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Formulary Management Jobs (NOW HIRING)

RxSense

Formulary Operations Analyst

... management and access of cost-effective pharmacy benefits. Our technology helps enterprise and ... The Formulary Analyst plays a key role in the configuration, maintenance, and quality assurance of ...

The US Oncology Network

Pharmacist

Bensalem, PA · On-site

$55.50 - $66.75/hr

KEY RESPONSIBILITIES Formulary Management • Maintain and update the oncology formulary in collaboration with the Pharmacy & Therapeutics Committee. • Evaluate new oncology medications and ...

MedImpact

Formulary Admin Specialist I

San Diego, CA · On-site +1

$30.35 - $37.71/hr

We are the premier Pharmacy Benefits Management solution! Essential Duties and Responsibilities ... Formulary mailbox and salesforce cases management * Triages inquiries; serves as a resource for ...

Uoflhealth

$113K - $135K/yr

Participates in formulary management by converting non-formulary orders to formulary alternatives when possible; enforces the use of the non-formulary medication request ordering procedure and ...

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Formulary Management information

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$75.5K

$130.4K

$168.5K

How much do formulary management jobs pay per year?

As of Jun 19, 2026, the average yearly pay for formulary management in the United States is $130,403.00, according to ZipRecruiter salary data. Most workers in this role earn between $118,500.00 and $141,500.00 per year, depending on experience, location, and employer.

What are the main responsibilities of a professional working in Formulary Management?

Professionals in Formulary Management are responsible for developing, updating, and maintaining lists of approved medications within healthcare organizations or insurance plans. This typically involves evaluating clinical evidence, analyzing cost-effectiveness data, collaborating with pharmacy teams and physicians, and ensuring compliance with regulatory guidelines. Daily tasks may include conducting formulary reviews, responding to coverage requests, and participating in Pharmacy & Therapeutics (P&T) committee meetings. The role often requires balancing patient care needs with budgetary constraints, making both analytical and interpersonal skills essential for success.

What is a Formulary Management job?

A Formulary Management job involves overseeing the selection, evaluation, and maintenance of a list of approved medications for a healthcare organization or pharmacy benefit plan. Professionals in this role work to ensure cost-effective medication use while maintaining quality patient care. They analyze drug utilization trends, collaborate with healthcare providers, and negotiate with pharmaceutical companies to optimize formularies. Their work helps balance clinical effectiveness, safety, and budget considerations.

What are the key skills and qualifications needed to thrive in the Formulary Management position, and why are they important?

To excel in Formulary Management, you typically need a background in pharmacy, pharmacology, or healthcare administration, often supported by a relevant degree or certification such as a PharmD or RPh. Familiarity with formulary software systems, pharmacy benefit management (PBM) platforms, and data analytics tools is essential. Strong analytical skills, attention to detail, collaboration, and effective communication are valuable soft skills in this role. These competencies are crucial for optimizing medication selection and utilization, ensuring regulatory compliance, and achieving cost-effective patient outcomes.

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Formulary Management jobs near you
Clinical Pharmacist - Pain Management

Clinical Pharmacist - Pain Management

LifeBridge Health

Baltimore, MD • On-site

$53.78 - $83.28/hr

Full-time

Posted 27 days ago

LifeBridge Health rating

6.3

Company rating: 6.3 out of 10

Based on 76 frontline employees who took The Breakroom Quiz

666th of 873 rated healthcare providers

Job description

Summary
Clinical Pharmacist specializing in the management of patients with pain and Opioid Use Disorder (OUD). This position serves as the pain management expert, developing effective individualized pain management treatment plans, and collaborating with other healthcare professionals across the health-system to establish order sets and policies, providing guidance and education to promote and advance pain management and opioid stewardship activities. The successful candidate will provide guidance on management of withdrawal and acute pain in patients with opioid use disorder and will lead the pain stewardship activities for the facility while collaborating with pharmacists and other healthcare professionals across the Lifebridgehealth (LBH) System on various pharmacy and multidisciplinary committees.
Beyond direct patient care, the successful candidate will have opportunities to serve as a mentor and educator for pharmacy residents, pharmacy students, pharmacy staff and healthcare professionals across other disciplines. Responsibilities also include areas of regulatory compliance, quality improvement, formulary management, drug information, practice advancement, process development and coordination of associated EHR enhancements.
Requirements:
PharmB or MScPhm or PharmD
PGY-1 residency or two post-graduate practice years of direct patient care experience
Pharmacist License - Current Maryland license or eligibility to obtain Maryland license

What LifeBridge Health employees say

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Hours and flexibility

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About LifeBridge Health

Sourced by ZipRecruiter

LifeBridge Health is a $2B, 13,000 team member healthcare system that Cares Bravely for over 1 million patients annually throughout Maryland. We are comprised of 5 main healthcare centers: Sinai Hospital, Northwest Hospital, Carroll Hospital, Levindale Hebrew Geriatric Center and Hospital, and Grace Medical Center as well as several specialty and primary care locations throughout Baltimore.

Industry

Health care and social assistance

Company size

5,001 - 10,000 Employees

Headquarters location

Baltimore, MD, US

Year founded

1988

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