APFM Section 1 Module 1: Formulary Overview
Module Description
This module begins the Advanced Principles of Formulary Management training program. It provides an overview of formulary management's basics and key business lines and will briefly introduce benefit design. Additionally, learners will explore the general structures and common management tools used within drug formularies.
Target Audience
Pharmacists, Pharmacy Technicians, Managed Care Professionals
Learning Objectives
At the completion of this activity, participants should be able to:
- Summarize the different lines of business for which payers develop and maintain formularies.
- Define the process for formulary development.
- Review the general structures and common management tools used within drug formularies.
- Discuss the differences between pharmacy and medical drug management.
Faculty:
Vimal V. Reddy, PharmD
VP, Payer Strategy, Market Access
Lockwood
Financial Relationship Disclosures:
Faculty/Reviewer/Planner | Reported Relevant Financial Relationships |
Vimal Reddy, PharmD Faculty | None |
- AMCP Staff have disclosed no relevant financial relationships.
- If applicable, relevant financial relationships have been mitigated and documented.
- Content has undergone a peer review to ensure content validity.
Accreditation:
ACPE UAN:0233-0000-23-026-H04-P • Activity Type: Knowledge-Based
Contact Hours: 0.75
Release Date: August 04, 2023 • Expiration Date: July 31, 2026
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- Review the full content of the activity.
- Successfully complete the post-test (required to pass with a score of 70% or higher, it may be taken a maximum of three times).
- Complete a specific activity evaluation.