The University of Michigan Prescription Drug Plan (UM PDP), in collaboration with the Department of Pharmacy Services at Michigan Medicine, is recruiting applicants for an ASHP-accredited Postgraduate Year One (PGY1) Managed Care Residency Program
The Managed Care PGY1 residency at the University of Michigan Prescription Drug Plan offers a unique experience working in the stimulating pharmacy benefits world from a payer’s perspective. The PDP PGY1 program abides by the standards set forth by ASHP and AMCP for accredited PGY1 Managed Care programs. The pharmacy benefit team interacts with world renowned experts in the fields of medicine, pharmacy and managed care to achieve the best mix of state of the art care and cost-effectiveness. In many instances, we work with researchers within our organization who are pivotal in the drug research, development and approval process. By collaborating with researchers and academics, we obtain the unique perspective that only a few managed care residencies have.
The University of Michigan PDP’s PGY1 managed care residency program prepares the resident to be proficient in several areas of managed care pharmacy, including formulary management, pharmacy benefit design, clinical program development, drug use management and drug information communications.
The PDP residency program builds upon the Doctor of Pharmacy (Pharm.D.) education and outcomes to develop pharmacist clinicians with diverse patient care, leadership and education skills who are eligible for board certification and postgraduate year two (PGY2) pharmacy residency training.
Residents completing this program will be qualified and confident to practice as managed care pharmacists in a variety of managed care practice settings including health plans, pharmacy benefit management organizations, and physician groups.
This residency includes rotational experiences designed to meet the objects for accreditation while offering some flexibility to address individual residents’ interests. All residents at the University of Michigan teach at the College of Pharmacy with an option to earn a teaching certificate. Elective experiences are available.
Plan Administration I: Pharmacy Networks and Vendor Relations
Plan Administration II: Quality, Compliance, and Patient Safety
Specialty Pharmacy Practice I
Clinical Program Development I: Traditional/Ambulatory Care
Clinical Program Development II: Specialty Pharmacy
Formulary Management and Patient Outcomes
Academia: Patient Outcomes
Specialty Pharmacy Practice II
On Call Responsibility
Research and Publications Opportunity
Through the research and writing requirements of the program, all residents have the potential to produce at least two manuscripts suitable for peer-reviewed publication by the end of the residency.
Residency Director Information
Stephen Lott, PharmD, MS, CSP
Residency Program Director
firstname.lastname@example.org (link sends e-mail)
Program Assessment Strategy
The program is structured in accordance with the ASHP Accreditation Standards and ASHP Educational Outcomes, Goals, and Objectives for a PGY1 Managed Care Pharmacy residency and utilizes the Residency Learning System model. This program has a four-part assessment strategy of learning experiences: resident evaluation of learning experience, resident evaluation of preceptor, resident self-evaluation, and preceptor evaluation of the resident’s performance during the learning experience.
Please check out the F.A.Q. for application deadlines and interview dates.