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MedImpact

Independent PBM reducing prescription costs

Pharmacy Resident - Managed Care

PharmacyPosted on Nov 11
InternshipRemote

About the Job

Requirements

  • PharmD from an ACPE-accredited school of pharmacy.
  • Proficiency with Microsoft Office Suite.
  • Must obtain a Registered Pharmacist license in the state of residence and Kentucky by October 1 of the program year.
  • Strong analytical and problem-solving capabilities.
  • Knowledge of PBM operations, drug formulary systems, and healthcare regulations.
  • Ability to work independently and as part of a team.
  • Ability to present information effectively to top management, public groups, and boards of directors.
  • Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, and governmental regulations.
  • Ability to work with mathematical concepts such as probability and statistical inference, plane and solid geometry, and trigonometry.
  • Ability to calculate discounts, interest, commissions, proportions, percentages, area, circumference, and volume and apply basic algebra and geometry.
  • Ability to define problems, collect data, establish facts, and draw valid conclusions.
  • Ability to handle abstract and concrete variables and interpret formulas, scientific equations, graphs, and similar symbolism.
  • Ability to meet the physical demands of the position, including sitting, standing, walking, handling objects, reaching, occasionally lifting or moving up to 25 pounds, and maintaining the required close vision, color vision, and depth perception.
  • Ability to work overtime, including nights, weekends, or holidays as required.
  • Ability to travel domestically up to 25% of the time.

Responsibilities

  • Perform cost-savings and member-impact analyses after learning benefit design and utilization-management strategies.
  • Contribute to clinical quality programs, including Drug Utilization Review, Transitions of Care, and initiatives to improve HEDIS and CMS Star Ratings.
  • Support clients by developing and implementing quality and cost-savings initiatives and managing custom formularies across all lines of business.
  • Participate in managing government programs to evaluate and facilitate regulatory programs.
  • Perform quality-program oversight, develop quality-improvement initiatives, and support oversight audits.
  • Evaluate prior-authorization requests and understand the regulatory requirements governing prior-authorization reviews, including four hours of weekly staffing.
  • Assist with P&T material preparation and weekly drug updates, and present at MedImpact P&T Committee meetings.
  • Develop presentation skills to lead meetings while learning to manage projects and navigate corporate complexities.
  • Conduct a longitudinal research project designed for presentation at the AMCP Annual Meeting.
  • Provide support to the Government Programs and Services team and other departments through managed-care learning rotations and longitudinal projects across clinical operations, utilization and formulary management, clinical account services, quality assurance and improvement, government-program management, analytics, and research.

About the Company

MedImpact

Independent PBM reducing prescription costs

MedImpact is an independent pharmacy benefit manager serving health plans, self-funded employers, and government entities. It designs and administers prescription drug benefits, including formulary management, benefit design, utilization management, claims processing, clinical programs, and specialty drug management to cut costs and improve health outcomes. It differentiates itself as independent (not owned by a payer or drugstore) with transparent and flexible pricing across a broad client base and end-to-end benefit management. Its goal is to lower prescription drug costs for clients while improving member health through data-driven, transparent, and comprehensive programs.

Company size
1,001-5,000
Company stage
Seed
Total funding
$2.8M
Headquarters
San Diego, CA
Founded
1989

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