EPIC Pharmacies
Who owns EPIC Pharmacies, Inc.?
EPIC Pharmacies is a cooperative organization. It is owned by its members and directed by a board of directors comprised of independent pharmacy owners.
What does it cost to join?
The membership cost of EPIC Pharmacies is $150 per month.
How long is the membership contract?
Membership is month-to-month. You can terminate your membership at any time.
What is the membership application process?
Application instructions can be found here.
How are rebates distributed?
Each month you will receive a direct deposit from EPIC Pharmacies based on your compliance and volume levels with our vendors. Because we are a cooperative, profits are distributed to members at year-end. Distributions return whatever money remains after paying corporate expenses proportional to your compliance and volume.
What are EPIC Preferred® contract rebates?
The EPIC Preferred® program is built upon the formulary concept to volume buy and collect corresponding rebates for both branded and generic pharmaceuticals. It currently includes more than 7,000 SKUs and is built around our wholesaler/manufacturer/distributor agreements.
Up front, members receive off-invoice savings (discounts from list pricings). Members also receive rebates for compliance, market share percentage, and membership involvement in the programs (volume incentives).
For more information on this program, contact us here.
What about co-op distributions?
Who can become a board member?
EPIC Pharmacy Network
What will membership in EPN cost?
How often will EPN send me money?
EPIC Pharmacy Network pays pharmacies via electronic funds transfer (EFT) five times per week (each federal banking day). There are no mailing delays. EPIC Pharmacy Network does not purchase or advance receivables due to the pharmacy from third-party payers. EPIC Pharmacy Network simply works as a pass-through for the funds due the pharmacy by third-party payers.
