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Capital Rx

Formulary Operations Pharmacist

denver, CO

Check who can apply and the requirements below before continuing.

About this opportunity

Capital Rx lists this Formulary Operations Pharmacist opportunity in denver, Colorado. Review the employer’s description below for duties, qualifications and application requirements.

Job description

About Judi Health

Judi Health is a health technology company providing benefit administration solutions to employers, unions, health plans, and government entities. Judi Health replaces fragmented, outdated systems with the industry's first Unified Claims Processing architecture, seamlessly consolidating pharmacy and medical benefit administration on a single, secure platform. By delivering true price transparency, eliminating unnecessary middleman fees, and leveraging advanced AI-powered care delivery, Judi Health helps clients achieve unprecedented operational efficiency and service levels.

At Judi Health, we're deploying the infrastructure our country needs to deliver the healthcare we all deserve. We are the intelligence platform powering benefits plans for millions of Americans and proudly leading the next generation of care. To learn more, visit

Location: Hybrid (Local to NewYork, New York; Denver, Colorado; or Charlotte, North Carolinaarea)

Position Summary:

The Formulary Operations Pharmacist - Medicare is responsible for providing operational support for the evaluation, implementation, and maintenance of Medicare Part D formularies and utilization management. This individual supports creation and maintenance of formulary and utilization management lists, preparation of CMS formulary files and member formulary drug lists, preparation and review of updates for implementation, and other formulary and utilization management related tasks and processes. The role requires strong cross functional collaboration and communication skills, and an understanding of Medicare Part D formulary management processes and related CMS rules and regulations.The position alsoprovides supporttonon-Medicare formularymanagementtasks as opportunities arise.

Position Responsibilities:

Maintain standard and custom formularies for the Medicare line of business in accordance with CMS Medicare guidelines

Supports thedevelopment, implementation, maintenance, and quality control of Medicare Part D formularies, utilization management, and clinical adjudication drug lists

Leadsand supports thepreparation of monthly and annual files for CMS formulary submissions, member formulary drug lists and look up tools, andutilization management criteria

Expanded scope ofresponsibilities across other non-Medicare business lines when needed, driving alignment, operational excellence, and strategic execution across diverse functions

Evaluate drugsanddrugclasses,toprovideformulary positioning and utilization management recommendations, and update formulary management strategies and associated adjudication requirements to operationalize

Evaluates theappropriateness of and operationalizescustom client formulary and benefit change requests within the formulary and adjudication platform

Creates customized marketing materials, including but not limited to member formulary drug lists, utilization management criteria documentation, and web-based look up tools

Supports thecomprehensive testing of client formulary and benefit elections

Supportscustom formulary client trade and rebate strategy evaluation

Identifies opportunities for automation and collaborates with Analytics to streamline processes and workflows

Analyzes pharmacy cost of care and clinical updates for the development of formulary management programs and utilization management edits

Provides clinical support to operational teams and clients during implementations

Servesas the clinical operations liaison to assist with ad-hoc sales requests and strategic communications for clients to provide expert insights from a clinical perspective

Quality assurance checks of Formulary Specialist activities, with emphasis on actions impacting adjudication of claims for accuracy

Providescross functional support for claimstroubleshooting within the adjudication platform

Monitorsand analyzesregulatory and legislative requirements for Medicare

Leads and supports timely submission of all required reporting to State and Federal regulators, such as required formulary submissions to Health Plan Management System (HPMS)

Supports thedevelopment of project plans to meet new CMS requirements, and supportscross functional teams with implementation of programs to meet requirements

Leadsformulary change processes within URAC/NCQA/CMS guidelines

SupportsPharmacy and Therapeutics (P&T) committee items, as required

Maintainsand updatesthe Rx pharmaceutical pipeline,development of monthly newsletters, and other client communicationsas needed

Developsclinical criteria for review as needed

SupportsCMSProgram Audits as a formulary administration subject matter expert and provide necessary input of information to complete any auditor requested deliverables, including but not limited to root cause analysis, beneficiary impact analysis, and corrective action plans

SupportsQualityImprovement projects, clinical value projects,and continuous improvement initiatives,as needed

SupportsRequest for Information (RFI) and Request for Proposal (RFP) submissions, as needed

Support general business needs and operations, as needed

Supportsreview of new regulatory guidance and regulations that impact formulary administration and provide guidance to internal and external stakeholders for compliant action

Maintainscompliance with all regulatory and organizational deadlines

Responsible for adherence to theJudiRx Code of Conduct including reporting of noncompliance

Performs other duties and responsibilities as needed

MinimumQualifications:

Doctor of Pharmacy (PharmD) Degree from an accredited institution

Current, unrestricted registered pharmacist license(s)

Residency/fellowship preferred

2+years ofMedicareformulary experience working for a health plan or PBM

Knowledge of formulary development and maintenance processes

Knowledge of highly managed specialty medications/strategy

Knowledge of rebate and financial implications of formulary strategies

Experience working with largedatasetsrequired

Ability to independently identify, research, and resolve issues

Ability to balance multiple complex projects simultaneously

Ability to work extended hours, weekends, and holidays consistent with industry demands

Exceptional written and verbal communication skills

Extremely flexible, highly organized, and able to shift priorities easily

Attention to detail & commitment to delivering high quality work product

ProficientinMicrosoft office suite withstongemphasisinMicrosoftExcel required

#LI-LC1

This range represents the low and high end of the anticipated base salary range. The actual base salary will depend on several factors such as: experience, knowledge, skills, and location of the job.

Remote, US Salary Range

$125,000—$140,000 USD

New York, NY Salary Range

$125,000—$140,000 USD

Denver, CO Salary Range

$125,000—$140,000 USD

Charlotte, NC Salary Range

$125,000—$140,000 USD

All employees are responsible for adherence to the Judi Health Code of Conduct including the reporting of non-compliance. This position description is designed to be flexible, allowing management the opportunity to assign or reassign duties and responsibilities as needed to best meet organizational goals.

We provide equal employment opportunities to all employees and applicants for employment and prohibit discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, medical condition, genetic information, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

By submitting an application, you agree to the retention of your personal data for consideration for a future position at Judi Health. More details about Judi Health's privacy practices can be found at

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