SmithRx · 6 hours ago
Formulary Management Pharmacist
United States
Full-time
Remote
Entry, Mid Level
2+ years exp
Maximize your interview chancesHealth CareInformation Technology
Insider Connection @SmithRx
Get 3x more responses when you reach out via email instead of LinkedIn.
Responsibilities
Develop clinically sound utilization management tools to support low-net-cost formularies.
Strategize and implement client-specific formulary and utilization management solutions.
Maintain and ensure accuracy of drug formularies across platforms through quality assurance and testing.
Conduct clinical and financial reviews of new drug products and formulary strategies, considering rebate compliance, market trends, and clinical guidelines.
Analyze drugs and drug classes to recommend formulary positioning and cost-effective strategies.
Analyze claims data to identify trends, cost savings opportunities, and areas for intervention.
Provide data-driven insights to enhance formulary strategies and optimize healthcare costs.
Support the evaluation of pipeline drugs and their potential formulary impact.
Coordinate activities for Pharmacy & Therapeutics (P&T) committees, including drug reviews and formulary updates.
Serve as a clinical and formulary expert for internal teams and external partners.
Develop and update clinical marketing materials and formulary communications for various audiences.
Work closely with operations and implementation teams to execute client needs and program requirements.
Qualification
Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.
Required
PharmD degree required.
Minimum of 2 years in managed care/PBM with formulary management/operational experience, or completion of a residency in managed care.
Demonstrated expertise in managed care and pharmacy benefit management practices, including utilization management or clinical programs.
Proficiency in First DataBank and/or Medispan drug file systems.
Advanced skills in MS Office applications, particularly Access and Excel.
Strong project and program management skills, with the ability to prioritize and manage multiple tasks in a dynamic environment.
Critical thinking, analytical problem-solving, and independent judgment.
Comprehensive clinical knowledge of therapeutic drug use and formulary practices.
Excellent interpersonal, written, and verbal communication skills.
Ability to thrive in a demanding and constantly evolving corporate environment.
Benefits
Highly competitive wellness benefits including Medical, Pharmacy, Dental, Vision, and Life Insurance and AD&D Insurance
Flexible Spending Benefits
401(k) Retirement Savings Program
Short-term and long-term disability
Discretionary Paid Time Off
12 Paid Holidays
Wellness Benefits
Commuter Benefits
Paid Parental Leave benefits
Employee Assistance Program (EAP)
Well-stocked kitchen in office locations
Professional development and training opportunities
Company
SmithRx
SmithRx is reinventing PBMs with modern technology, client alignment, and 100% transparency.
501-1000 employees
Funding
Current Stage
Late StageTotal Funding
$104.66MKey Investors
VenrockFounders Fund
2024-01-23Series C· $60M
2022-03-10Series B· $27.16M
2021-01-03Series A
Leadership Team
Alexandra Morrison
Talent Acquisition Partner
Bryan Fowler
Partner Relationship Manager
Recent News
Business Wire
2024-12-12
Modern Healthcare
2024-12-05
Company data provided by crunchbase
