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Manager Formulary Management Jobs (NOW HIRING)

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 ...

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How much do manager formulary management jobs pay per year?

As of May 31, 2026, the average yearly pay for manager formulary management in the United States is $141,960.00, according to ZipRecruiter salary data. Most workers in this role earn between $127,000.00 and $149,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Manager Formulary Management, and why are they important?

To excel as a Manager Formulary Management, you need a strong background in pharmacy, clinical therapeutics, and formulary design, usually supported by a PharmD or advanced pharmacy degree and relevant experience. Familiarity with pharmacy benefit management (PBM) systems, drug utilization review tools, and data analytics platforms is essential. Strong leadership, communication, and analytical skills enable effective collaboration with cross-functional teams and informed decision-making. These competencies ensure optimal formulary strategies that balance clinical efficacy, cost-effectiveness, and regulatory compliance.

What are some common challenges faced by a Manager of Formulary Management, and how can they be addressed?

Managers of Formulary Management frequently encounter challenges such as balancing cost containment with ensuring access to clinically effective medications, staying current with evolving drug therapies, and managing complex stakeholder relationships. To address these, it is important to implement evidence-based evaluation processes, foster open communication with pharmacy and medical teams, and engage in ongoing professional development to keep up with regulatory and industry changes. Collaborating closely with data analysts, clinicians, and external vendors also helps ensure timely, informed formulary decisions that meet both organizational and patient needs.

What is a Manager of Formulary Management?

A Manager of Formulary Management is a professional responsible for overseeing the selection, evaluation, and ongoing management of prescription drug formularies within healthcare organizations, such as health plans or pharmacy benefit managers. They ensure that the formulary is clinically appropriate, cost-effective, and meets the needs of patients and providers. Their role involves collaborating with pharmacists, physicians, and other stakeholders to develop policies, review medication usage, and implement strategies to optimize drug therapy. They also monitor regulatory compliance and analyze drug trends to make evidence-based recommendations.

What is the difference between Manager Formulary Management vs Pharmacist?

AspectManager Formulary ManagementPharmacist
CredentialsTypically requires a bachelor's degree in health administration or related field; certifications in formulary management are a plusRequires a Doctor of Pharmacy (Pharm.D.) degree and licensure
Work EnvironmentHealthcare organizations, insurance companies, or pharmacy benefit managersCommunity pharmacies, hospitals, or clinics
Industry UsageUsed in healthcare administration and formulary decision-makingDirect patient care and medication dispensing

Manager Formulary Management focuses on overseeing medication formularies and policy development within healthcare organizations, while Pharmacists are involved in dispensing medications and patient counseling. Both roles require healthcare knowledge but differ in responsibilities and work settings.

More about Manager Formulary Management jobs
What cities are hiring for Manager Formulary Management jobs? Cities with the most Manager Formulary Management job openings:
What are the most commonly searched types of Formulary Management jobs? The most popular types of Formulary Management jobs are:
What states have the most Manager Formulary Management jobs? States with the most job openings for Manager Formulary Management jobs include:
What job categories do people searching Manager Formulary Management jobs look for? The top searched job categories for Manager Formulary Management jobs are:
Manager Formulary Management jobs near you
Infographic showing various Manager Formulary Management job openings in the United States as of May 2026, with employment types broken down into 84% Full Time, and 16% Part Time. Highlights an 100% Physical job distribution, with an average salary of $141,960 per year, or $68.2 per hour.

Manager Clinical Pharmacy

Baylor St Luke's Medical Center

Houston, TX

$72.88 - $108.42/hr

Full-time

Posted 15 days ago

Job description


Job Summary and Responsibilities

As our System Manager of Clinical Pharmacy Services, you will strategically lead and optimize system-level clinical pharmacy services, driving the enterprise strategy for medication formulary, utilization guidelines, and clinical pharmacy programs.
Every day you will lead the development of standardized medication guidelines, coordinate evidence-based reviews, and optimize clinical interventions. You will direct implementation efforts for the System Pharmacy & Therapeutics (P&T) Committee, ensuring its effective operation and managing the system-level medication formulary. Your responsibilities include achieving projected annual clinical initiative savings, conducting medication value analyses, and aligning formulary decisions with procurement.
To be successful in this role, you will demonstrate strong strategic leadership, financial acumen, and a deep understanding of clinical pharmacy and formulary management.

  • The Pharmacy Clinical Manager is the subject matter expert and responsible for all the day-to-day activities of a clinical pharmacist.
  • The Clinical Manager is responsible for developing competencies of their respective clinical teams and enhancing the clinical programs to care for patients at their facility
  • The Clinical Manager must have training in: clinical protocols/guidelines, applicable EHR utilization, on-line drug information resources, parenteral nutrition, pharmacokinetics, anticoagulation, pharmacy automation, and computer applications.
  • The Pharmacy Clinical Manager shall demonstrate leadership qualities and serve as a role model, both intra and interdepartmentally. He/she should be knowledgeable about pharmaceutical preparations; drug therapy review and evaluation; drug information sources, retrieval and interpretation; medication use evaluation; use of evidence-based protocols; adverse drug reaction reporting and evaluation; disease state management; and formulary management relative to all patient age groups served at the facility. He/she should model the Core Values and shall be committed, by personal actions/examples and leadership direction, to the unceasing improvement of care and quality via the organization's performance improvement initiatives. He/she shall also adhere to/serve as a role model as it relates to compliance with regulatory body/agency mandates.
  • The Pharmacy Clinical Manager should possess the personal characteristics necessary for successfully fulfilling his/her responsibilities. These characteristics include good communication skills, initiative, attention to detail, flexibility, cooperation, ability to motivate others, and a commitment to continuing education to upgrade his/her skills.
  • The Pharmacy Clinical Manager must demonstrate the ability to precept residents’ learning experiences as described by:
    • The use of clinical teaching roles (e.g. instructing, modeling, coaching, facilitating) at the level required by residents
    • The ability to assess residents’ performance
    • Recognition in the area of pharmacy practice for which they serve as preceptors
    • An established, active practice in the area for which they serve ts’ learning experiences
    • On-going professionalism, including a personal commitment to a preceptor
    • Maintenance of continuity of practice during the time of residence advancing the profession
  • This position may serve as the Residency Program Director as applicable
Job Requirements

Required

  • Bachelors of Science in Pharmacy or Doctor of Pharmacy Degree and minimum of 3 years of recent pharmacy (or similar) work experience, upon hire or
  • Registered Pharmacist with the Texas State Board of Pharmacy in good standing-(RPH)


Preferred

  • Masters Degree (MBA, MS, MHA, etc) 
  • Minimum of 1 year in a leadership position or pharmacy residency completed
Where You'll Work

Baylor St. Luke’s Medical Center is an 1,045 bed facility located in the Texas medical center. A joint venture with Baylor College of Medicine, Baylor St. Luke’s is an internationally recognized leader in research and clinical excellence that has given rise to breakthroughs in cardiovascular care, neuroscience, oncology, transplantation, and more. The hospital is home to the Dan L Duncan Comprehensive Cancer Center, a nationally-accredited and NCI-designated comprehensive cancer center. Our new McNair Campus is designed around the human experience—modeled on evidence-based practices for the safety of patients, visitors, staff, and physicians. The 27.5-acre campus represents the future of healthcare through a transformative alliance focused on leading-edge patient care, research, and education. 


Pay Range
$72.88 - $108.42 /hour

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