Pharmacy Analyst
Brentwood, TN - USA
Job Summary
Summary:
The Pharmacy Operations Analyst is responsible for developing and delivering analytics to support healthcare providers optimize pharmacy supply chain spending improve GPO contract performance and identify cost savings opportunities. This role reports to the Director Pharmacy Analytics.
The Pharmacy Operations Analyst collaborates with pharmacy operations sourcing and member stakeholders to analyze purchasing utilization inventory and pricing data and deliver actionable insights that support operational clinical and financial decision-making. The role ensures analytics are accurate relevant and aligned with organizational and member value objectives.
Duties and Responsibilities:
- Analyze pharmacy purchasing utilization inventory and pricing data to identify savings and optimization opportunities.
- Monitor and evaluate contract utilization compliance and pricing performance.
- Deliver recurring and ad hoc analytics and reporting for internal and external stakeholders
- Develop benchmarks and comparative analyses using member and market data.
- Assist with savings tracking opportunity assessments and reporting across member organizations.
- Create and maintain data files crosswalks and other supporting data assets used in reporting and analytics processes.
- Compile validate and transform data from multiple sources into accurate reportable and actionable information.
- Support inventory optimization initiatives through analysis of inventory levels turnover days on hand min/max settings and product utilization.
- Collaborate with internal technology and data teams to improve data quality automation reporting efficiency and accessibility.
- Leverage SQL Power BI Excel and other analytical tools to develop scalable reporting solutions.
- Support sourcing teams with analytics for supplier evaluations negotiations RFPs and member opportunity assessments.
- Translate analytical findings into clear actionable recommendations that support business decision-making.
- Maintain data integrity through adherence to established data standards and governance practices.
- Safeguard protected health information (PHI) in accordance with HIPAA requirements.
- Perform other duties as assigned.
Work Experience Education and Certifications:
- Bachelors degree preferred in Business Analytics Finance Healthcare Administration Pharmacy Supply Chain Information Systems or a related field.
- 2-5 years of experience in analytics healthcare operations pharmacy operations supply chain or related business environments.
- Experience working with healthcare pharmacy purchasing inventory or supply chain data preferred.
- Equivalent combinations of education and relevant experience may be considered.
Knowledge Skills and Abilities:
- Understanding of healthcare and pharmacy operations preferred.
- Strong analytical and problem-solving skills.
- Ability to organize manage and maintain large data sets from multiple sources.
- Attention to detail and commitment to data accuracy.
- Proficiency with Microsoft Excel and other Microsoft Office applications.
- Experience with Power BI Tableau or similar reporting tools preferred.
- Experience writing SQL queries or working with relational databases preferred.
- Strong communication skills with the ability to convey analytical findings to technical and non-technical audiences.
- Customer service mindset and commitment to supporting internal and external stakeholders.
- Ability to develop a working knowledge of healthcare supply chain GPO contracting and pharmacy purchasing concepts.
- Experience with automation AI-enabled tools or process improvement initiatives preferred.
The base compensation range for this position is:
$58538.67 - $81954.13
Compensation ranges could be hourly or salary depending upon the exempt status of the posted position.
Beginning compensation is determined based on objective factors such as location qualifications skills certifications and experience. Typically a candidate is hired in the lower to midpoint of the range; the top end of the range is reserved for candidates with extensive specialized experience and mastery within the role. Compensation may increase over time based on performance experience and tenure.
Compensation is only part of Ovations total compensation package. Some additional benefits offered to full-time associates are:
- Comprehensive health and wellness benefits such as medical dental vision life insurance short and long-term disability coverage
- HSA with employer contributions flexible spending accounts for health care and dependent care accounts
- Wellness platform with premium incentives
- Employee assistance support and additional voluntary supplemental plans including accident critical illness hospital indemnity and child disability insurance
- Robust and flexible paid time off offerings and company paid holidays
- 401(k) plan with discretionary employer match opportunities
- Professional development opportunities
- Company issued equipment
Required Experience:
IC
About Company
We support independent hospitals and health systems by providing scale and efficiency to operations, so you can focus on your patients and community.