Pricing: $399 Members | $549 Non-Members

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Program Overview

The Advanced Principles of Formulary Management training program provides pharmacists with the essential skills and best practices needed to optimize drug formularies. In 16 interactive modules, learners will explore key elements of formulary management, operations, and maintenance, including regulatory and legal considerations, value assessment, clinical evaluation, and much more. 

Section 1: Formulary Management Overview

Formulary management is a tool used to optimize patient access, manage costs, and improve overall health care outcomes. This section provides an overview of the necessary tools and considerations used in formulary management such as the basics of utilization management, regulatory and legal considerations, and the role of PBMs and rebates.

• Module 1: Formulary Overview
• Module 2: Utilization Management
• Module 3: PBM
• Module 4: Regulatory and Legal Considerations

Section 2: Formulary Development

This next section will examine the various considerations for formulary development. Learners will learn about P&T committees, value assessment, clinical evaluation, coverage decision, and utilization management. Lastly, special considerations and hot topics will be discussed, including various FDA approval pathways, health disparities, incorporating the patient voice, and more.

• Module 1: P&T Committee
• Module 2: Clinical Evaluation
• Module 3: Value Assessment
• Module 4: Coverage Decision/Utilization Management
• Module 5: Special Considerations and Hot Topics

Section 3: Formulary Operations

After all the clinical decisions have been made by the formulary development teams, the formulary operations team puts the formulary into action. Various steps to ensure that the formulary is programmed and executed correctly to ensure the patient has appropriate access to their medications. This section will provide an overview of formulary operations, best practices for formulary communication and education, and utilization management administration.

• Module 1: Overview of Formulary Operations
• Module 2: Formulary Communication and Education
• Module 3: Utilization Management Administration

Section 4: Formulary Maintenance

Maintaining and updating formularies is a continual process to ensure they remain current, effective, and aligned with the latest clinical evidence, safety information, and cost considerations. Formulary maintenance requires regular review, evaluation, monitoring, and assessment to remain dynamic and promote safe and effective medication use.

• Module 1: Classification Systems
• Module 2: Formulary Maintenance Considerations
• Module 3: Strategies for Monitoring the Formulary
• Module 4: Utilizing Formulary Resources and Best Practices

Course Description and Learning Objectives

For individual module descriptions and learning objectives, view the document linked below:

APFM Module Descriptions and Objectives.pdf