H. D. Smith, the largest independent wholesaler in the U.S. and a leading pharmaceutical brand support company, today announced a partnership with the Enhanced Service Pharmacy Alliance (ESPhA), a quality focused, next-generation group purchasing organization (GPO).
This partnership allows ESPhA members access to H. D. Smith’s full product line, including its formulary of 9,000 generic Rx items. It also helps ESPhA members build on their already successful businesses through H. D. Smith’s consultant-style account management.
“Our strategic account executives are armed with information, vendors, programs and pharmacy solutions to help independent pharmacies find their niche in a community and thrive,” says Chris Smith, president and CEO, H. D. Smith. “By partnering with like-minded pharmacies who are searching for this kind of consultative relationship, we can develop a true ‘win-win’ for both sides. Because we have been supporting independent pharmacies since our founding in 1954, H. D. Smith was a natural fit for this group of driven, community-focused pharmacists.”
ESPhA, a true next-generation GPO, was created to serve, support and aggregate high-performing community pharmacies. High-quality pharmacies must be nimble and aggressive to remain viable in today’s rapidly evolving healthcare system. Pharmacies must offer local services beyond basic prescription dispensing to remain relevant and thrive in the future. The Enhanced Service Pharmacy Alliance was built to ensure community pharmacies are relevant and profitable, by assisting in the implementation and delivery of enhanced pharmacy services, as well as, providing support and quality assurance for the delivery of those services.
“ESPhA’s leadership team has a long and diverse history of experience throughout pharmacy and pharmacy supply chain channels,” said ESPhA CEO Alan Wilson. “Additionally, ESPhA partners with industry leaders like H. D. Smith and MedHere Today Consulting to offer our community pharmacy members the most aggressive, diverse, and comprehensive support system in the pharmacy industry. ESPhA’s unique services create opportunities for pharmacists to see beyond the prescription counter, past the day-to-day struggle with reimbursement and DIR issues, and focus on the future of their pharmacy practice. It is ESPhA’s mission to not only ready our pharmacy members for performance in a quality-driven health environment, but to identify, and even help develop, new, clinically relevant revenue streams for the pharmacy.”
The Enhanced Service Pharmacy Alliance (ESPhA) is the pharmacy industry’s only next generation Group Purchasing Organization (GPO). ESPhA’s mission is to foster an alliance of like-minded, quality-driven, patient-focused pharmacies, facilitate the purchase of competitively priced medications and patient care supplies, all while providing support and quality assurance for the pharmacies’ non-traditional, enhanced service based revenue opportunities.
About H. D. Smith
H. D. Smith is the largest, privately held national wholesaler, with a complete line of healthcare products and solutions to improve patient care. The company creates value and an extraordinary customer experience by impacting the healthcare supply chain. Bridging the gap between manufacturer and patient, H. D. Smith’s specialty solutions division offers a unique suite of strategic programs for patient access on behalf of pharmaceutical suppliers. Headquartered in Springfield, Illinois, H. D. Smith also operates CompleteCare Pharmacy, Smith Medical Partners, Triplefin and Valley Wholesale Drug.