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Micro-Diploma

Pharmacy Benefits Management

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Table of Contents

Educational/Informational Non-Diagnostic Non-Clinical

This course provides educational information and does not replace professional medical advice, diagnosis, treatment, or clinical judgment.

Pharmacy benefits management transforms the way healthcare organizations control drug costs while ensuring patients receive safe and effective medications.

1,400+ enrolled this week
Structured Phased path
Viable Real-world examples
Progressive Job-aligned skills
Rising prescription drug costs and complex reimbursement structures challenge healthcare administrators. Understanding pharmacy benefits management helps professionals optimize formularies, negotiate contracts, and maintain regulatory compliance. Explore the Free Section on Pharmacy Benefits Management

What You Will Learn

  • 1 Learn the foundational components and stakeholders of pharmacy benefits management.
  • 2 Understand pharmacy benefit design and formulary management strategies.
  • 3 Explore drug pricing models and reimbursement mechanisms.
  • 4 Analyze utilization management techniques including prior authorization and step therapy.
  • 5 Implement effective pharmacy network management and contracting.
  • 6 Evaluate specialty pharmacy management for high-cost medications.
  • 7 Apply data analytics to improve pharmacy benefit performance and reporting.
  • 8 Comprehend regulatory requirements impacting pharmacy benefits including HIPAA and Medicare Part D.
  • 9 Develop communication strategies for members and providers regarding pharmacy benefits.
  • 10 Identify future trends shaping the pharmacy benefits landscape.

What's Included

Core self-paced training
Verifiable certificate
Contemporary insights
100% text-based
Download Category Standard Resources

Worth $98 — Included Free

Industry Glossary
Resources & Links
Case Studies
Templates
Q&A Bank
Playbook
Startup Guide
Career Guide

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