Pharmacy Networks play a critical role in ensuring efficient medication distribution, patient care, and operational support across hospitals, retail pharmacies, and healthcare facilities. These networks consist of pharmaceutical suppliers, wholesalers, and service providers that work together to streamline drug procurement, inventory management, and compliance with healthcare regulations. By leveraging their large-scale purchasing power, pharmacy networks help reduce costs, improve access to essential medications, and enhance supply chain reliability. They also provide technology solutions, such as automated dispensing systems and prescription management platforms, which improve efficiency and reduce medication errors. Additionally, pharmacy networks support specialty pharmacies, long-term care facilities, and hospital systems by offering clinical expertise, formulary management, and reimbursement solutions. Companies like McKesson, Cardinal Health, and Cencora (formerly AmerisourceBergen) lead the industry by ensuring that pharmacies have timely access to critical medications, over-the-counter (OTC) products, and emerging healthcare solutions. In an era where healthcare systems face rising costs and supply chain challenges, pharmacy networks are indispensable in maintaining quality, accessibility, and patient safety.
A pharmacy network is a group of pharmacies that have contracted with a health plan or pharmacy benefit manager to provide covered products and services to members.
In 2010, there were 23,064 independent pharmacies in the U.S. Independent pharmacies dispensed approximately 1.5 billion prescriptions annually accounting for nearly 40% of the retail prescriptions. The average independent pharmacy had total sales of approximately $4 million and average prescription sales of approximately $3.7 million per location (accounting for 92.5% of all independent pharmacy sales). Over 26% of independent pharmacy owners have ownership in two or more pharmacies. The average independent community pharmacy location dispensed 64,169 prescriptions (205 per day) in 2010, up from 61,071 in 2005.
Source: McKesson
The co-founders of the Innovation Business Network have been involved with independent pharmacies since the early 1990’s. Their programming included direct-store-delivery sections, grab-and-go sections, frozen food programs and more. Their history includes working with Medicine Shoppes, Health Marts and other chains and independents.
What is MDMeals: MDMeals is a medical industry culinary group founded by a team of physicians, registered dietitians, and seasoned experts in the food and restaurant industry. We specialize in providing tailored meals designed to address your specific chronic medical conditions. Our top- tier chefs craft delectable dishes, meticulously analyzed by our registered dietitians and overseen by our medical professionals to align perfectly with your medical needs. By choosing from our diverse menu options, you can avoid the hassle of meal preparation while adhering to your physician's dietary recommendations.
CBD Sections: The Pharmacy Network’s Team has a complete roster of the most popular CBD products (with educational materials for the employees and customers) including:
The Innovation Business Group was created to help start-up and emerging consumer brands understand the diversity of retail, food service, hospitality, medical and institutional channels that are out there to do business with.
* IBG is helping start-up and emerging brands with their sales and marketing efforts in relation to medical, wellness and nutrition formats.
The Innovation Business Group (IBG) is an extension of the Contract Manufacturing Alliance (www.ContractMFG.org) which helps consumer brands (of all-sizes) with their contract manufacturing search and relationship needs. Our roster of contract manufacturers, co-packers and packagers is over 43,000.
The Contract Manufacturing Alliance (Contract Manufacturers, Pilot Plants, Private Labelers, Commercial Kitchens, Food Innovation Centers and More) Was Created to Be the Key Resource For Anything to Do With Manufacturing Consumer Products (For Start-up and Emerging Brands).
Established in 1992, the Contract Packaging Association (CPA) is the national, non-profit trade organization dedicated to promoting the growth and welfare of firms in the Contract Packaging / Manufacturing industry and related businesses. We offer exposure and programs designed to foster growth within our member firms.
The Co-Packing Network is a comprehensive national Consumer Packaged Goods (CPG) advisory group deeply rooted in the diverse US and Canadian consumer product manufacturing industries. Celebrating our 100-year anniversary, our expansive history spans supermarkets, wholesaling, manufacturing, owning brands, and beyond.
The CPA's Request for Quote (RFQ) tool allows an automated submission to CPA Members to securely submit their project details and needs. Your Request for Quote will be dispatched to CPA Members whose capabilities match your project needs, and if they can assist you, will contact you directly about their services and capabilities.
The team manages the request all-the-way through to end up with successful results. We also can become a project manager to manage the whole process (search, secure and work with one or more contract manufacturers).
Our family has been involved within the consumer product industry (US based manufacturing, retailing, distribution) since the early 1920’s. From the first generation to the latest, our best practices have been handed down over time leading to a long legacy of successes in the business (manufacturing, retailing, distribution and more).