SmithRx

Clinical Account Manager

Remote

Not SpecifiedCompensation
Entry Level & New GradExperience Level
Full TimeJob Type
UnknownVisa
Health-TechIndustries

Requirements

Candidates must be based in one of the following states: Arkansas, Arizona, California, Colorado, Florida, Georgia, Kansas, Minnesota, Missouri, Nevada, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin. Applicants should possess strong industry and product knowledge, including insights on drug spend and utilization, clinical management strategies, medication alternatives, and formulary compliance. The role requires the ability to comprehend and effectively explain formulary and clinical program’s value proposition to clients, as well as a commitment to staying current with market trends and providing clinical market intelligence.

Responsibilities

As a Clinical Account Manager, you will collaborate with clients and account managers to provide clinical expertise, including insights on drug spend and utilization, clinical management strategies, and formulary compliance. You will analyze claims data to identify trends and cost savings opportunities, support communications of formulary changes and program updates, recommend clinical programs for clients to provide cost savings, and create and update clinical marketing materials. Furthermore, you will provide superior clinical consultation and account management with a focus on client satisfaction, client retention, and trend management, and incorporate treatment and practice guidance into your work.

Skills

Pharmacy Benefit Management
Clinical Consultation
Customer Relationship Management
Operational Leadership
Healthcare Industry Knowledge

SmithRx

Pharmacy benefit management with transparent pricing

About SmithRx

SmithRx operates as a Pharmacy Benefit Manager (PBM) that focuses on managing prescription drug plans for self-insured employers and plan sponsors. The company uses a transparent pricing model called "Pass Through Pricing," where it charges only an administrative fee and passes all rebates from prescriptions directly to clients and their members. This model contrasts with traditional PBMs that often inflate drug prices and retain rebates for profit. SmithRx's clients benefit from a technology platform that utilizes real-time data to improve service delivery, ensuring efficient and high-quality pharmacy benefit management. The company also provides a concierge service to enhance support for both members and clients. SmithRx aims to simplify pharmacy benefits while maximizing value for its clients through transparency, advanced technology, and exceptional customer service.

San Francisco, CaliforniaHeadquarters
2016Year Founded
$94.8MTotal Funding
SERIES_CCompany Stage
HealthcareIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Paid Holidays
Wellness Program
Commuter Benefits
Parental Leave
Mental Health Support
Professional Development Budget

Risks

Increased competition from technology-driven PBMs like Capital Rx could erode market share.
Rapid technological advancements may require costly updates to SmithRx's platform.
Potential regulatory scrutiny on PBM pricing models could impact SmithRx's business model.

Differentiation

SmithRx uses a transparent 'Pass Through Pricing' model, unlike traditional PBMs.
The company leverages real-time data for efficient pharmacy benefit management services.
SmithRx offers concierge-level service, enhancing customer satisfaction and support.

Upsides

SmithRx secured $60M in Series C funding, indicating strong investor confidence.
Partnership with Banjo Health enhances prior authorization processes using AI technology.
Collaboration with TheracosBio offers cost-effective drug options for Type 2 Diabetes.

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