharmacy Finance, this role is responsible for optimizing reimbursement, revenue integrity, manufacturer rebate programs, Medicare Maximum Fair Price (MFP) initiatives, and accounts receivable performance while ensuring regulatory compliance and supporting strategic growth across the pharmacy enterprise.

Job Description

Essential Responsibilities:

  • Lead pharmacy revenue cycle operations, including billing, charge capture, reimbursement, denials management, and accounts receivable performance.
  • Develop and implement strategies to optimize revenue, improve collections, reduce revenue leakage, and enhance cash flow.
  • Oversee manufacturer rebate programs and Medicare Maximum Fair Price (MFP) financial processes to maximize reimbursement and financial performance.
  • Partner with Pharmacy Operations, Finance, Revenue Cycle, 340B, Compliance, and Informatics teams to support operational and growth initiatives.
  • Monitor revenue integrity, reimbursement trends, and key performance indicators, providing actionable insights and recommendations.
  • Develop executive-level financial reports, dashboards, forecasts, and analyses to support decision-making and strategic planning.
  • Recruit, develop, and lead revenue cycle staff while fostering a culture of accountability, service excellence, and continuous improvement.
Required Qualifications
  • Education: Bachelor's degree in Finance, Accounting, Healthcare Administration, Business Administration, Pharmacy, or a related field required.
  • Experience: Minimum seven (7) years of progressive experience in pharmacy finance, healthcare finance, reimbursement, revenue cycle, revenue integrity, or related disciplines.
  • Minimum three (3) years of leadership or management experience.
  • Demonstrated experience developing financial analyses and executive-level reporting.
Knowledge, Skills, and Abilities
  • Knowledge of pharmacy reimbursement, revenue cycle management, manufacturer rebates, Medicare Part B and Part D reimbursement, and MFP methodologies.
  • Strong analytical, financial modeling, and problem-solving skills.
  • Advanced Excel, reporting, and business intelligence capabilities.
  • Strong leadership, communication, project management, and stakeholder management skills.
  • Ability to lead cross-functional initiatives and drive measurable financial results.
Preferred Qualifications
  • MBA, MHA, MS Finance, PharmD, or other relevant advanced degree.
  • Experience leading pharmacy revenue cycle functions within large health systems or pharmacy enterprises, contract pharmacy programs and manufacturer rebate programs.
  • Experience with Epic Willow, Beacon, and enterprise financial reporting tools.
Pay Range

$95,000.00 USD - $130,000.00 USD The pay range listed for this position is the annual base salary range the organization reasonably and in good faith expects to pay for this position at this time. Actual compensation is determined based on several factors, that may include seniority, education, training, relevant experience, relevant certifications, geography of work location, job responsibilities, or other applicable factors permissible by law.

As a health care organization, we have a responsibility to do everything in our power to care for and protect our patients, our colleagues and our communities. Beth Israel Lahey Health requires that all staff be vaccinated against influenza (flu) as a condition of employment. More than 35,000 people working together. Nurses, doctors, technicians, therapists, researchers, teachers and more, making a difference in patients' lives. Your skill and compassion can make us even stronger.

Equal Opportunity Employer/Veterans/Disabled At Beth Israel Lahey Health, we are driving the change in health care that Massachusetts wants and needs. Our culture promotes continuous learning, growth, innovation and a sense of belonging. We make it a priority to offer comprehensive compensation and benefits and help you achieve a healthy and balanced life. While you're busy caring for and supporting our patients, we take care of you.

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