Drug Information Manager Job at KPH Healthcare Services, New York, NY

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  • KPH Healthcare Services
  • New York, NY

Job Description

Drug Information Manager

Scope of Responsibilities: The Drug Information Manager serves as a critical member of the Pharmacy & Therapeutics (P&T) team, responsible for managing and delivering accurate, evidence-based drug information to support formulary development and clinical decision-making. This role ensures the integrity of drug monographs, therapeutic class reviews, and formulary documentation while maintaining compliance with regulatory standards. The position collaborates closely with clinical, financial, and operational teams to align formulary decisions with organizational goals and provides subject matter expertise for rebate strategies and client communications.

Job Summary: The Drug Information Manager will research, analyze, and synthesize clinical data to develop formulary recommendations and support P&T Committee activities. This individual will monitor FDA approvals, safety alerts, and pipeline developments, ensuring timely updates to formulary content. The role requires strong analytical skills, attention to detail, and the ability to communicate complex clinical information effectively to diverse stakeholders.

Responsibilities

  • Conduct comprehensive literature reviews and evaluate clinical evidence for medications and therapeutic classes.
  • Develop and maintain drug monographs, comparative effectiveness analyses, and formulary recommendations for P&T Committee review.
  • Prepare and present clinical content for P&T Committee meetings, including therapeutic class reviews and formulary change proposals.
  • Monitor FDA approvals, safety alerts, and pipeline developments to inform formulary strategy.
  • Maintain accurate and up-to-date formulary documentation and communicate changes to internal stakeholders.
  • Collaborate with analytics and finance teams to integrate clinical insights into cost-effectiveness evaluations.
  • Serve as a subject matter expert for internal teams, providing drug information support for rebate strategies, client communications, and clinical programs.
  • Ensure compliance with regulatory and accreditation standards related to formulary management and P&T processes.
  • Responsible for completing all mandatory and regulatory training programs.
  • Other jobs and responsibilities as assigned.

Qualifications

Job Skills Required:

  • Clinical Expertise: Strong knowledge of pharmacotherapy, evidence-based medicine, and formulary management principles.
  • Drug Information Analysis: Ability to critically evaluate clinical literature, guidelines, and comparative effectiveness data.
  • Regulatory Awareness: Understanding of FDA regulations, safety alerts, and compliance requirements for formulary processes.
  • Technical Proficiency: Familiarity with drug information databases (e.g., Medispan, First Data Banks) and formulary management tools.
  • Data Analytics: Ability to interpret cost-effectiveness data and collaborate with analytics teams; proficiency in Excel and Power BI.
  • Communication Skills: Excellent written and verbal communication for preparing P&T materials and presenting to committees.
  • Project Management: Strong organizational skills to manage multiple priorities and deadlines in a fast-paced environment.
  • Collaboration: Ability to work effectively with clinical, financial, and operational teams to align formulary decisions with organizational goals.
  • Problem-Solving: Strategic thinking to balance clinical and financial considerations in formulary development.

Education:

  • Doctor of Pharmacy (PharmD) or Bachelor of Science in Pharmacy required
  • Active Registered Pharmacist (RPh) license in good standing required
  • Completion of a Drug Information or Managed Care Pharmacy residency preferred
  • Advanced training or certification in pharmacotherapy, formulary management, or evidence-based medicine preferred

Experience:

  • Minimum 35 years of experience in drug information, formulary management, or managed care pharmacy required
  • Hands-on experience preparing and presenting clinical content for Pharmacy & Therapeutics (P&T) Committees required
  • Strong background in evidence-based medicine and clinical literature evaluation required
  • Experience in managed care organizations, PBMs, or GPOs preferred
  • Exposure to cost-effectiveness analysis and integration of clinical insights with financial considerations preferred
  • Prior involvement in pipeline monitoring and formulary strategy development preferred
  • Experience collaborating with analytics and finance teams for rebate and formulary optimization preferred

Compensation: $120,000-125,000 per year. The final offer will be determined after careful consideration of multiple factors such as relevant skills, years of experience and education.

KPH Healthcare Services, Inc. is a multistate organization and abides by all local, state and federal regulations as it pertains to minimum wage requirements.

KPH Healthcare Services

Job Tags

Minimum wage, Local area

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