RXinsider: Pharmacy Group Purchasing Organizations

Innovatix, LLC

Pharmacy Category:
Pharmacy Group Purchasing Organizations • Drug Buying Groups Pharmacy GPOs • Pharmacy Supply Chain Management

Innovatix, LLC is the largest independent group purchasing organization serving the alternate care marketplace today. With over 8,000 members nationwide, Innovatix is a leader in providing purchasing solutions for long term care (dispensing) pharmacies, retail and mail-order pharmacies, home infusion therapy providers, extended care providers, independent oncologists and independent physicians.

Members of Innovatix experience significant savings on brand name and generic pharmaceuticals, medical supplies, office and facility management materials, and even food and food services. There is no cost for membership, only the commitment to support our purchasing portfolio to the best of the member’s ability.

Innovatix, LLC offers value added programs at no additional cost.

Each month, we offer accredited continuing education opportunities for members. Through the Innovatix Educational Institute, we provide a lunchtime learning series entitled “Lunch ‘N Learn”, a one-hour “live” program designed to help our members meet their continuing education requirements to maintain their professional certification in the convenience of their own individual facility.

Through www.innovatix.com, our members have 24/7 access to their complete account information. Our user-friendly Web site offers members at all skill levels to access the latest pricing on supplies and pharmaceuticals, as well as reporting tools to track your purchasing.

At Innovatix, we have staff clinical pharmacists and physician consultants, who can assist our members with best practice procedures, provide insight into clinical trials and focus on patient clinical outcomes in the marketplace. The team of staff experts is available to answer questions regarding generic alternatives. Additionally, we focus on essential issues surrounding formulary management, medication error reduction, medication therapy management services, and quality and clinical business efficiencies.

On behalf of our membership, we have retained the services of a Washington D.C. based advocacy firm dedicated to representing our membership base on important legislative issues affecting the industry today. Through our advocacy initiatives, Innovatix has been working closely with leaders in Washington throughout the implementation of Medicare Part D to recognize and remedy the new challenges presented under this new legislation.

We place a high emphasis on the level of customer service we provide our members. By combining our knowledgeable and skilled internal customer care team with an accessible and responsive sales team in the field we are able to meet the specialized needs of each of our members.
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For more information please email us using the link below.

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Armada Health Care

Pharmacy Category:
Pharmacy Group Purchasing Organizations • Drug Buying Groups • Pharmacy GPOs • Pharmacy Supply Chain Management

Pioneering contract pricing for the Specialty Pharmacy market!

Armada Health Care is the nation’s largest Specialty Pharmacy Group Purchasing Organization and is leading the industry in establishing “Specialty Pharmacy” as a separate trade class. In 2007, Armada members collectively purchased nearly $10 billion in specialty pharmacy products. Armada and its members network together and promote to payers, physicians and drug manufacturers the many comprehensive, disease specific out-patient services provided by Specialty Pharmacy. Armada’s unparalleled success is driven by its ability to deliver new, never-before-seen specialty pharmacy contracts that provide enhanced profitability to their members. These unique contracts are supported by Armada’s proprietary and sophisticated prescription management solutions that compliment this focus on the specialty market.

Armada members dispense life-saving therapies for patients in many clinical disease states, such as:

Asthma
Cancer/Oncology
Chronic Fatigue
Crohn’s Disease
Cystic Fibrosis
Diabetes
Growth Hormone
Hemophilia
Hepatitis

HIV/AIDS
Infertility
Multiple Sclerosis
Organ Transplant
Plaque Psoriasis
Pulmonary Hypertension
Renal Dialysis
And others…

Armada members have access to their complete account information at any time on-line. The Armada Web site offers their members easy access to the latest pricing on supplies and pharmaceuticals, reporting tools that analyze current as well as historical purchasing data including market share trends by product. All of these tools are web-based can be viewed through the Armada Members Only web-site 24 hours a day/365 days a year.

Armada places a high emphasis on the level of customer service provided to their members. By combining an in-depth knowledge of the industry, skilled customer care representatives and a responsive national sales force, Armada is able to meet the total needs of each and every member.

The percentage of specialty pharmaceutical products contracted by Armada more than doubled in 2006 and the number of committed Armada specialty pharmacy members has increased more than 20-fold. Through a collaborative effort with its Specialty Pharmacy members, Armada continues to pioneer additional specialty contracts for other biotech and high-cost specialty medications as it also forges ahead in creating this separate trade class.

Armada Health Care: Pioneering…Collaborative…Results

For additional information, please contact Armada Health Care or visit our website through the links below.

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Hospice Provider Group

Pharmacy Category:
Pharmaceutical Buying Groups, Pharmacy GPO

Pharmacies • Hospices
Manufacturers

The Hospice Provider Group Inc. is a collection of pharmacies, hospices and medical equipment companies that provide materials for hospice use. Supplies obtained are specific for hospice use only and cannot be used for retail or other sales.

Hospice organizations are encouraged to join Hospice Provider Group, Inc. Hospices should request that their contracted suppliers become members of HPG. This will insure that those hospices can take advantage of the negotiated contracts.

Changes the classification of hospice patients to institutional
Brings together hospices and their providers to obtain favored pricing supplies
Alleviates the upward spiral of costs associated with hospice care
Obtains price reductions and value added services
Maintains a formulary specific to hospice
Publishes a newsletter of topics for the hospice market

Members may be pharmacies, medical equipment suppliers or hospices
Hospice members pay no fee to join HPG. Pharmacy members have a nominal, annual fee for membership in HPG
Members shall guarantee that products obtained through an HPG contract will be sold for hospice use only
Pharmacy members shall keep products obtained through HPG contracts separate from similar items for sale to any other market
Pharmacy members shall keep a record of products purchased under HPG contracts so that Hospice Provider Group, Inc. can guarantee suppliers that all items are being utilized for hospice care

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Amerinet

Pharmacy Category:
Pharmacy Group Purchasing Organizations • Drug Buying Groups • Pharmacy GPOs • Pharmacy Supply Chain Management