Michael Thai Ma Pharm.D., Mba Email & Phone Number

Downers Grove, Illinois, United States

-Responsible for maintaining clinically sound and cost-effective formularies across multiple states-Lead formulary operations related to weekly drug file updates, ad hoc configuration changes, and quarterly Pharmacy and Therapeutics Committee decisions, including all applicable regulatory requirements pertaining to member and provider notification.-Collaborate with state agencies, analytics, finance, government affairs, pharmacy benefit manager, and other cross-functional… Show more -Responsible for maintaining clinically sound and cost-effective formularies across multiple states-Lead formulary operations related to weekly drug file updates, ad hoc configuration changes, and quarterly Pharmacy and Therapeutics Committee decisions, including all applicable regulatory requirements pertaining to member and provider notification.-Collaborate with state agencies, analytics, finance, government affairs, pharmacy benefit manager, and other cross-functional areas to ensure compliant implementation and maintenance of all formularies-Responds to internal/external audits and surveys related to formulary functions, and develops corrective actions or process improvements, including documentation of required activities-Subject matter expert on all regulatory requirements related to drug formularies and pharmacy operations-Performs oversight of vendor activities related to business functions and operations-Defines and enhances business requirements to support efficient formulary submissions, reporting, external member/provider communication and web publishing-Support the Molina Health Plan pharmacy executives to ensure they have analysis-based justification for the launch/continuation of pharmacy cost management strategic initiatives-Analyze dashboards/reports to support effective tracking of performance and outcomes in connection with pharmacy cost management strategies Show less

Oak Brook, Illinois, United States

- Conducted medication therapy management (MTM) reviews for patients with chronic conditions, focusing on optimizing drug therapy and promoting adherence.- Collaborated with interdisciplinary healthcare teams to ensure safe and effective medication use.- Implemented drug utilization review programs and monitored prescription claims data to identify potential issues.- Provided patient counseling on proper medication administration, potential side effects, and drug interactions.-… Show more - Conducted medication therapy management (MTM) reviews for patients with chronic conditions, focusing on optimizing drug therapy and promoting adherence.- Collaborated with interdisciplinary healthcare teams to ensure safe and effective medication use.- Implemented drug utilization review programs and monitored prescription claims data to identify potential issues.- Provided patient counseling on proper medication administration, potential side effects, and drug interactions.- Contributed to the development of pharmacy policies and procedures to maintain regulatory compliance. Show less

Northbrook, Illinois, United States

- Serve as the primary point of contact for assigned health plan clients, ensuring their needs and objectives are met.- Collaborate with healthcare providers to implement medication management programs that improve patient outcomes and reduce healthcare costs.- Conduct comprehensive medication reviews, identify drug therapy problems, and develop interventions to optimize patient care.- Monitor and analyze prescription claims data to identify trends and opportunities for cost… Show more - Serve as the primary point of contact for assigned health plan clients, ensuring their needs and objectives are met.- Collaborate with healthcare providers to implement medication management programs that improve patient outcomes and reduce healthcare costs.- Conduct comprehensive medication reviews, identify drug therapy problems, and develop interventions to optimize patient care.- Monitor and analyze prescription claims data to identify trends and opportunities for cost savings.- Actively participate in formulary management and drug utilization review to ensure compliance with industry standards and regulations.- Provide clinical expertise to support prior authorization decisions and drug coverage determinations.- Develop and deliver client-specific educational programs and materials to enhance understanding of medication management initiatives.- Effectively communicate complex clinical concepts to both internal teams and external clients.- Stay current with industry trends, regulations, and best practices to drive continuous improvement in medication management programs. Show less

Chicago, Illinois, United States

• Managed daily pharmacy operations, ensuring the safe and efficient dispensing of medications.• Conducted medication therapy reviews and provided clinical consultations to patients, enhancing medication adherence.• Implemented inventory control measures, reducing excess stock levels, and minimizing waste.• Maintained compliance with state and federal regulations and ensured the accuracy of controlled substance records.• Collaborated with healthcare providers to optimize… Show more • Managed daily pharmacy operations, ensuring the safe and efficient dispensing of medications.• Conducted medication therapy reviews and provided clinical consultations to patients, enhancing medication adherence.• Implemented inventory control measures, reducing excess stock levels, and minimizing waste.• Maintained compliance with state and federal regulations and ensured the accuracy of controlled substance records.• Collaborated with healthcare providers to optimize medication regimens and improve patient outcomes. Show less

Master Of Business Administration - Mba, Entrepreneurship, 3.81

Activities and Societies: To be determined.

Doctor Of Pharmacy (Pharm.D.), Pharmacy

Bachelor'S Degree, Bioc