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Director Formulary Management Jobs (NOW HIRING)

Aston Health

Director of Pharmacy Services

Tampa, FL · On-site

$117K - $155K/yr

Formulary & Therapeutic Substitution Management: Drive active management of the facility formulary. You will oversee processes for therapeutic substitutions (swapping out medications for safer, more ...

Aston Health

Director of Pharmacy Services

Tampa, FL · On-site

$140 - $200/hr

Formulary & Therapeutic Substitution Management: Drive active management of the facility formulary. You will oversee processes for therapeutic substitutions (swapping out medications for safer, more ...

GSK

Regional Sales Director - West

Los Angeles, CA · On-site

The Regional Sales Director is accountable for leading regional sales performance and launch ... Understanding of hospital decision-making processes, clinical pathways, formulary management, and ...

GSK

Regional Sales Director - Southwest

Phoenix, AZ · On-site

The Regional Sales Director is accountable for leading regional sales performance and launch ... Understanding of hospital decision-making processes, clinical pathways, formulary management, and ...

GSK

Regional Sales Director (Southeast)

Atlanta, GA · On-site

The Regional Sales Director is accountable for leading regional sales performance and launch ... Strong understanding of hospital decision-making processes, clinical pathways, formulary management ...

FOCUSPOINT

Clinical Pharmacy Manager

Nashville, TN · On-site

$169K/yr

Optimize formulary management, drug utilization, and education initiatives * Serve as a clinical consultant and liaison to healthcare providers * Step in as a leader when the Pharmacy Director is ...

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Director Formulary Management information

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$23.5K

$121.5K

$189.5K

How much do director formulary management jobs pay per year?

As of Aug 21, 2026, the average yearly pay for director formulary management in the United States is $121,522.00, according to ZipRecruiter salary data. Most workers in this role earn between $95,000.00 and $147,500.00 per year, depending on experience, location, and employer.

What is a director of formulary management?

A Director of Formulary Management is a senior healthcare professional responsible for overseeing the development, implementation, and maintenance of a drug formulary within a health plan or pharmacy benefit management (PBM) organization. This role involves managing the selection of medications covered by insurance, evaluating clinical and cost-effectiveness of drugs, and ensuring the formulary aligns with regulatory requirements and organizational goals. Directors work closely with pharmacists, physicians, and other stakeholders to optimize medication access and quality of care while controlling costs.

What are the key skills and qualifications needed to thrive as a director of formulary management?

To thrive as a Director of Formulary Management, you need deep expertise in pharmacy, pharmacoeconomics, and healthcare management, typically supported by a PharmD or similar degree and relevant work experience. Familiarity with formulary management software, drug information databases, and data analytics tools is essential, along with certifications like BCPS (Board Certified Pharmacotherapy Specialist) being advantageous. Strong leadership, negotiation skills, and the ability to collaborate across clinical and business teams are critical soft skills. These competencies are vital to ensure effective medication selection, cost control, compliance, and alignment with organizational and patient care goals.

What are some common challenges faced by a director of formulary management when balancing clinical and financial priorities?

A Director of Formulary Management often encounters the challenge of aligning clinical efficacy with cost-effectiveness when making formulary decisions. Balancing the needs of patients, providers, and payers requires collaboration with pharmacy and therapeutics committees, as well as staying current with emerging therapies and drug trends. Navigating negotiations with pharmaceutical manufacturers, managing utilization, and addressing regulatory requirements are additional complexities. Success in this role involves strong analytical skills, clear communication, and the ability to make evidence-based decisions that support both quality care and budgetary goals.

What is the difference between Director Formulary Management vs Pharmacist?

AspectDirector Formulary ManagementPharmacist
CredentialsAdvanced degree (PharmD), often with management certificationsPharmD degree, state licensure
Work EnvironmentHealthcare organizations, insurance companies, pharmacy benefit managersCommunity pharmacies, hospitals, clinics
Industry UsageStrategic formulary decisions, policy developmentDispensing medications, patient counseling

While both roles involve medication management, the Director of Formulary Management focuses on strategic formulary policies and oversight, often in administrative or managerial settings. Pharmacists primarily dispense medications and provide patient care. The roles complement each other but differ in scope and responsibilities.

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Director Formulary Management jobs near you
Infographic showing various Director Formulary Management job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 84% Full Time, 13% Part Time, and 2% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $121,522 per year, or $58.4 per hour.

Director of Pharmacy Services

Aston Health

Tampa, FL • On-site

$117K - $155K/yr

Full-time

PTO

Re-posted 6 days ago

Job description

Director of Pharmacy Services Job Overview

We are seeking a strategic and experienced Director of Pharmacy Services to oversee clinical pharmacy operations, medication management, and regulatory compliance across our nursing home facilities. In this leadership role, you will direct our overall pharmacy program, manage relationships with contracted pharmacy providers, and drive clinical cost-containment initiatives. Your focus will be on optimizing resident therapy, maintaining strict regulatory standards, and implementing effective formulary management protocols.

This position requires approximately 25% travel to our various facility locations.

Key Responsibilities

  • Strategic Pharmacy Oversight: Lead and direct the pharmacy services program across all facilities, establishing clinical standards, policies, and operational best practices.

  • Formulary & Therapeutic Substitution Management: Drive active management of the facility formulary. You will oversee processes for therapeutic substitutions (swapping out medications for safer, more cost-effective alternatives) and ensure strict alignment with preferred drug lists.

  • Cost Management & Stewardship: Direct clinical cost-containment strategies, analyze high-cost medication utilization, and establish protocols to reduce pharmacy waste and manage budgets across all locations.

  • Regulatory Compliance: Ensure all facilities remain in full compliance with CMS, state, and federal regulations regarding pharmacy services, drug storage, and controlled substances.

  • Quality Assurance & Committee Leadership: Lead Pharmacy and Therapeutics (P&T) committee meetings, analyze medication error trends, and establish corrective action plans to improve resident safety.

  • Vendor & Partner Management: Oversee performance, service level agreements, and contracts with external pharmacy vendors to ensure timely and accurate medication delivery.

  • Staff Training & Clinical Consultation: Provide expert clinical guidance to Medical Directors, Directors of Nursing (DONs), and facility administrators on complex medication regimens, safety protocols, and cost-efficient prescribing practices.

Position Requirements

  • Education: Doctor of Pharmacy (Pharm.D.) or Bachelor of Science in Pharmacy from an accredited school of pharmacy.

  • Licensure: Active, unrestricted registered pharmacist license in the state of operation.

  • Experience: Minimum of 5 years of experience in long-term care (LTC), geriatric pharmacy, or consultant pharmacy operations, with at least 2 years in a leadership or supervisory capacity.

  • Clinical Expertise: Proven track record in formulary development, therapeutic substitution protocols, and clinical cost-containment programs.

  • Certification: Board Certified Geriatric Pharmacist (BCGP) credential is highly preferred.

  • Travel: Ability and willingness to travel up to 25% of the time to conduct site visits, quality audits, and clinical reviews across regional facilities.

  • Skills: Exceptional leadership, communication, and analytical skills. Proficiency in electronic health record (EHR) systems and pharmacy billing platforms.

What We Offer

  • Competitive Director-level salary and comprehensive benefits package

  • Travel reimbursement and mileage coverage

  • Paid time off (PTO) and continuing education (CE) support


Compliance notice (Florida): This position requires background screening through the Florida Clearinghouse. For more information, visit: info.flclearinghouse.com. This URL is provided to meet state posting requirements.