Amy Albertson

Amy Albertson Email and Phone Number

Pricing and Contracting @ Avadel Pharmaceuticals PLC
Wayne, PA, US
Amy Albertson's Location
Wayne, Pennsylvania, United States, United States
About Amy Albertson

Accomplished leader with extensive experience in contracting, product launches, driving operational excellence, and strategic leadership within the pharmaceutical and biotech sectors. Proven success in cross-functional collaboration and the development of effective contracting strategies that drive profitability, with a track record of saving costs and increasing revenue. Known as a trusted advisor who excels in strategic decision-making, industry dynamics knowledge, and market access strategy expertise. Known for leadership that fosters a collaborative, accountable culture that has impactful results for patients, the organization, and customers through a strategic enterprise perspective focusing on sustainable growth.

Amy Albertson's Current Company Details
Avadel Pharmaceuticals PLC

Avadel Pharmaceuticals Plc

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Pricing and Contracting
Wayne, PA, US
Amy Albertson Work Experience Details
  • Avadel Pharmaceuticals Plc
    Pricing And Contracting
    Avadel Pharmaceuticals Plc
    Wayne, Pa, Us
  • Takeda
    Director - Contracting Strategy
    Takeda Aug 2019 - Jul 2024
    Exton, Pa
    Responsible for cross-functional initiatives to analyze complex contracting and pricing/rebate strategies. Serve as contract and pricing lead for new product launches. • Provided expertise on payer contracting, helping develop specialty pharmacies and distribution networks, managing the RFP selection process for specialty pharmacies and distributors, and developing contract templates and language to meet business needs. • Collaborate with managed markets, finance, legal, and value strategy leads on new contracting strategies. Highlight customer impacts, policy risks, and operational challenges while focusing on viable solutions, leading to a strategy redesign. • Led projects include Fair Market Value, contract term harmonization, and legal entity change.• Created and maintained policies and procedures to drive consistent and appropriate contracting practices. Incorporate legal and government pricing considerations into the practices. Communicate and train the contracts team and relevant business partners on policies to ensure compliance and limit risk. • Guide finance, legal, managed markets, and value strategy leads to assess industry behaviors, legal rulings, and government directives that may impact contractual and reporting obligations. • Streamlined the daily administrative operations to reduce analyst workload by 25% and minimize mistakes.• Led the vendor selection process for a Contract Lifecycle Management (CLM) system and was crucial in advancing the data, digital, and technology for the contracts team. Ensured the business unit had the data needed for incentive compensation. • Received the 2022 One Takeda Award.
  • Shire Pharmaceuticals
    Associate Director, Commercial Contracts
    Shire Pharmaceuticals Feb 2014 - Aug 2019
    Wayne, Pa
    Oversaw the operations of the commercial contract team in creating the market access agreements encompassing while ensuring strict adherence to government regulations and Shire's internal policies.• Guided leadership through benefit/risk analysis of complex contractual language, enabling informed decisions. • Developed an analytics strategy for accurate Gross to Net (GTN) accounting and statutory government price reporting while monitoring contract compliance. Led commercial contracting activities to ensure maximizing ROI and minimizing GTN losses. • Provided clear priorities, motivation, performance goals and assessment, and development opportunities to a team of 5-6 people.• Ensured all agreements were aligned with strategic business objectives, provided effective account management and contract administration, negotiated with external customers, and memorialized the terms and conditions within contracts.• Provided actionable and effective intelligence supporting Shire’s business units and enhanced their market access goals as defined by the department’s strategy. Used the data to identify contract non-compliance and stop revenue leakage.
  • Shire Pharmaceuticals
    Manager, Commercial Contracts
    Shire Pharmaceuticals Aug 2007 - Feb 2014
    Managed the execution of over 150 commercial/ managed care administration related processes.• Coordinated resources for on-time processing and validation of managed care and Part D rebates, and commercial and government chargebacks. Pilot for validation of rebate submission had a 200% return on investment, and the full project paid for itself in 6 months. • Led implementations and integration of systems into streamlined processes, as well as supported efforts to assist account managers and the government contracts group with a 15 % reduction in processing time and meet the needs of the increased complexity. • Ensured data integrity, transparency, and access by developing a reporting warehouse with 15 canned reports and ad hoc capabilities. • Coordinated with finance to resolve outstanding chargebacks and rebates for quarterly and annual statements.• Drafted policies and procedures, as well as SOPs, describing all contract administration processes and rebate/chargeback processing, standards, and decision trees.• Provided team guidance on goals, objectives, and periodic performance feedback and reviews. Promoted team's continued growth and expansion of both technical skills and industry knowledge.
  • Johnson & Johnson
    Sr. Information Management Lead, Managed Markets/Contracting
    Johnson & Johnson Apr 2005 - Aug 2007
    Horsham, Pa
    • Designed and executed Sarbanes-Oxley initiative targeting contract processes and implementing preventative and detective controls to ensure compliance. Identified remediation and increased rating from 1 to 4.• Led cross-functional project team for system design and implementation of a physician-contracting program, resulting in the growth of over 2,000 contracts with 5,000 physicians under contract in less than two months. • Managed delivery of financial analytics, using Cognos, for physician contracting, reducing the manual effort to build reports, allowing more accurate and meaningful analytics to evaluate contracts to determine strategies.• Implemented and maintained Electronic Claims Processing (third-party tool) to automate the loading of managed care health plan data into the CARS/IS system, resulting in a 60% reduction of manual effort required to build reports.

Amy Albertson Education Details

Frequently Asked Questions about Amy Albertson

What company does Amy Albertson work for?

Amy Albertson works for Avadel Pharmaceuticals Plc

What is Amy Albertson's role at the current company?

Amy Albertson's current role is Pricing and Contracting.

What schools did Amy Albertson attend?

Amy Albertson attended Seton Hall University School Of Law, Anthem Institute-Springfield, Temple University.

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