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Hospital Pricing Specialist

1 week ago

Pretoria, Gauteng, South Africa Deka Minas Pty Ltd TA Deka Minas Full time

Job Opportunity: Hospital Pricing Specialist

Deka Minas Pty Ltd T/A Deka Minas is a professional services company committed to excellence in healthcare. We are seeking an experienced Cost Accountant - Hospital Pricing Specialist to join our team.

Please note that this position is based in The Middle East; relocation, accommodation, and additional benefits apply.

The ideal candidate will have a strong background in cost accounting, pricing analysis, and a deep understanding of the healthcare industry.

Key Responsibilities:

  • Analyze and evaluate the costs associated with hospital products and services, including medical supplies, procedures, and treatments.
  • Develop and implement pricing strategies to optimize revenue generation while ensuring competitiveness in the market.
  • Conduct market research and competitive analysis to identify pricing trends and opportunities for strategic pricing adjustments.
  • Collaborate with departmental heads, finance teams, and senior management to establish pricing policies and guidelines aligned with organizational goals.
  • Monitor and review pricing performance, identifying variances and opportunities for improvement.
  • Prepare pricing proposals and recommendations for new services, expansions, and contract negotiations.
  • Maintain accurate pricing data and documentation, ensuring compliance with regulatory requirements and internal controls.
  • Provide support and guidance to cross-functional teams on pricing-related matters, including sales, marketing, and operations.
  • Stay abreast of industry trends, regulatory changes, and best practices in hospital pricing and cost accounting.

Requirements:

  • Bachelor's degree in Accounting, Finance, or a related field. Professional certification (e.g., CPA, CMA) preferred.
  • Proven experience in cost accounting and pricing analysis, with a minimum of 5 years of experience in a hospital or healthcare setting.
  • Strong analytical skills, with the ability to interpret financial data, conduct cost-benefit analysis, and develop pricing models.
  • In-depth knowledge of healthcare reimbursement methodologies, including fee-for-service, value-based pricing, and bundled payments.
  • Familiarity with hospital billing systems, electronic health records (EHR), and healthcare regulatory requirements.
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively with multidisciplinary teams.
  • Proficiency in financial analysis tools and software (e.g., Excel, SAP, ERP systems).
  • Detail-oriented with a focus on accuracy and precision in pricing calculations and analysis.
  • Ability to thrive in a fast-paced environment and manage multiple priorities simultaneously.