SUN PRAIRIE, Wis. — The Independent Pharmacy Cooperative and Pace Alliance will combine their respective buying groups, effective April 1.
Pace members will have the opportunity to become IPC members with access to all IPC programs and services, including the current IPC-McKesson supply agreement. This agreement does not alter the corporate structure, ownership, board of directors and management staff of Pace Alliance.
“I am extremely pleased for Pace to be partnering with IPC,” said Curtis Woods, president and CEO of Pace. “Not only does this benefit both organizations, it benefits all the independent pharmacies associated with both organizations. This is truly a Win-Win!”
According to a news release, Pace Alliance remains a “vital industry entity and leader focused on the success and support of independent pharmacy.” In addition, Pace Alliance will provide ongoing consulting services and advice to IPC regarding public affairs related to independent pharmacies, including state and federal government legislation and regulations affecting independent pharmacy, pharmacy education and pharmacy licensing. Pace will work with its affiliate state pharmacy organizations to mutually coordinate legislative activity with IPC’s Government Relations team pertaining to issues of common interest supporting independent pharmacies.
“IPC is continually looking for ways to bring added value to independent pharmacy,” Don Anderson, IPC president and CEO. “We must constantly look for paths to navigate the challenges in today’s marketplace. With this agreement, we add strength to our ability to secure even better opportunities, contracts and benefits for each of our pharmacy members. Pace and IPC are respected leaders in the industry and we are proud to move forward together.”
Pace Alliance, founded in 1985 and owned by 19 State Pharmacy Organizations, is a national buying group serving independent pharmacies.
IPC has grown to be the nation's largest group purchasing organization representing nearly 6,000 primary and affiliate members.