Pharmacy Purchasing Analyst

Role Overview

• Partner with Pharmacy Operations, Purchasing, Payer Relations, Finance, and IT teams to develop data-driven solutions that improve drug purchasing performance, optimize payer reimbursement outcomes, and support strategic decision-making across the organization
• Collect, analyze, interpret, and present complex pharmacy, claims, purchasing, and financial data
• Design reporting frameworks, identify opportunities for cost savings and margin improvement, automate business processes, and support the organization's growing data science and analytics capabilities
• Design, implement, and maintain Cost of Goods Sold (COGS) and drug purchasing analyses across all pharmacy locations
• Develop and manage reporting that supports purchasing strategy, inventory optimization, and vendor performance management
• Analyze drug purchasing records for pricing discrepancies, contract compliance issues, rebate opportunities, and vendor changes
• Identify and recommend purchasing strategies to optimize performance against wholesaler and manufacturer contracts
• Create and maintain daily, monthly, quarterly, and annual payer and PBM performance reports for Payer Relations, Finance, and Operations teams
• Analyze reimbursement trends, payer contract performance, and other pharmacy reimbursement metrics
• Support payer contract negotiations by providing financial modeling, reimbursement analyses, and performance insights
• Collect, validate, cleanse, and analyze large healthcare, claims, purchasing, and operational datasets
• Develop recurring reports, scorecards, and dashboards using business intelligence tools
• Apply statistical techniques, predictive analytics, and machine learning methods to healthcare and pharmacy datasets
• Build scalable analytical solutions that support organizational growth and evolving business needs
• Collaborate with Pharmacy Operations, Purchasing, Payer Relations, Finance, and IT teams and present findings, recommendations, and business insights to stakeholders at multiple levels of the organization

Requirements

• Bachelor's degree in Data Analytics, Statistics, Mathematics, Computer Science, Information Systems, Healthcare Administration, Finance, Economics, or a related field required
• Master's degree preferred
• 3+ years of experience in healthcare, pharmacy, managed care, PBM, payer analytics, financial analytics, or related analytical environments
• Experience working with healthcare claims, pharmacy dispensing data, reimbursement data, drug purchasing data, and pharmacy financial performance metrics
• Experience performing PBM contract analytics, reimbursement modeling, payer performance analysis, and contract profitability assessments
• Experience analyzing pharmacy reimbursement methodologies, including NADAC, AWP, WAC, MAC pricing, dispensing fees, rebates, and other pharmacy pricing and reimbursement components
• Experience developing dashboards, automated reporting solutions, forecasting models, and analytical tools to support business decision-making
• Experience collaborating with business, operational, financial, and technical stakeholders
• Experience with statistical analysis, predictive modeling, and data science methodologies preferred
• Advanced proficiency in Microsoft Excel, including Power Query, PivotTables, complex formulas, and financial modeling
• Strong SQL and database management skills
• Experience with Python for data analysis, automation, statistical modeling, and machine learning
• Experience with Databricks or similar cloud-based analytics platforms
• Experience with business intelligence and visualization tools such as Tableau, Power BI, or similar platforms
• Familiarity with data science libraries and tools such as Pandas, NumPy, Scikit-learn, Jupyter Notebooks, and related technologies
• Strong understanding of pharmacy operations, drug purchasing, reimbursement methodologies, and payer/PBM contracting
• Knowledge of PBM contract structures, reimbursement formulas, generic effective rate calculations, spread pricing, audit processes, and contract performance monitoring
• Understanding of pharmacy financial metrics, including Cost of Goods Sold (COGS), Cost-to-Fill, gross margin analysis, reimbursement variance analysis, and profitability modeling
• Knowledge of pharmaceutical pricing benchmarks, including NADAC, AWP, WAC, MAC pricing, and their impact on pharmacy purchasing and reimbursement performance
• Strong analytical and problem-solving skills with exceptional attention to detail
• Ability to interpret complex datasets and translate findings into actionable business recommendations
• Excellent verbal, written, and presentation skills
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment
• Strong organizational and project management skills
• Ability to work independently and collaboratively across departments.

Tech Stack

• Cloud
• Numpy
• Pandas
• Python
• Scikit-Learn
• SQL
• Tableau

Benefits

• medical/dental/vision
• flexible spending
• company-paid life insurance and short-term disability
• voluntary benefits
• 401(k)
• Paid Time Off
• paid holidays