PURPOSE OF PGY1 MANAGED CARE PHARMACY RESIDENCY

From the Accreditation Standard prepared jointly by ASHP and AMCP:

PGY1 Managed Care pharmacy residency programs build on Doctor of Pharmacy (Pharm.D.) education and outcomes to develop managed care pharmacist clinicians with diverse patient care, leadership and education skills who are eligible for board certification and postgraduate year two (PGY2) pharmacy residency training. A managed care residency will provide systematic training of pharmacists to achieve professional competence in the delivery of patient care and managed care pharmacy practice.

CLAREST HEALTH PGY1 PROGRAM SPECIFIC DETAILS

Clarest Health provides clinical program and medication management software and services to long-term care facilities (LTCs), managed care organizations (MCOs), prescription benefit managers (PBMs), accountable care organizations (ACOs) and self-insured employers.  

In this environment, PGY-1 training will immerse the resident in the implementation and operation of medication management and clinical programs.  Residents will participate in the design and development of clinical programs with a special emphasis on the management and maintenance of drug information reference databases.  Finally, residents will be exposed to the sale and marketing of clinical programs across a wide variety of managed care organization types and sizes.  The resident will gain an understanding of foundation managed care concepts (e.g. formulary management and benefit design) with a strong focus on direct provision of patient care, clinical program development, and medication management program implementation and administration. Residents will gain experience in providing clinical services at both individual and population levels. Clarest residents will develop an especially firm grasp of the pharmacist’s role and function in a Medicare Part D environment.   

Graduates of this program will be prepared to step into a clinical program management role in a variety of environments.  Most importantly, this residency strives to instill graduates with enthusiasm for the profession, problem solving, and personal growth, while holding them to the highest ethical standards.  This residency graduates pharmacy leaders who are dedicated to a career of pharmacy service and have potential for future development to assume the uppermost responsibilities of leadership and citizenship in the medical community. Graduates of the PGY-1 Residency will be prepared to enter clinical practice, a fellowship program, or a PGY-2 residency. 

The Clarest Health Managed Care Pharmacy Residency Program is committed to providing a residency program that meets the accreditation standards and underlying principles set forth by ASHP/AMCP for PGY-1 Managed Care Pharmacy Residency Programs.  The program is adapted to the unique goals, objectives and career plans of the resident.  Residency program requirements may be altered due to changes as required and directed by ASHP guidance. 

REQUIREMENTS AND RESPONSIBILITIES OF RESIDENTS

Citizenship

Pharmacy residents at the Clarest Health PGY-1 Managed Care Pharmacy Residency must be U.S. citizens OR have a valid VISA which will allow for completion of the program. 

Pharmacy Education

Pharmacy residents must be graduates of a Doctor of Pharmacy (PharmD) program that has active candidate or accreditation status with the Accreditation Council for Pharmacy Education (ACPE) or has a Foreign Pharmacy Graduate Examination Committee (FPGEC) certificate from the NABP.

Licensure

For initial acceptance in the Clarest Health PGY1 Managed Care Pharmacy Residency Program, the applicant must meet the pharmacy education requirements above and must have an active pharmacy intern license or active pharmacy license in any U.S. state or territory. The applicant, if unlicensed, must be eligible for licensure in any U.S. state or territory.  

After beginning the residency, the Pharmacy Resident will have until November 1 of that same year to become licensed in any state as a pharmacist, which consists of passing both the NAPLEX exam provided by NABP, the respective state Law Exam provided by the state’s Board of Pharmacy, and any additional required state-specific licensure requirements. This is to ensure the pharmacy resident practices as a licensed pharmacist for at least two-thirds of their residency program year. 

If the resident is not licensed by November 1, the resident has failed to achieve licensure requirements and will be dismissed from the program.

In-Person Residency Program

The Clarest Health PGY1 Managed Care Pharmacy Residency Program has a required in-person component and does require the pharmacy resident to be physically located in the Buffalo, NY area for the full residency year, so that the resident is able to report into the physical office on a weekly basis. The resident does have the ability to work-from-home as needed for inclement weather or as directed by their preceptor(s). 

About Clarest Health

Led by pharmacists, Clarest Health cares for every patient individually & holistically. We embrace modern technology and personalized medication data analytics to support both professional care providers and home-based caregivers to Advance a Patient’s Health at Every Step on their wellness journey. Our team of pharmacy experts safeguard patients’ health as facility residents and as they transition to home through consistently evaluating their complement of medications for their unique conditions. By quickly and accurately providing easy-to-manage medications, we are an indispensable partner to ensure patients’ longer, healthier lives.

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