Quest Diagnostics

Sr. Pricing Infrastructure Manager

Quest Diagnostics$120K — $160K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years in pricing, managed care, financial analysis, billing, product management, business development, or operations roles in medium to large-size companies.
  • BS degree in finance, accounting, or business.
  • Intermediate MS Office skills, especially in Access and Excel.
  • Demonstrated financial acumen and understanding of financial management principles.
  • Ability to critically analyze situations and create actionable insights.

Responsibilities

  • Develop plans to execute across the Quest infrastructure from The Pricing Plan of Record.
  • Partner with field finance to obtain voice of the customer on pricing initiatives.
  • Collaborate with IT to understand system capabilities and execute necessary changes.
  • Work with cross-functional teams to drive strategic pricing initiatives.
  • Stay updated on Medical Regulatory Affairs and pricing implications.
  • Analyze data to evaluate and prioritize pricing opportunities.
  • Use market intelligence in pricing decision-making.

Benefits

  • Day 1 Medical, supplemental health, dental & vision for full-time employees.
  • Best-in-class well-being programs.
  • Annual Blueprint for Wellness health assessments at no cost.
  • HealthyMINDS mental health program.
  • Generous vacation and health/flex time.
Full Job Description
Pay Range: $120,000 - $160,000 / year

Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications obtained. Market and organizational factors are also considered. Successful candidates may be eligible to receive annual performance bonus compensation.

Benefits Information:

We are proud to offer best-in-class benefits and programs to support employees and their families in living healthy, happy lives. Our pay and benefit plans have been designed to promote employee health in all respects - physical, financial, and developmental. Depending on whether it is a part-time or full-time position, some of the benefits offered may include:
• Day 1 Medical, supplemental health, dental & vision for FT employees who work 30+ hours
• Best-in-class well-being programs
• Annual, no-cost health assessment program Blueprint for Wellness®
• healthyMINDS mental health program
• Vacation and Health/Flex Time
• 6 Holidays plus 1 "MyDay" off
• FinFit financial coaching and services
• 401(k) pre-tax and/or Roth IRA with company match up to 5% after 12 months of service
• Employee stock purchase plan
• Life and disability insurance, plus buy-up option
• Flexible Spending Accounts
• Annual incentive plans
• Matching gifts program
• Education assistance through MyQuest for Education
• Career advancement opportunities
• and so much more!

Responsible for ongoing development, management, implementation and execution of a portfolio of infrastructure initiatives supporting the Pricing Plan of Record. The role will be the primary lead for all QBS systems implementation and supported decentralized systems, regardless of reporting relationship of said systems. Responsibilities will also include coordination and communications with other areas of Strategic Pricing and Finance.

Responsibilities

  • Develop plans to execute across the Quest infrastructure from The Pricing Plan of Record
  • Partner with field finance to obtain VOC on proposed pricing initiatives
  • Work with IT partners to understand current systems capabilities. Execute systems changes as needed to support The Pricing Plan of Record
  • Collaborates with strategic pricing, clinical franchise, business development and field finance to formulate and drive strategic pricing initiatives
  • Keeps abreast of Medical Regulatory Affairs changes and implications on pricing
  • Collects and analyzes data to evaluate and prioritize existing and potential opportunities
  • Utilizes market and competitive intelligence in price planning and decision making

Additional Duties (dependent on area of focus)

QBS Systems Execution:
  • Manage the daily responsibilities related to QBS systems maintenance to include SOP's, process, QBS systems files, fee schedules, load files, mailboxes and audit documentation
  • Work with decentralized systems to execute corporate driven pricing initiatives
  • Identify and execute process improvements within area of responsibility, incorporate AI and automation when possible
  • Partner with strategic pricing and the clinical franchise teams to understand requirements and build systems and plans to ensure a successful execution


Batch Process Tool and BOT:
  • Manage the regular maintenance
  • Document and manage all SOP's related to changes to the business rules
  • Complete training of tools for new users. Identify areas where retraining will help finance and commercial. Execute those training sessions and measure improvement
  • Continue automation and AI integrations


Pre-Conversions and Conversions:
  • Manage the entire pre-conversion process for QBS locations in partnership with the EPIC conversion team
  • Manage changes needed to the pricing tool to improve process, functionality or performance
  • Document status of conversion and hand off items for either the conversion team or commercial. i.e. mapping, problems, etc.


