Pharmacies encounter a spectrum of hurdles: industry consolidation, dwindling reimbursements, pricing complexities, and heightened regulatory scrutiny. A key strategy to support these challenges is finding a group purchasing organization (GPO) and benefiting from their collective buying and negotiating power. With Innovatix GPO, pharmacies can lower procurement costs, improve their profit margins, and remain competitive in the market.
Innovatix is a leading force in the home infusion, long-term care, retail, mail order, and specialty pharmacy industries. They have a contract portfolio built on over $44 billion in purchasing volume and over 2,000 unique contracts. Customers can access needed inventory and realize improvement in their financials and operations with the Innovatix GPO.
Members benefit from a readily available team of pharmaceutical supply chain experts as well as discounted pricing on over 15,000 products, including branded and generic pharmaceuticals, compounding products, diabetic supplies, and over-the-counter medications.
Innovatix also offers pharmacies valuable resources like market insights, compliance support, and networking, enhancing operational efficiencies and addressing patient needs.
Innovatix, a Premier, Inc. company, is a national group purchasing organization that provides strategic purchasing solutions and operational support to help pharmacies and other non-acute healthcare providers thrive. We supplement our industry-leading purchasing program with a consultative approach, in-depth analytics, vast healthcare expertise, and value-added and fee-based services specific to our members’ needs.
Marti Jones brings more than 20 years of integrated communications experience from world-renowned organizations. Marti’s career has grown from raising awareness and funds for the American Red Cross before and after 9/11 to leading strategy for brands such as Mayo Clinic, Duke Health, and M Health Fairview, which included communications for change management and COVID-19. Marti's messaging portfolios are supported by her academic background and proven methodology, as she taught writing at the University of Minnesota and honed her craft at UnitedHealth, UCare, and RXinsider, Revel Health and Hill and Knowlton. Marti received her master’s degree in public affairs and administration from George Washington University and Bachelor of Arts degrees in communications and psychology from Augustana University.
This post is related to:
GPOs, Buying Groups, COOPs
