Pharmacy Counsel
Ro- Full Time
- Junior (1 to 2 years)
SmithRx is a rapidly growing, venture-backed Health-Tech company. Our mission is to disrupt the expensive and inefficient Pharmacy Benefit Management (PBM) sector by building a next-generation drug acquisition platform driven by cutting edge technology, innovative cost saving tools, and best-in-class customer service. With hundreds of thousands of members onboarded since 2016, SmithRx has a solution that is resonating with clients all across the country.
We pride ourselves for our mission-driven and collaborative culture that inspires our employees to do their best work. We believe that the U.S healthcare system is in need of transformation, and we come to work each day dedicated to making that change a reality. At our core, we are guided by our company values:
We are looking for a Commercial Counsel who will be responsible for drafting, negotiating, and closing commercial agreements to help drive our business forward in innovative ways to change the PBM market while managing risk. This role will also encompass contract management, legal research, and ensuring compliance with contractual obligations and company policies.
You will be a key partner to our Sales team, Revenue team, and Deal Desk function, ensuring all deals are executed with speed, ease, and accuracy. You will also be instrumental in creating continuous improvements and efficiencies within our contracting processes. Collaborating with our Clinical Strategy team, you will help develop innovative pathways to reduce drug costs for payers and patients and ensure these are accurately reflected in our commercial agreements.
You will be expected to handle legal issues with a creative and business-centric approach. The successful candidate will evidence a passion for impacting the U.S. healthcare ecosystem and be excited for the challenge of helping scale the legal function at a high-growth healthcare technology company. Top candidates will possess a valuable blend of experience from both law firm and in-house environments.
Pharmacy benefit management with transparent pricing
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.