Best Practices for Managing High Cost Medications – Formulary Management

March 24, 2021

The purpose of this webinar is to equip pharmacy leaders to better effectively utilize formulary management strategies to manage high-cost medications at their respective institutions. This webinar is the second webinar in a five-webinar series and was inspired by the white paper entitles “Best Practices for Managing High-Cost Medications” that was published earlier this year. Our speakers are experts in the field of formulary management, and will draw upon their experiences to provide unique tools for pharmacy leaders.

Target Audience

  • Pharmacists

Learning Objectives

  1. Explain the formulary review process with high-cost medications through the Pharmacy and Therapeutics (P&T) Committee
  2. Apply formulary management principles when assigning formulary designations
  3. Analyze patient care and procurement considerations when assigning formulary stock status
  4. Assess management and financial approaches when applying institutional restrictions on formulary medications
  5. Recognize strategies for monitoring adherence to institutional guidelines for medication utilization

Additional Information

AttachmentSize
PDF icon Helpful Tips for Users.pdf157.72 KB
File Information for CE Credit - Best Practices for Managing High Cost Medications.docx125.04 KB
Course summary
Available credit: 
  • 1.00 ACPE Pharmacist
Course opens: 
03/24/2021
Course expires: 
05/09/2021
Event starts: 
03/24/2021 - 4:00pm CDT
Event ends: 
03/24/2021 - 5:00pm CDT
Add to calendar: 
Live via webinar
United States
Relevant financial relationships: Planning committee members and presenters have nothing to disclose
 
Planning committee members
Sybil Thomas, PharmD, MBA
Senior Director, Pharmacy
Vizient, Inc.
 
Henry Clark, PharmD
PGY1/MS1 Health-System Pharmacy Administration and Leadership Resident
The Ohio State University Wexner Medical Center
 
Christian Tulio, PharmD, MBA
PGY1/MS1 Health-System Pharmacy Administration and Leadership Resident
The Ohio State University Wexner Medical Center
 
Course reviewer
Sybil Thomas, PharmD, MBA
Senior Director, Pharmacy
Vizient, Inc.
 
Presenters
Molly Leber, PharmD, BCPS, FASHP, DPLA
Manager, Medication Policy and Formulary Management
Yale New Haven
 
Phu Huynh, PharmD, BCPS
Manager, Drug Use Policy
Yale New Haven
Joint Accreditation Statement:
 
In support of improving patient care, Vizient, Inc. is jointly accredited by the Accreditation Council for Continuing Medical Education (ACCME), the Accreditation Council for Pharmacy Education (ACPE), and the American Nurses Credentialing Center (ANCC) to provide continuing education for the healthcare team.
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Designation Statements:
 
PHARMACY
Vizient, Inc. designates this activity for a maximum of 1.00 ACPE credit hours.
Universal Activity Number: JA0006103-0000-21-102-L04-P
Universal Activity Number: JA0006103-0000-21-102-L04-T

Available Credit

  • 1.00 ACPE Pharmacist
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