Purchasing Power
Pharmacy Purchasing and Compliance with IPC
Simplify Your Pharmacy Purchasing Process, Saving You Money and Time
IPC has been working with thousands of stores for over 40 years to develop the resources and tools you need to implement a system that works for you.
IPC delivers this in four ways:
- World-Class Supply Agreement: With options for you to choose from, IPC’s supply agreement can save you thousands on your purchases, while giving you the option to choose which purchasing method is right for your pharmacy.
- The Nation’s Premier Backup Generic Contract with Pharmacy Select (RTL-2): Access to over 8,300 products including generic and OTC branded medications directly through McKesson Connect.
- Secondary Wholesaler Sourcing: Find competitive pricing on brands and generics to keep your costs low with the IPC Warehouse.
- Purchasing Compliance: As supply agreements and primary vendor agreements have evolved, they now include compliance ratios you need to meet to maximize rebates. Access our suite of tools designed to streamline your purchasing strategy.
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Word-Class Supply Agreement
IPC has two supply agreement options, giving you the power to purchase your way.
Why Choose IPC?
- Leverage our alliance with McKesson to enhance your purchasing power.
- Choose an agreement that aligns with your unique business needs.
- Benefit from the knowledge and experience of our dedicated team.
- IPC gives back 100% of your rebates and admin fees.
- Earn equity – you also earn back your portion of the profits from the cooperative.
- Member owned cooperative – you run your business and can trust that owners like you are guiding.
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Premier Backup Generic Contract – Pharmacy Select (RTL-2)
Representing over 6000 community pharmacies nationwide, Pharmacy Select was created to bring competitive pricing and portfolio depth to their members. For a pharmacy with $4 million in annual revenue, this translates to $50,000 in yearly savings!
- Improve Generic Compliance Ratio (GCR)
- Earn Quarterly Rebates
- Invoice Level Discounts
- Access to Brand and Generic Drugs
How Can Pharmacy Select Save You Money?
Enter your generic spend to see you how much you can save.
| Total 2024 Generic Spend: | |
| Or Most Recent Month Spend: | |
| Estimated Annual Savings (8%): | $0 |
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Secondary Wholesaler Source
For those savvy pharmacies who understand their compliance metrics, they recognize that partnering with a secondary wholesaler is key to optimizing their drug costs.
- Access to both Brand and Generic Drugs
- Competitive Pricing
- Free Shipping with Low Minimum Orders
- Easy Ordering
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Purchasing Compliance
A Winning Purchasing Strategy is the Cornerstone of your Pharmacy’s Success, IPC gives you the Tools to Enhance Your Pharmacy and Reclaim Your Time and Passion.
- SureCost – This tool offers real-time data on drug prices, inventory levels, and compliance requirements, making it an indispensable asset for your pharmacy.
- RxAssassins – Rx Assassins specializes in comprehensive wholesaler contract management, providing real-time monitoring and reporting to ensure your pharmacy stays compliant and maximizes savings.
- CheckMyRxCost – Is an AI-powered procurement tool that provides real-time data on pricing, inventory levels, and rebate status, ensuring you always make informed purchasing decisions.
- Pharmacy Marketplace – Make quick and intuitive purchasing decisions with real-time brand and generic budgets derived from your pharmacy’s data.