A Regional Pharmacy Buying Group that Understands the Unique Needs of an Independent Pharmacy.

The Southern Pharmacy Cooperative was formed in 2005 out of the desire of independent pharmacy owners to create a pharmacy-owned and run cooperative. Tired of feeling that they were merely putting money in the pockets of buying groups and wholesalers and receiving little to nothing in return, they created the Southern Pharmacy Cooperative.

Their primary goal was to find a regional, independent wholesaler that understood the unique needs of an independent pharmacy. This meant finding a wholesale partner that did NOT service mail order facilities or retail chain pharmacies. It also meant finding a partner that was not preparing itself for sale to the highest bidder, which had been the case with many regional wholesalers in recent years.



The Right Wholesaler

They found that wholesale partner in Morris & Dickson, a full line wholesale pharmaceutical distributor owned and operated by the 5th generation of the Dickson family.  With high service levels and personalized support, M&D is recognized as one of the country’s oldest and most successful pharmaceutical wholesaler organizations.


 
Third Party Assistance

With third party payers and contracts critical to the success of an independent pharmacy, it was important to offer these services without tying the hands of pharmacies. Too many independents still wear the scars suffered when trying to move from the “free” third party service they received from their large, national wholesaler. To this end, SPC forged a relationship with Third Party Station to assist in contracts and reconciliation for retail pharmacies. As an independent entity, Third Party Station does not require that you buy a minimum amount from any wholesaler. SPC also works to insure that this is a good fit for your particular pharmacy. For example, Long-term-care pharmacies and rural pharmacies might be better served working with other partners and it’s important to SPC that we help you find the right fit for your specific needs.

 
Strong Vendor Relationships

Southern Pharmacy Cooperative actively seeks relationships that will be of benefit to your business.  We are proud to be aligned with numerous partners in the pharmaceutical and business community.  Vendors are approved by your board of directors and must ensure to provide SPC members with the highest service levels and support.  These programs and contracts offer many unique and cost saving benefits designed to be attractive to our independent pharmacy members.

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