Full Time
Professional
Washington, DC, or US Remote
About Us
ADVI Health is a leading healthcare and life sciences strategic consulting partner. We solve complicated problems with data-informed commercialization, market access, and policy expertise. Based in Washington, DC and Austin, TX, the company delivers insight- and data-informed advice and vision for leaders in healthcare business and policy. ADVI offers a comprehensive perspective by integrating business, policy, and science to find creative solutions through data, learned insight, and compelling strategy to help clients make decisions across all healthcare segments. We represent a sophisticated client base of Fortune 500 life sciences and healthcare service companies and venture and private equity-backed companies in biotechnology, diagnostics, digital health, AI, health IT, and healthcare services. ADVI is at the forefront of healthcare delivery transformation, payment reform, public and private payer coverage, and healthcare merger and acquisition deal flow within the US and abroad. For more information, visit advi.com.
ADVI experts collaborate across ADVI’s Solution teams, including Federal and State Policy, Market Access, Reimbursement, and Strategic Analytics, Value and Economics (SAVEs), to offer the right mix of services and expertise for our clients. The team is highly regarded for our problem-solving ability, speed, depth of insight, and creativity. We are a collaborative team of consultants and advisors, all of whom are veterans of top healthcare and life sciences organizations, the federal government, state government, top consultants, nonprofits, commercial payers, or data and analytics companies. Our clients gain unparalleled access to expert consulting services and actionable data analytics, all tailored to meet their unique needs. We are often called upon to translate how the changing market landscape impacts the pharmaceutical industry, medtech, digital health, managed services, providers, and consumers.
Join Us
ADVI Health is seeking a Senior Associate, Policy, Research and Analysis with a strong interest and familiarity in health policy, especially as it pertains to pharmaceutical and biotechnology issues. An ADVI Senior Associate understands the basics federal and state regulatory bodies and payers, including CMS, Medicare, Medicaid and state healthcare programs. The Senior Associate will monitor, research, and analyze policy developments in areas affecting pharmaceutical pricing, coverage and reimbursement, including Medicare Part B and D, Medicaid, the Inflation Reduction Act, 340B and Prescription Drug Affordability Boards. He/she will assist Policy team members and client account managers with retainer inquiries and standalone research projects.
The Policy Solution work spans drugs, biologics, cell and gene therapies and vaccines with product-specific issues across all therapeutic areas (e.g., oncology, diabetes, rheumatology, neurology, and rare and ultra-rare diseases). As part of that work, the team takes a deep dive in payer policy and payment, including Medicare and Medicare Advantage, Medicaid, state health policy, Exchanges, employer plan policy issues, and commercial payers (e.g., white bagging copay accumulators and maximizers and utilization management concerns).
At ADVI, the Policy Solution complements the team’s know-how with an advisor network of operators, industry professionals, payers, policymakers and clinicians to provide highly specialized advice and counsel to our clients. The team also works cross-functionally with other Solutions such as ADVI’s Strategic Analytics and Value Economics (ADVI SAVEs) team to provide quantitative support with top of the industry data from Medicare and Medicaid, including managed care, as well as COVID-specific and chronic disease data. The Policy Solution provides mock CBO scores, rulemaking rate setting analysis and other claims-based analyses. ADVI team members work seamlessly with one another to answer ADVI’s clients’ most pressing business needs.
Key Responsibilities
- Provides subject matter expertise in the markets and policies/legislation/regulations relevant to ADVI’s clients
- Creates client-ready or nearly-client ready content and deliverables from assigned tasks
- Researches and analyzes policy developments in various areas, including pharmaceutical pricing, coverage and reimbursement across Medicare and Medicaid, the Inflation Reduction Act, Prescription Drug Affordability Boards, 340B, etc.
