Established in 1983 by H. Joseph Schutte, RPh/CEO, GeriMed offers unique contracts and services to long term care "closed door" pharmacies throughout the United States.
 
 

IVMed is a purchasing organization providing contracts and services to home care infusion pharmacies providing enteral and parenteral therapy throughtout the United States.


COMPONENTS OF THE IVMed PROGRAM:

  • Injectable Drugs
  • Parenteral, Enteral, and Irrigation Solutions and Sets
  • Parenteral, Enteral, PCA, and Infusion Pumps (rental or purchase)
  • Non-Pharmaceutical Products (dressings, gloves, syringes, etc.)
  • Durable Medical Equipment

This program is available to all pharmacies, retail or "closed door", providing enteral and parenteral therapy directly to home care patients. A statement certifying that the services and products provided are for the direct use of the home care patient is required ("own use statement"). The purpose of the statement is to ensure drug manufacturers that their products are not being resold to physicians, wholesalers, etc. or sold to a non-home care patient. The pharmacy should be utilizing an IV hood to provide an admixture service.

"OWN-USE" FOR THE HOME CARE PROGRAM DEFINED:

The therapy (products and service) may be sold directly to a home care patient or his/her third party payer.

The therapy may be sold to a patient receiving administration of the therapy in a physician's office as long as the therapy is part of an admixture service. (The drugs must be prepared at the pharmacy for administration by staff at the physician's office).

The therapy may be sold to home health care agency if the product is part of an admixture service or if the patient (or third party payer) is directly billed for the products.

The therapy may be sold to nursing home and hospice patients.

Each company may require the pharmacy provider to sign a specific criteria or "own-use" statement as per their policy. Each company has the right to decide final eligibility for access to their contracts by the IVMed member. Some manufacturers may require members to be "closed door" in order to access pricing.

   
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