December 26, 2014 4:54 PM ET

Healthcare Providers and Services

Company Overview of Innovatix, LLC

Company Overview

Innovatix, LLC, a non-acute care group purchasing organization, provides group purchasing and consultative services to a membership base of non-acute care pharmacy and institutional providers in the United States and Puerto Rico. It offers negotiated contract discounts for various product categories, including blood products (IVIG); capital equipment; enteral nutrition products and equipment; foodservice distribution, supplies, and equipment; medical supplies; laboratory services and supplies; office and IT equipment and supplies; facility management/MRO equipment and supplies; service agreements; technology/clinical software; and vaccines. The company’s programs and services include group p...

555 West 57th Street

12th Floor

New York, NY 10019

United States

Founded in 1993

Phone:

212-701-1343

Fax:

646-638-2641

Key Executives for Innovatix, LLC

Senior Vice President of Senior Living & Long Term Care Pharmacy
Senior Vice President of Contracting Services
Senior Vice President of Infusion Services & Strategic Development
Senior Vice President of Specialty Pharmacy
Compensation as of Fiscal Year 2014.

Innovatix, LLC Key Developments

Medicine Chest Pharmacy Selects Innovatix as its Exclusive Group Purchasing Organization

Innovatix welcomed Medicine Chest Pharmacy (Sulphur Springs, Texas) to its long-term care pharmacy membership. Medicine Chest operate three closed-door pharmacies (in Sulphur Springs, Bryan/College Station, and Houston).

The Great Atlantic & Pacific Tea Company, Inc. Signs Three-Year Agreement with Innovatix, LLC

The Great Atlantic & Pacific Tea Company Inc. announced that it has signed a three-year agreement with Innovatix, LLC. Under the agreement, Innovatix will serve as A&P's exclusive provider of specialty pharmacy services. Through Innovatix Specialty Pharmacy Management, a turnkey and à la carte solution for retail pharmacies to seamlessly expand into the specialty market, A&P will receive access to specialty medications, as well as essential back office services including dispensing, data management, clinical and reimbursement support, patient financial assistance, and more. In addition, A&P will be able to access the extensive contract portfolio of total business solutions Innovatix shares with its national partner Premier Inc.

PharMerica Corporation Signs Exclusive Agreement with Innovatix, LLC

PharMerica Corporation has signed a three-year agreement with Innovatix, LLC. Under the agreement, Innovatix will serve as PharMerica's exclusive GPO beginning January 1, 2014, and will support PharMerica's institutional and specialty pharmacy purchasing needs through Innovatix's network of pharmaceutical and ancillary suppliers. Innovatix will also work with Premier, a leading healthcare improvement company, to ensure Pharmerica is using appropriate products to support its contracting needs. Additionally, PharMerica will be a member of InnovatixCares, LLC whose objective is to achieve better patient care through effective integration of post-acute care providers and emerging Accountable Care Organizations (ACO). InnovatixCares is working with Premier's PACT Population Health Collaborative to create a comprehensive ACO solution linking providers across the care continuum.

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