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Vice President, Clinical Strategy and Formulary

Job in Louisville, Jefferson County, Kentucky, 40201, USA
Listing for: PharMerica
Full Time position
Listed on 2026-03-08
Job specializations:
  • Healthcare
    Healthcare Management, Healthcare Consultant
Salary/Wage Range or Industry Benchmark: 150000 - 200000 USD Yearly USD 150000.00 200000.00 YEAR
Job Description & How to Apply Below

Overview

The Vice President of Clinical Strategy and Formulary is responsible for comprehensive oversight of drug formulary management within long‑term care. This includes analyzing drug utilization trends, developing and executing strategic utilization and clinical programs, managing data and client reporting, and ensuring the appropriateness of drug therapy.

The Vice President of Clinical Strategy and Formulary shapes formulary strategies to improve outcomes and optimize drug spend while providing expertise and reporting to clients on formulary design, management, and corresponding financial performance.

Job Requirements
  • PharmD with an active and unrestricted Pharmacist license, not state specific
  • 10+ years of industry experience in Managed Care, PBM, Long Term Care or Clinical Pharmacy
  • Demonstrated experience and success in
    • Formulary development and management
    • Pharmacy benefit design
    • Drug utilization management
    • Healthcare regulation
  • Travel 10‑20%
What We Offer
  • Health, dental, vision and life insurance benefits
  • Company paid STD and LTD
  • Tuition Assistance
  • Employee Discount Program
  • 401k
  • Unlimited Paid‑Time Off
  • Annual incentive bonus

Our Pharmacy group focuses on providing exceptional customer service and meeting the pharmacy needs for hospitals, rehabilitation hospitals, long‑term acute care hospitals, and other specialized care centers nationwide. If your passion is service excellence and top‑quality care, come join our team and apply today!

Responsibilities
  • Develop and maintain drug formularies and clinical programs aligned with organizational goals and regulations.
  • Guide formulary strategy and drive innovation in response to industry challenges.
  • Monitor and report on pharmacy data, including utilization, costs, and quality metrics.
  • Implement strategies for cost‑effective therapy and improved patient care.
  • Ensure compliance with state and federal regulations through effective protocols and educational initiatives.
  • Support business development and client relations by providing clinical expertise and participating in reviews.
  • Collaborate with internal and external stakeholders to optimize formularies, develop programs, and manage strategic partnerships.
  • Lead educational efforts for healthcare providers to promote safe, effective, and cost‑efficient drug therapy.
  • Champion initiatives to improve patient outcomes and reduce total cost of care.
  • Perform additional duties as assigned by the Chief Clinical Officer.
Qualifications
  • PharmD required with an active and unrestricted Pharmacist license, not state specific
  • 10+ years of industry experience in Managed Care, PBM, Long Term Care or Clinical Pharmacy
  • Demonstrated success in leadership roles, preferably in formulary development and management at a strategic level
  • Expertise in pharmacy benefit design, drug utilization management, and healthcare regulations
  • Strong strategic and analytical mindset, with the ability to translate complex data into actionable strategies
  • Exceptional leadership, communication, and relationship‑building skills
  • Proven ability to collaborate effectively across functions, both internally and externally
  • In‑depth understanding of pharmaceuticals, therapeutic categories, and evolving healthcare trends
  • Willingness to travel as needed (10%‑20%)
About Our Line Of Business

Phar Merica, an affiliate of Bright Spring Health Services, delivers personalized pharmacy care through dedicated local teams, serving health care providers such as skilled nursing facilities, senior living communities, and hospitals. We also cater to individuals with behavioral needs, infusion therapy needs, seniors receiving in‑home care, and patients with cancer. Operating long‑term care, home infusion, and specialty pharmacies across the nation, we combine the personal touch of a neighborhood pharmacy with the resources of a national network.

Our comprehensive solutions, backed by industry‑leading technology and regulatory expertise, ensure accurate medication access, cost control, and compliance with best‑in‑class clinical standards. We are committed to enhancing resident health, reducing staff burdens, and supporting our clients' success. For more information, visit  Follow us on Facebook, Twitter, and Linked In.

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