Pharmacy Cost Optimization Analyst

PAC; Salt Lake City (UT); On-site; USD 75,000 - 80,000; Full time

Benefits offered by this job

Health coverage

PTO & Holidays

401(k) with company contributions

Employee Assistance Plan (EAP)

Job summary

PACS is seeking a Pharmacy Cost Analyst to support cost management initiatives through detailed analysis, auditing, reporting, and execution of cost-saving strategies across facilities. This role serves as a subject matter expert and operational driver for pharmacy cost optimization.

Essential duties include performing cost analyses, tracking savings initiatives, auditing invoices, validating payer data, and supporting financial reporting.

Qualifications

• 3–5 years of experience in pharmacy operations, healthcare billing, revenue cycle, or related healthcare setting.
• Experience auditing invoices, identifying billing discrepancies, or working with financial data.
• Strong proficiency in Microsoft Excel for data analysis and reporting.

Responsibilities

• Perform pharmacy cost analysis, audits, and trend identification to support leadership.
• Track and maintain savings initiatives, credits, rebates, and audit outcomes.
• Conduct invoice and billing audits, identify discrepancies, and escalate issues.
• Support billing accuracy through payer, coding, and export file validation.
• Assist with preparation of financial reports and leadership materials.
• Maintain contract documentation and support vendor coordination.
• Support implementation of cost-saving initiatives and tools.

Skills

Microsoft Excel

Data analysis

Billing audits

Large datasets

Tools

PCC EHR

Job description

PACS is seeking a Pharmacy Cost Analyst to support cost management initiatives through detailed analysis, auditing, reporting, and execution of cost-saving strategies across facilities. This role serves as a subject matter expert and operational driver for pharmacy cost optimization.

Essential duties include performing cost analyses, tracking savings initiatives, auditing invoices, validating payer data, and supporting financial reporting.