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Capital Rx
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December 19, 2022 - January 13, 2023
Educational/Special Requirements
• Doctor of Pharmacy (PharmD) from an accredited School of Pharmacy, with record of strong academic performance
• Licensed Pharmacist or eligible for pharmacist licensure in any state (must be licensed by September 30th of the residency year)
• Completed application including CV, transcript, letter of intent, and up to 3 letters of recommendation
• Proficient in Microsoft Office Suite with emphasis on Microsoft Excel • Ability to balance multiple complex projects simultaneously
• Excellent communication and interpersonal skills, and ability to work with team members, executive management, and business partners in a polished and professional manner
• Ability to work independently, virtually, and in a team environment to produce solutions from concept to final deliverables
• Familiarity working with large data sets
• Exceptional written and verbal communication skills
• Extremely flexible, highly organized, and able to shift priorities easily
• Attention to detail and commitment to delivering high quality work product
Special Features
Capital Rx is a next generation pharmacy benefits manager, overseeing prescription benefit plans on behalf of employers, unions, and government entities. Determined to transform an outdated model, Capital Rx’s mission is to change the way prescription benefits are priced and administered in the US, unlocking enduring social change. Through our platform approach, Capital Rx delivers data-driven insights and actionable strategies that reduce costs, while improving patient outcomes. Our commitment to innovation, technology, and service is the reason why Capital Rx is among the fastest-growing PBMs in the country.
Throughout the one-year program, the resident will:
• Support initiatives to maintain the drug benefit for commercial, Medicare, Medicaid, and health insurance marketplace clients
• Play an active role in the development and maintenance of formularies for multiple lines of business
• Analyze pharmacy cost of care, trends, and coordinate the development of appropriate utilization management edits including step therapy, prior authorization, and quantity limits
• Design pharmacy benefits for populations of patients based on client-specific elections
• Create pharmaceutical pipeline newsletters / publications / presentations
• Provide clinical resource including support of the prior authorization unit and clinical call center
• Analyze utilization data and creates reports for group plan sponsors (i.e., employers, labor unions, etc.)
• Participate in the development and maintenance of clinical programs such as drug utilization review, medication therapy management, adherence, and disease management programs
• Work with product managers on projects that cover aspects of the product life cycle from ideation, build, launch, manage, and sunset
• Evaluate industry data to improve existing clinical products and make recommendations with a focus on clinical offerings and value proposition
• Support the clinical client management team, as needed
• Observe and participate in committee activities related to the pharmacy program
• Design, manage, and complete a clinical residency project for presentation at a conference with the intent to publish research findings
• Supervise pharmacy students and further develop the student program, including coordination with preceptors as needed
• Support quality improvement projects, as needed
• Support RFI and RFP submissions, as needed
• Support general business needs and operations, as required
Capital Rx values a diverse workplace and celebrates the diversity that each employee brings to the table. We are proud to 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.
Contact Information
Name: Nisha Bhide
Email: View Email Address
Phone: (732) 789-7843
Address:
One World Trade Center
New York NY 10007