Physical

In-house
pharmacy solved

Alchemy provides everything you need to build, deploy and operate a best-in-class pharmacy program within the walls of your clinic.

Seamless patient messaging icon

Improve patient
access

Maintain a compliant program icon

Maximize 340B net proceeds

Monitor your performance in real-time icon

Own your in-house pharmacy, outsource operations

Bring the pharmacy to your patients

We begin by building your in-house pharmacy. We determine the optimal location for your pharmacy while ensuring compliance with your State’s Board of Pharmacy (BoP) requirements. We offer recommendations for the build-out and collaborate closely with your contractor to ensure your pharmacy launches as efficiently and compliantly as possible.

NOV
2023

It all started with a vision
of converting an exam
room into a pharmacy...

DEC
2023

Construction begins

FEB
2024

Board of Pharmacy inspection
and licensing approval

JULY
2024

First prescription dispensed

AUG
2024

Our vision is now a reality and
we celebrate together the launch
of CCR’s new in-house pharmacy
in Haines City, Florida.

NOV
2023

Clinic and pharmacy construction
begins for a new location

FEB
2024

Construction complete, ready
for pharmacy application

FEB
2024

Board of Pharmacy inspection
and licensing approval

The Center is the heart and home of the LGBTQIA+ community in Las Vegas, providing a safe space for patients and their loved ones.

I'm proud of my son because they has enough trust in me to come out to me without fear of judgment.

OCT

2024

We are now ready for launch in Las Vegas! Expected first prescription in December.

NOV
2023

Equality Health’s in-house pharmacy achieve ROI break-even in just 13 weeks post launch

DEC
2023

Equality Health used 340B proceeds to buy a mobile clinic, expanding patient outreach. In the past year, they tripled their pharmacy program's size.

JUN
2024

Equality Health continues to hit monthly record highs in terms of number of prescriptions filled, medication adherence, and revenue.

Dr. Tomas Wharton

Florimed

Trenise Bennett Lewis

Flex4Medical

Cody Turpin

Equality Health

Dr. Tomas Wharton

Florimed

Trenise Bennett Lewis

Flex4Medical

Cody Turpin

Equality Health

I decided to set up an in house pharmacy because that way we could give the medicine to the patients right there, immediately. From a clinical perspective, they should have their medicines right away.

An in-house pharmacy just gave me a lot of relief because I can now be more hands on and monitor whatever is needed for my patients, while Alchemy handles the rest.

Alchemy has been a game changer. If you want your program to survive you need your own in-house pharmacy. That's the only way to control your own destiny.

Manage a compliant pharmacy

Alchemy provides the subject matter and project management expertise to secure all necessary licenses, permits, payor agreements and vendor contracts, to open your pharmacy and maintain on-going compliance. From DEA and BOP applications and inspections, to PBM audits, PSAO and wholesaler contracts and everything in between, we handle every detail with precession. Alchemy’s team has decades of experience building and operating pharmacies, ensuring your pharmacy operates efficiently and adheres to all regulations.

Maximize your 340B savings

Alchemy maximizes your clinic’s retention of 340B savings, empowering you to focus on meeting the social and health needs of your community. 

Transparent, competitive pricing

Industry-leading pricing with no hidden fees. On average our covered entity partners retain an additional 25%+ of 340B proceeds compared to contract pharmacy relationships.

01

Flexible working capital financing

Launching an in-house pharmacy is expensive. Alchemy provides financing for upfront build-out and inventory until your pharmacy is financially sustainable.

02

Expand the size of the pie

You not only retain more pharmacy proceeds, but we also grow your patient population through improved retention and adherence, and linking new patients to care through clinical programs. Read more

03

From idea to grand-opening in under 6 months

Week 1-3

Rx Analysis

Ingest EMR data and estimate on-site pharmacy ROI

Contracting and Paperwork

Alchemy and Covered Entity sign Master Service Agreement (MSA)

Week 4-5

On-Site Visit and Pharmacy Design

Identify pharmacy location, design build out

Project Kickoff and Data Gathering

Gather data for upcoming BOP, DEA, NPI, NCPDP, State Medicaid, and PTAN applications

Week 6-12

BOP and CSR Applications

Complete Board of Pharmacy (BoP) and Controlled Substance Registration (CSR) applications

Pharmacy Build Out and BOP Inspection Prep

Prepare for, schedule, and support BoP inspection. Establish policies & procedures, develop trainings, and install pharmacy software

Week 12-16

BOP Inspection

Alchemy team is onsite to manage the inspection process with the BOP inspector

DEA Application and Inspection

Alchemy applies for the DEA license on your behalf. Post DEA, apply for NCPDP, NPI, PTAN and State Medicaid

Week 16-19

Hiring and Training

Pharmacist in charge is hired hires technicians and begins training

Establish Wholesale Purchase Accounts and PSAO contracts

Establish Pharmacy Services Administrative Organization (or PSAO) and wholesaler contracts

Week 19-20

Kickoff PBM network enrollment

Initiate process for any PBM requiring direct enrollment

Launch readiness

Order pharmacies supplies and initial inventory, develop pharmacy workflow and security testing

Week 22-24

Pharmacy Launch and Rx Dispense

Scripts begin to be written directly to the on-site pharmacy for dispense

Rx Volume Ramp

Ramp on-site pharmacy volume as PBM contracts are established

Let us transform your physical space into an in-house pharmacy