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Entry Level Formulary Management Pharmacist Jobs

UPMC

Pharmacist - Hospital/Inpatient

Mechanicsburg, PA · On-site

$55.25 - $66.25/hr

Support formulary management by minimizing non-formulary use, applying therapeutic interchange ... Current licensure as a pharmacist in practicing state * Entry Level- no previous experience ...

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Entry Level Formulary Management Pharmacist information

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

As of Aug 8, 2026, the average hourly pay for entry level formulary management pharmacist in the United States is $60.91, according to ZipRecruiter salary data. Most workers in this role earn between $56.01 and $67.31 per hour, depending on experience, location, and employer.

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.

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 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.

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.
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Entry Level Formulary Management Pharmacist jobs near you
Infographic showing various Entry Level Formulary Management Pharmacist job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 13% Part Time, and 3% Contract. Highlights an 88% Physical, 2% Hybrid, and 10% Remote job distribution, with an average salary of $126,701 per year, or $60.9 per hour.

Clinical Pharmacist-Pediatric Cardiac ICU and Emergency Med

Yale New Haven Health

New Haven, CT • On-site

$119K - $142K/yr

Full-time

Re-posted 14 days ago

Yale New Haven Health rating

7.3

Company rating: 7.3 out of 10

Based on 232 frontline employees who took The Breakroom Quiz

305th of 887 rated healthcare providers

Job description

Overview

To be part of our organization, every employee should understand and share in the YNHHS Vision, support our Mission, and live our Values. These values - integrity, patient-centered, respect, accountability, and compassion - must guide what we do, as individuals and professionals, every day.
As members of a High Reliability Organization (HRO), every employee should practice CHAMP behavior and strive to make patient safety a top priority. To be part of our organization, every employee should understand and share in the YNHHS Vision, support our Mission, and live our Values. These values-integrity, patient-centered, respect, accountability, and compassion - must guide what we do, as individuals and professionals, every day. This is an entry level clinical pharmacist position. The clinical pharmacist supports the vision, mission, and goals of YNHHS and the Department of Pharmacy and demonstrates competency in all basic clinical pharmacist skills.
EEO/AA/Disability/Veteran


Responsibilities
  • 1. Customer Service Quality
    • 1.1 Demonstrate and promote CHAMP behaviors
  • 2. Medication Management
    • 2.1 Conduct timely, accurate medication order review that considers all patient characteristics including laboratory values and vital signs
  • 3. Medication Preparation and Distribution
    • 3.1 Demonstrate competency in pharmacy automation and technology as applicable to work area
  • 4. Medication Safety, Regulatory Affairs, and Quality Assurance
    • 4.1 Adhere to all departmental policies, procedures, protocols, and guidelines
  • 5. Leadership
    • 5.1 Provide education and training to other pharmacy staff members, pharmacy students and residents, and health care team members.
  • 6. Financial/Volume Results
    • 6.1 Contribute to departmental cost-reduction/revenue generation

Qualifications

EDUCATION

Graduation from an accredited College of Pharmacy with a B.S. or PharmD degree

EXPERIENCE

Completion of an ASHP-accredited PGY1 pharmacy residency or equivalent experience is desirable, but not required. Hospital pharmacy experience is preferred.

LICENSURE

Current Connecticut Pharmacist License, or eligible for pharmacist licensure in the state of Connecticut

SPECIAL SKILLS

This individual should demonstrate basic knowledge of pharmacology and therapeutics, and understand pharmacy systems of drug distribution and formulary management. Excellent verbal and written communication skills and the ability to work with others are required.


YNHHS Requisition ID
184185Qualifications:

EDUCATION

Graduation from an accredited College of Pharmacy with a B.S. or PharmD degree

EXPERIENCE

Completion of an ASHP-accredited PGY1 pharmacy residency or equivalent experience is desirable, but not required. Hospital pharmacy experience is preferred.

LICENSURE

Current Connecticut Pharmacist License, or eligible for pharmacist licensure in the state of Connecticut

SPECIAL SKILLS

This individual should demonstrate basic knowledge of pharmacology and therapeutics, and understand pharmacy systems of drug distribution and formulary management. Excellent verbal and written communication skills and the ability to work with others are required.

Education:UNAVAILABLEEmployment Type: UNAVAILABLE

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