Business Development Manager- Pricing and Revenue Optimization
4 weeks ago
Pricing Manager Job Description
The Pricing Manager at CARE Hospitals, Quality CARE India Limited, will play a crucial role in developing and implementing pricing strategies that optimize revenue while maintaining affordability for patients. This position requires collaboration with clinical and administrative departments to ensure compliance with regulatory requirements and market trends.
Key Responsibilities:
Develop and implement pricing strategies for hospital services, ensuring alignment with market trends and regulatory standards.
Conduct market analysis to assess pricing competitiveness and recommend adjustments based on findings.
Collaborate with clinical staff to understand service costs and support value-based pricing initiatives.
Prepare and present pricing proposals to senior management and relevant stakeholders.
Monitor and analyze financial performance and revenue cycle metrics related to pricing.
Ensure compliance with federal and state regulations regarding pricing and billing practices.
Lead pricing review meetings and maintain comprehensive documentation of pricing decisions.
Train and support staff on pricing policies and procedures, promoting a culture of compliance and efficiency.
Stay updated on industry trends, regulatory changes, and best practices in hospital pricing.
Qualifications:
Bachelor's degree in Finance, Business Administration, Healthcare Administration, or a related field; Master's degree preferred.
5+ years of experience in healthcare pricing, revenue cycle management, or financial analysis.
Strong analytical skills and proficiency in data analysis tools.
Excellent communication and interpersonal skills.
Knowledge of healthcare regulations and reimbursement methodologies.
Experience with pricing software and hospital information systems.
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