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Entry Level Formulary Management Pharmacist Jobs in Silver Spring, MD

Formulary Management Pharmacist

Arlington, VA ยท On-site

$67 - $80.75/hr

Formulary Management Pharmacist - Influence Therapy Access at Scale | Hybrid/Remote Friendly Shape which medications patients can access by evaluating new drugs, analyzing clinical and economic data ...

Formulary Management Pharmacist

Baltimore, MD ยท On-site

$58 - $69.50/hr

Formulary Management Pharmacist - Influence Therapy Access at Scale | Hybrid/Remote Friendly Shape which medications patients can access by evaluating new drugs, analyzing clinical and economic data ...

Responsible for managing the selection and utilization of pharmaceuticals and supports core clinical programs such as DUR, DIS and formulary management. Great opportunity to work at a Progress health ...

Responsible for managing the selection and utilization of pharmaceuticals and supports core clinical programs such as DUR, DIS and formulary management. Great opportunity to work at a Progress health ...

Clinical Pharmacist II

Baltimore, MD ยท On-site

$117K - $140K/yr

... quality improvement, formulary management, drug information, practice advancement, process ... Pharmacist License - Current Maryland license or eligibility to obtain Maryland license Benefits:

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Entry Level Formulary Management Pharmacist information

See Silver Spring, MD salary details

$28

$62

$76

How much do entry level formulary management pharmacist jobs pay per hour?

As of Aug 30, 2026, the average hourly pay for entry level formulary management pharmacist in Silver Spring, MD is $62.97, according to ZipRecruiter salary data. Most workers in this role earn between $57.88 and $69.57 per hour, depending on experience, location, and employer.

What does an entry level formulary management pharmacist do?

An entry level formulary management pharmacist works to help develop, review, and manage the list of prescription medications (formulary) covered by a healthcare organization or insurance plan. Their responsibilities typically include evaluating new and existing drugs for safety, efficacy, and cost-effectiveness, preparing materials for formulary committee meetings, and assisting with drug utilization reviews. They also collaborate with other healthcare professionals to ensure patients receive appropriate and affordable medications. This role is ideal for pharmacists interested in the clinical and administrative aspects of pharmacy practice.

What are the key skills and qualifications needed to thrive as an entry level formulary management pharmacist?

To thrive as an Entry Level Formulary Management Pharmacist, you need a Doctor of Pharmacy (PharmD) degree, state licensure, and a strong understanding of pharmacotherapy and formulary processes. Familiarity with pharmacy benefit management (PBM) systems, drug information databases, and formulary management software is typically required. Attention to detail, analytical thinking, and effective communication help in collaborating with healthcare teams and evaluating formulary recommendations. These skills ensure evidence-based formulary decisions, regulatory compliance, and optimal patient outcomes in managed care settings.

How does an entry level formulary management pharmacist typically collaborate with other healthcare professionals within a hospital or health plan setting?

As an entry-level formulary management pharmacist, you will regularly work with physicians, nurses, pharmacy technicians, and other pharmacists to assess medication needs and ensure the formulary remains clinically appropriate and cost-effective. You may participate in Pharmacy and Therapeutics (P&T) committee meetings, provide evidence-based recommendations, and help implement policy changes. Collaboration often involves reviewing medication requests, supporting prior authorization processes, and communicating formulary updates to the broader healthcare team, making strong communication and teamwork skills essential for success in this role.

What is the difference between Entry Level Formulary Management Pharmacist vs Community Pharmacist?

AspectEntry Level Formulary Management PharmacistCommunity Pharmacist
CredentialsDoctor of Pharmacy (Pharm.D.), state licensureDoctor of Pharmacy (Pharm.D.), state licensure
Work EnvironmentHealthcare organizations, insurance companies, PBMsRetail pharmacies, hospitals, clinics
Industry UsageFocused on drug coverage policies, formulary decisionsPatient counseling, dispensing medications
Job FocusFormulary review, medication policy, cost managementPatient care, medication dispensing, counseling

While both roles require a Pharm.D. and licensure, the Entry Level Formulary Management Pharmacist primarily works on drug coverage policies and formulary decisions within healthcare organizations, whereas the Community Pharmacist focuses on patient interaction, medication dispensing, and counseling in retail or hospital settings.

What are the most commonly searched types of Formulary Management Pharmacist jobs in Silver Spring, MD?

The most popular types of Formulary Management Pharmacist jobs in Silver Spring, MD are:

What are popular job titles related to Entry Level Formulary Management Pharmacist jobs in Silver Spring, MD?

For Entry Level Formulary Management Pharmacist jobs in Silver Spring, MD, the most frequently searched job titles are:

What job categories do people searching Entry Level Formulary Management Pharmacist jobs in Silver Spring, MD look for?

The top searched job categories for Entry Level Formulary Management Pharmacist jobs in Silver Spring, MD are:

Infographic showing various Entry Level Formulary Management Pharmacist job openings in Silver Spring, MD as of August 2026, with employment types broken down into 86% Full Time, and 14% Part Time. Highlights an 100% In-person job distribution, with an average salary of $130,980 per year, or $63 per hour.

Formulary Management Pharmacist

Pharmacy Careers

Arlington, VA โ€ข On-site

$67 - $80.75/hr

Other

Posted 14 days ago


Job description

Formulary Management Pharmacist - Influence Therapy Access at Scale | Hybrid/Remote Friendly
Shape which medications patients can access by evaluating new drugs, analyzing clinical and economic data, and supporting P&T; Committee decisions. This role offers strong intellectual challenge and often hybrid or remote flexibility.
Key Responsibilities

  • Evaluate and review new drug products for formulary inclusion or exclusion.
  • Analyze clinical trial data, cost-effectiveness, and therapeutic outcomes to support recommendations.
  • Collaborate with Pharmacy & Therapeutics (P&T;) Committees on formulary decisions.
  • Maintain and update formulary lists in compliance with health-plan, PBM, and regulatory standards.
  • Provide clinical support for utilization management, prior-authorization criteria, and step-therapy guidelines.
What You'll Bring
  • Education: PharmD or Bachelor of Pharmacy.
  • Licensure: Active U.S. pharmacist license.
  • Experience: Managed care, PBM, or health-plan ideal. All pharmacists interested in formulary and policy work are encouraged to apply.
  • Skills: Strong analytical ability, interpretation of clinical research, and excellent written communication.
Why This Role?
  • Influence therapy access decisions that affect large populations.
  • Gain specialized expertise in managed-care pharmacy.
  • Many positions are hybrid or remote-friendly.
  • Competitive pay, benefits, and professional development.

About Us
We are a confidential healthcare organization working with PBMs, insurers, and health systems nationwide. Our pharmacists drive evidence-based decisions that balance patient care with responsible resource use.
Apply Today
Take the next step - apply now for our Formulary Management Pharmacist opening and make your expertise count system-wide.