Also referred to as: PBM Manager, Pharmacy Benefit Management Manager
Requirements and Responsibilities

Managed Care Pharmacy Manager is responsible for managing medication utilization, formulary management, and ensuring cost-effective services for a network of managed care pharmacies. Monitors and analyzes pharmacy utilization trends and identifies opportunities for cost savings and improved patient outcomes. Being a Managed Care Pharmacy Manager collaborates with healthcare stakeholders to implement and improve pharmacy benefit programs. May also be responsible for designing reimbursement processes and procedures. Additionally, Managed Care Pharmacy Manager requires a doctorate degree in pharmacy. May require a doctorate degree in pharmacy. May require applicable license and/or certification. Typically reports to a director. The Managed Care Pharmacy Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Managed Care Pharmacy Manager typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes.

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