- Analyzes industry reports, publications, policy proposals, legislation, and regulations to develop subject matter expertise within industry trends and market changes
- Staffs ongoing retainer relationships: field research requests and lead the development of first draft deliverables to address inquiries
- Assists project managers on standalone research projects/project-based accounts (e.g., clinical asset reviews, fiscal analyses of policy changes, coverage and reimbursement assessments)
- Collaborates with the policy team to develop same-day summaries of notable policy developments (e.g., major HHS rules)
- Attends and reports on government healthcare and life sciences meetings to enhance ADVI’s expertise across Solution areas
- Manages client and internal meetings (schedule, develop agenda, take notes, etc.)
- Ensures ADVI staff aware of client touchpoints
- Escalates client relationship issues to the client account lead
- Mentors Associates
- Other responsibilities, as assigned
Competencies
- Strong communication skills, oral, and written, including the ability to explain complicated concepts in simplified terms to stakeholders within and outside of ADVI
- An understanding of federal and state regulatory bodies and government payers including CMS (i.e., Medicare Parts A, B, D, and Medicare Advantage), Medicaid (i.e., Medicaid FFS and Medicaid health plans), 340B, and state healthcare programs from coursework or actual experience. An understanding or interest in pharmaceuticals / pharmaceutical policy is required
- Course or real-world experience analyzing federal and or state policy proposals, legislation, and/or regulation and conveying findings to clients or other stakeholders. Experience with pharmaceutical policy preferred
- Ability to understand and convey data results, including synthesizing analytical results for a non-analytical focused audience
- Anticipates and addresses project needs, effectively thinking through client objectives during research and deliverable creation
- Works independently to deliver high quality, complex research within expected timelines
- Strong ability to multitask and prioritize work streams effectively under deadline
- Action-oriented, forward-looking, and strategic with strong sense of urgency and initiative to get things done by influencing others and building relationships in a team-oriented, collaborative atmosphere
- Creates client ready or nearly-client ready deliverables clearly communicating complex research findings
Skills
- Strong attention to detail
- Strong verbal and written communication skills
- Ability to communicate complicated concepts in a clear, concise and simple manner
- Ability to find creative solutions to client challenges
- Flexibility and adaptability to changing project needs and environments
- Strong familiarity with pharmaceutical/device/diagnostic/biotech manufacturers structures, cultures, and processes
- Ability to multi-task and prioritize work stream effectively under deadlines
- Proactive about anticipating possible roadblocks, time delays, resource constraints etc. and factoring into ability to meet deadlines.
- Strong sense of urgency and accountability
- Advance Microsoft Office skills – PowerPoint, Excel and Word
Education
- College degree. Advanced degree may be substituted for work experience
Experience
- At least 3-5 years of experience which could include employment by a pharmaceutical or biotechnology company, consulting firm, relevant trade group or advocacy organization; industry experience is preferred
Location
Candidates can be based anywhere in the U.S., with a preference for those operating in the Eastern or Central Standard Time Zone. Candidates based in Washington, DC or Austin, TX, will have the option of hybrid work arrangements.
Compensation and Benefits
The salary range is $80k – $100k with up to 10% bonus potential, depending on experience and qualifications. Exceptionally qualified candidates will be evaluated according to experience levels. Please include your salary requirements with your application if they exceed the posted range. ADVI offers an outstanding benefits package, including the following:
- Medical, dental, and vision
- Paid holidays, including one ADVI Anniversary Day per calendar year
- 401(k) retirement contribution match with immediate vesting
- Health Reimbursement Account
- Life and short-term and long-term disability insurance; and
- Paid vacation and sick leave
Diversity Statement
ADVI’s commitment to diversity, equity, inclusion, and collaboration is key to building extraordinary teams. We hire people with exceptional talents, abilities, and potential, then build an environment where you can become the best version of yourself.
Our Vision
To be the leading, go-to-market partner of choice for life sciences innovators worldwide.
Our Mission
To help our clients advance patient access, accelerate time to reimbursement, and achieve optimal business results by providing data-informed strategy and access solutions that create opportunity, generate evidence, optimize strategy, and fund growth.
Our Values
- Act with integrity
- Strive for excellence
- Stay curious
- Make an impact
- Invest in our community
- Have fun!
We look forward to hearing from you.