Compensating the pharmacy services manager

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One of the positions that Warren Surveys looked at when it tracked the salaries of 266 titles at over 500 HMO and managed care companies was pharmacy services manager.

Description: "Responsible for managing the drug formulary, drug information systems, pharmaceutical contracting, and staff supervision in a manner that will assure a consistently cost-effective and quality pharmacy program for plan members."

Here is what pharmacy service managers are paid in different areas of the country at different-sized health plans. The salaries are based on data collected as of Feb. 1, 2001.

Bigger is not always better

In terms of median salary vis-a-vis health plan size, pharmacy service managers at plans with 200,001 to 500,000 members generally made a better living, than those at plans in the 500,001 to 1 million, and 1 million-plus categories. Managers in the smallest plans had the highest salaries.

*Due to a low number of plans contributing for this particular category, Warren Surveys suppressed the 10th and 90th percentile to protect confidentiality.


Career Opportunities

HAP, a subsidiary of Henry Ford Health System, is a nonprofit health plan providing coverage to individuals, companies and organizations. This executive develops strategies to meet membership and revenue targets through products, pricing, market segmentation and advertising.  Aligns business among Business Development, Commercial Sales, Medicare and Public Sector Programs and Product Development. Seeks to enhance and be responsible for business development and expansion through the development of an effective product portfolio, strong interpersonal relationships and service excellence.

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