Commercial Counsel
Apollo.io- Full Time
- Junior (1 to 2 years)
Candidates should possess a Juris Doctor degree and be admitted to practice law in at least one U.S. state, with experience from both law firm and in-house environments preferred. Applicants must be based in Arkansas, Arizona, California, Colorado, Florida, Georgia, Kansas, Minnesota, Missouri, Nevada, or North Carolina.
The Commercial Counsel will draft, negotiate, and close commercial agreements to support SmithRx’s business growth, manage contractual obligations and company policies, conduct legal research, and ensure compliance with legal and regulatory requirements. They will serve as a key partner to the Sales, Revenue, and Deal Desk teams, contributing to efficient deal execution and continuous process improvements. The role will also involve collaborating with the Clinical Strategy team to develop innovative pathways for reducing drug costs and accurately reflecting these in commercial agreements, handling legal issues with a business-centric approach, and supporting the scaling of the legal function at a high-growth healthcare technology company.
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.