Welcome to Innovative Pharmacy Solutions

IInnovative Pharmacy Solutions (IPS) is the consulting arm of Towncrest Pharmacy Corporation. Towncrest Pharmacy Corporation owns and operates 6 community pharmacies, a long-term care pharmacy, and a cash-based practice—Towncrest Wellness Apothecary (TWA).  We have been in business and partners for the past 20 years with growth and expansion in the past few years.  The expertise we have developed is the result of our work in challenging the status quo of community pharmacy practice, developing disruptive practice/business models, and implementing new value-based clinical services.  We have been successful in diversifying our revenue sources so that we are thriving in the everchanging, ever evolving, and challenging health care system.  Our areas of expertise includes:​

1. Practice transformation Expertise
2. Clinical services Implementation and optimization
3. Implementing new practice/payment models (bypass PBMs)
4. Implementing value-based contracts with payers
5. Technician Optimization and Training
6. Technology Implementation
7. Financial Assessment
8. Marketing
9. Physician/Prescriber Collaboration
10. Durable Medical Equipment

Specialized areas of experience and expertise

• Mental Health and behavioral health 
• Geriatrics 
• Wellness programs 
• Hospice and palliative care
• Opioid stewardship 
• Long Term Care at Home
• Medication Management services
• Functional medicine
• Implementing social determinants of health (SDoH) services including the use of Community Health Workers
• Developing partnerships with key stakeholders e.g. social services, public health, city administrators, school administrators, community-based organizations

We can help you Make Every Encounter Count! 

The Tools You Need to Succeed.

Every pharmacy practice is unique. They serve different populations, with different needs. What might be a very successful strategy in on area may not be viable or successful in a different part of the state, region or country. We can help you determine which services, strategies, and opportunities will give you the best chance to THRIVE in your practice.

Any time you implement a new plan or strategy, you are committing real dollars hoping to see a reasonable return on your investment. We can help focus your approach, develop key performance indicators, measure success, and ensure you have the best chances to achieve your goals.