Healthcare Pricing Analyst

Press Ganey

Healthcare Pricing Analyst

Chicago, IL
Full Time
Paid
  • Responsibilities

    Job Description

    Press Ganey stands at the forefront of healthcare analytics, empowering healthcare providers with insights to deliver outstanding patient care. With a team of 3,000 dedicated professionals, we are driven by our core values of partnership, innovation, and service, inspiring us to strive for excellence. Our commitment to advancing healthcare through innovative data solutions positions us as leaders in our field.

    This is a Hybrid role and you will be expected to be in the office Tuesday-Thursday

    Role Summary:

    The Healthcare Market and Pricing Analyst will play a critical role in shaping the pricing strategies for our healthcare software portfolio. This role requires a blend of market research expertise, competitive analysis, and pricing strategy to drive revenue growth and profitability. You will leverage your analytical skills to assess market opportunities, define go-to-market strategies, and establish effective pricing structures. This strategic role involves close collaboration with cross-functional teams, providing insights that influence both product and pricing decisions in a dynamic market environment.

    Key Responsibilities:

    • Conduct comprehensive market analysis, including market sizing (TAM, SAM, SOM), industry trend analysis, and competitive assessments to support strategic decision-making.

    • Conduct in-depth pricing analyses, standardize and set pricing structures and strategies for the healthcare software portfolio for new and existing products and services.

    • Partner with Product, Finance, and Growth teams to prioritize new product development, utilizing market research and sizing analyses to identify growth opportunities across regions, industries, and customer segments.

    • Build and maintain financial models to simulate pricing scenarios, assess market penetration strategies, and forecast revenue impacts.

    • Analyze competitive pricing practices and market positioning to refine pricing frameworks and stay ahead of industry trends.

    • Provide strategic input during product launches, pricing promotions, and go-to-market initiatives, aligning pricing strategies with broader market insights.

    • Effectively communicate complex pricing and market analysis to stakeholders at all levels, using data-driven insights to inform strategic decisions.

    • Collaborate with cross-functional teams, including Sales, Finance, and Marketing, to implement and monitor pricing strategies, ensuring alignment with business goals.

  • Qualifications

    Qualifications

    • 6+ years of experience in pricing analysis, market analysis, or a related role, including 3+ years of experience in SaaS pricing or market strategy. Experience in the healthcare industry is a plus but not required.

    • Bachelor's degree in business administration, economics, finance, marketing, mathematics, or a related field. MBA preferred but not required with relevant professional experience.

    • Proficiency in Microsoft Excel, Salesforce, Workday, PowerBI, and other analytical tools.

    • Proven ability to conduct market sizing, develop pricing strategies, and deliver measurable business results.

    • Strong analytical and problem-solving skills with a track record of influencing business decisions.

    Additional Information

    Don’t meet every single requirement? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. At Forsta we are dedicated to building a diverse, inclusive and authentic workplace, so if you’re excited about this role but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.

    Press Ganey Associates LLC is an Equal Employment Opportunity/Affirmative Action employer and well committed to a diverse workforce. We do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, veteran status, and basis of disability or any other federal, state or local protected class.

    Pay Transparency Non-Discrimination Notice – Press Ganey will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information.

    The expected base salary for this position ranges from $125,000-$140,000 . It is not typical for offers to be made at or near the top of the range. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, licensure or certifications obtained. Market and organizational factors are also considered. In addition to base salary and a competitive benefits package, successful candidates are eligible to receive a discretionary bonus or commission tied to achieved results.

    All your information will be kept confidential according to EEO guidelines.

    Our privacy policy can be found here: https://www.pressganey.com/legal-privacy/