Project Execution:
  • Execute revenue generating projects companywide in support of the Pricing Plan of Record
  • Coordinate communication of price changes as needed with commercial partners
  • Identify and execute process improvements on annual projects
  • Support pricing leadership with adhoc analytical request


Qualifications

Job Experience:
  • 7+ years in a combination of pricing, managed care, financial analysis, billing, product management, business development or operations roles in medium to large-size companies
  • Intermediate level - MS Office Suite with a demonstrated proficiency in Access and Excel


Education:
  • BS degree in finance, accounting or business


Skills and Behaviors Critical for Success in the Role:
  • Financial Acumen - exhibits in-depth knowledge of financial terminology, standards, principles and practices and how they interrelate. Applies a broad understanding of financial management framework to ensure sound decision-making
  • Critical Thinking - understands the issues related to the decision-making process; ability to analyze situations fully and accurately - from multiple points of view - to reach productive decisions. Demonstrates intellectual curiosity and ability to analyze, synthesize, and identify insights to drive timely action
  • Framing & Influencing- the ability to gain others' support for ideas, proposals, projects and solutions through logical argument, appeal to others' interests, and a variety of other indirect strategies
  • Preferred - Knowledge of healthcare or laboratory specific industry complexities (third party payers, government payers, CPT coding, reimbursement, denials and billing environment)


About the Team

Quest Diagnostics honors our service members and encourages veterans to apply.

While we appreciate and value our staffing partners, we do not accept unsolicited resumes from agencies. Quest will not be responsible for paying agency fees for any individual as to whom an agency has sent an unsolicited resume.

About Quest Diagnostics

Celera is a healthcare business that uses knowledge of human variability to provide new tests and services to personalize disease management. Their Products business develops and manufactures molecular diagnostic products that are used by hospitals and other clinical laboratories to detect, characterize, monitor and select treatment for disease. They have a distribution agreement with Abbott, through which they develop and commercialize a wide range of molecular diagnostic products, with Abbott serving as the distribution partner.

Quest Diagnostics Careers

Joining Quest Diagnostics means becoming part of a team committed to everyday excellence and innovation in health. As a leading provider of diagnostic insights, Quest Diagnostics offers unparalleled job opportunities in the medical and scientific sectors, making it an ideal place for professionals seeking growth and development in their careers.

Work You’ll Do

At Quest Diagnostics, you will contribute to a culture that values integrity and accountability, where your work significantly impacts patient health and community well-being. Our diverse team of professionals leverages cutting-edge technology and data to lead advancements in diagnostics and healthcare solutions.

Explore Career Opportunities

Whether you're looking for a position in the lab, a leadership role, or a support function, Quest Diagnostics provides a breadth of opportunities. Our commitment to professional growth includes robust training programs and opportunities for advancement, ensuring that every employee can thrive professionally.

Innovate with Us

Join a team where innovation is at the heart of what we do. At Quest Diagnostics, your skills in science, technology, and beyond can help drive transformation in healthcare services. Our collaborative environment encourages creativity and out-of-the-box thinking to improve patient outcomes and streamline processes.

Internship and Employment Opportunities

Start your career path with Quest Diagnostics through our internship programs or full-time employment opportunities. We are committed to hiring talented individuals who are passionate about building a rewarding career in healthcare. Our internships provide a solid foundation in industry-specific skills and networking opportunities, setting the stage for a successful career.

Benefits and Culture

Quest Diagnostics is dedicated to fostering a workplace where diversity and inclusion are embedded in our DNA. From competitive benefits and wellness programs to diversity training and flexible work arrangements, we ensure our employees have what they need to succeed both professionally and personally.

Leadership and Development

We believe in nurturing leadership skills at every level of the organization. Quest Diagnostics offers various leadership programs designed to help you grow as an influential professional. With continuous learning and development, you can expand your expertise and take on new challenges.

Join Our Team

Search open positions that match your skills and interests. At Quest Diagnostics, we look for driven, curious, and innovative team players who are ready to make a difference. Explore the many facets of our business, from scientific research to client services, and find where you can make your mark.

Stay Connected

Keep up to date with career tips, industry insights, and the latest innovations at Quest Diagnostics. Our careers blog offers valuable information to help you navigate your professional journey effectively.

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Customize your subscription to receive job alerts and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities waiting for you at Quest Diagnostics. At Quest Diagnostics, every role has an impact. Embark on your career journey with us and transform the landscape of healthcare through the power of insight.
Learn more about Quest Diagnostics
Size
40,000 employees
Market Cap
$17.8 billion
Industry
Net Income
$1.4 billion
Founded
1959
5 Year Trend
+7.5%
Revenue
$9.4 billion
NASDAQ

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