PGY1 Managed Care Pharmacy Residency Program Purpose

Our regional health plans have provided pharmacy services for more than 20 years, and currently support safe and cost-effective medication treatment for 1.8 million members. The Regence Managed Care Pharmacy Residency program is designed to train the pharmacy resident in all aspects of managed care pharmacy in a health plan environment. Upon completion of the residency, the resident will be prepared for specific positions such as Clinical Program Manager, Formulary Management Pharmacist, Utilization Management Pharmacist, Prior Authorization Pharmacist, Clinical Pharmacist Consultant, and Medical Science Liaison within the pharmaceutical industry.

Resident Opportunities

Evidence Based Formulary and Policy Development: Review medication literature and apply the Regence evidence-based critical appraisal methods to author formulary monographs and therapy class reviews.

Pre-Authorization: Recommend coverage determinations while supporting prior authorization and customer service teams.

Clinical programs: Provide member and physician education through outreach programs, such as our site of care program.

Medication Therapy Management (MTM): Conduct complete medication reviews and assist in evaluating program performance and quality assurance.

Clinical Account Management: Learn about business strategies that support the growth of Regence. Provide clinical insight to Regence clients and support the sales teams.

Clinical Operations: Provide clinical support for projects involving utilization management, cost savings initiatives, implementation of patient/provider outreach, and oversight and performance reporting.

Specialty Pharmacy: Learn about specialty drug management strategies including pipeline monitoring, assessing budget impact, channel management, and utilization management.

Other Experiences: 

  • Complete a residency research project and present at a national meeting.

  • Network with leaders in managed care pharmacy and the pharmaceutical industry.

  • Precept Advanced Practice Pharmacy Experience (APPE) Students from local schools of pharmacy.

  • Participate in Oregon’s CityWide Group, a state-wide program aimed at promoting leadership, growth and networking of pharmacy residents (optional).

  • Enhance teaching skills through practical training workshops and hands-on experience in collaboration with the Oregon Pharmacy Teaching Certificate Program (optional).

Program Mission

To develop clinically adept managed care pharmacists with strong leadership qualities who can manage projects, communicate effectively and critically analyze scientific literature and data.

Managed Care Residency Program Purpose

To build upon the Doctor of Pharmacy (PharmD) education and outcomes to develop managed care pharmacist clinicians with diverse patient care, leadership, and education skills who are eligible for board certification and postgraduate year two (PGY2) pharmacy residency training. A managed care pharmacy residency will provide systematic training of pharmacists to achieve professional competence in the delivery of patient care and managed care pharmacy practice.

Minimum Requirements:

Our regional health plans participate in the ASHP Pharmacy Online Residency Centralized Application Service (PhORCAS) and the ASHP Resident Matching Program (the "Match"). Potential residents must possess a Doctor of Pharmacy degree from an ACPE-accredited college of pharmacy, be licensed or eligible for licensure in Oregon, and have strong motivation to pursue a dynamic career in managed care pharmacy. A curriculum vitae, a letter of intent, academic transcripts, and three letters of reference are required for application. An on-site interview and presentation are required.

Compensation:

Starting Date: July 1
Estimated Stipend: $50,000
Number of Positions: 2

Benefits:

  • Health, dental, vision, life and disability insurance
  • Vacation time allotted (17 days of paid time off)
  • Stipend for professional travel and conferences
  • Commute expense reimbursement available for public transportation
  • 401k contribution
  • Program Contact: Kevin.Chang@Cambiahealth.com

Resources

Apply to the Regence PGY1 Managed Care Residency today!