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 Judi Health replaces fragmented, outdated systems with the industry's first Unified Claims Processing™ architecture, seamlessly consolidating pharmacy and medical benefit administration on a single,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 www.judi.health.
Location: Hybrid (Local to New York, New York; Denver, Colorado; or Charlotte, North Carolina area)
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 also provides support to non-Medicare formulary management tasks as opportunities arise.
Position Responsibilities:
- Maintain standard and custom formularies for the Medicare line of business in accordance with CMS Medicare guidelines
- Supports the development, implementation, maintenance, and quality control of Medicare Part D formularies, utilization management, and clinical adjudication drug lists
- Leads and supports the preparation of monthly and annual files for CMS formulary submissions, member formulary drug lists and look up tools, and utilization management criteria
- Expanded scope of responsibilities across other non-Medicare business lines when needed, driving alignment, operational excellence, and strategic execution across diverse functions
- Evaluate drugs and drug classes, to provide formulary positioning and utilization management recommendations, and update formulary management strategies and associated adjudication requirements to operationalize
- Evaluates the appropriateness of and operationalizes custom 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 the comprehensive testing of client formulary and benefit elections
- Supports custom 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
- Serves as 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
- Provides cross functional support for claims troubleshooting within the adjudication platform
- Monitors and analyzes regulatory 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 the development of project plans to meet new CMS requirements, and supports cross functional teams with implementation of programs to meet requirements
- Leads formulary change processes within URAC/NCQA/CMS guidelines
- Supports Pharmacy and Therapeutics (P&T) committee items, as required
- Maintains and updates the Rx pharmaceutical pipeline, development of monthly newsletters, and other client communications as needed
- Develops clinical criteria for review as needed
- Supports CMS Program 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
- Supports Quality Improvement projects, clinical value projects, and continuous improvement initiatives, as needed
- Supports Request for Information (RFI) and Request for Proposal (RFP) submissions, as needed
- Support general business needs and operations, as needed
- Supports review of new regulatory guidance and regulations that impact formulary administration and provide guidance to internal and external stakeholders for compliant action
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