Industrial Pharmacy Management, LLC
Turn key physician office dispensing program
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Financial Return
IPM is commited to ensure that all customers realize a positive financial return in addition to the enhanced patient care and operational benefits that can be realized by allowing us to manage their in-house programs. We achieve these results by providing the following capabilities and experience:  
 
Leveraging our volume, our experts in procurement continuously negotiate key supplier contracts that deliver significant medication savings to the client. IPM typically purchases medications at 60-80% below the levels available to most physicians.
Using our more than 8 years of experience in revenue cycle operations for in-house, retail and mail order pharmacy and dispensing operations, we streamline billing, collections and lien services to collect 20% to 30% more than what is achieved by an individual practice.
Delivering tight controls through our five-way matching inventory
management system ensures that medications are dispensed prior to expiration and more importantly allows us to monitor the precise whereabouts of each pre-packaged medication throughout the dispensing process.
Providing monthly management reports including narrative explanations, cashflow and accrual based income statements that deliver the necessary details for you to easily understand your program's performance down to the penny for each location and prescriber.
Offering the most comprehensive and user-friendly dispensing software in the market, IPM delivers significant efficiencies and can fully integrate into the work flow of your practice management system.
Physical medication storage and security (i.e. locked cabinets, identification of medication rooms, installing appropriate security systems, etc.).
 
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Pre-packaged medications
  Pre-Packaged Medications
  IPM partners directly with pre-pack medication manufacturers that meet our strict criteria for compliance, safety, effectiveness, availability and quality.
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Turn-key office dispensing
  Turn-Key Office Dispensing
  Using a turn-key process, IPM can get a provider organization started on their in-house medication dispensing program in as little as one week.
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20377 SW Acacia Street, Newport Beach, CA 92660-0780 • 800.803.7776 • info@ipmrx.com
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