Pharmacy Network Services

What Pharmacy Network Services does

Pharmacy Network Services (operating as PNS Pharmacy) is a private, multi-regional institutional pharmacy headquartered in Johnson City, Tennessee, with a secondary pharmacy operation in Gallatin, Tennessee. The company provides customized medication packaging, formulary management, clinical consulting, and transition support to skilled nursing facilities, assisted living facilities, transitional care programs, and residential care programs across Tennessee, Kentucky, Virginia, North Carolina, and South Carolina. Its product portfolio spans strip-packaging and blister card systems, the CubeX automated dispensing cabinet, medication carts with monitoring technology, infusion IV pumps, e-Prescribing, on-demand eMAR, online refills, and Mediprocity-based pharmacy messaging, alongside a company-owned delivery fleet with GPS tracking and twice-daily medication routes.

Pharmacy Network Services generates revenue primarily through institutional pharmacy dispensing contracts with long-term care facilities, supplemented by clinical consultant pharmacist services (policy and procedure development, QAPI meeting attendance, med cart audits, IV in-services) and formulary management services that reduce facility medication costs through therapeutic substitution protocols. Pricing is quote-based and negotiated individually with each facility, and the company positions itself as a relationship-driven alternative to large retail pharmacies, with documented customer relationships lasting 40+ years and one customer reporting 35% pharmacy cost savings in the first year after switching.

The company sells through a dedicated enterprise field sales team of Territory Account Managers covering specific regional territories, supported by direct-to-facility delivery operations and on-site training during new customer transitions. Headcount is in the 101-250 range, leadership includes multiple Pharm.D-credentialed personnel including a President, CFO, Pharmacist-in-Charge, Directors of Pharmacy, and a consultant pharmacist team, and the company states over 50 years of operational history serving the institutional medication distribution market.

Name

Pharmacy Network Services

Legal name

Pharmacy Network Services, Inc.

Website

https://pnspharmacy.com

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

101–250 employees

Short description

Pharmacy Network Services is a private, multi-regional institutional pharmacy serving skilled nursing, assisted living, transitional care, and residential care facilities across five southeastern U.S. states, providing customized medication packaging, formulary management, consulting, and technology-enabled dispensing through two Tennessee pharmacy hubs and a direct delivery fleet.

Ownership category

akta.pro rank

Product category

Long-Term Care Pharmacy Services

NAICS

Pharmacies and Drug Retailers (456110), Drugs and Druggists' Sundries Merchant Wholesalers (42421)

SIC

Retail-Drug Stores And Proprietary Stores (5912)

akta.pro primary industry

Pharmacy Benefit Management (PBM) & Pharmacy Network Administration (HLAFALAI)

akta.pro secondary industry

Mail-Order & Home Delivery Pharmacies (HLAFALAD)

Keywords

• Institutional pharmacy services
• Long-term care pharmacy
• Medication packaging systems
• Consultant pharmacist services
• Skilled nursing pharmacy

Headquarters

HQ city

Johnson City

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Institutional Pharmacy Services: Pharmacy services provided to institutional healthcare facilities including skilled nursing, assisted living, and residential care programs. Revenue is generated through dispensing medications, formulary management, customized packaging, and consulting services. The company operates as a pharmacy benefit manager and provider of medication distribution services to long-term care facilities.
2. Consulting Services: Clinical consultant pharmacist services including policy and procedure development, survey support, QAPI meeting attendance, med cart audits, and IV in-services for facility staff. These professional services complement core pharmacy dispensing operations.
3. Formulary Management: Cost-minimization services through therapeutic substitution protocols developed with medical directors. Generates revenue through reduced medication expenses for facilities and labor cost savings on prior authorizations.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Pharmacy Network Services (PNS Pharmacy) is a multi-regional institutional pharmacy that dispenses medications and provides customized packaging (strip packaging and blister cards), formulary management, consultant pharmacist services, process improvement and quality assurance support, transition coordination, and technology-enabled delivery to skilled nursing, assisted living, transitional care, and residential care facilities across the southeastern United States.

Product overview

Pharmacy Network Services operates as a multi-regional institutional pharmacy offering a unified portfolio of medication management products and services. The core offering combines customized packaging solutions (Blister Cards and Strip-Packaging System) with clinical services (Formulary Management, Consulting Services, Transition Services) and technology-enabled dispensing systems (CubeX Automated Dispensing Cabinet, Med Carts, Infusion IV Pumps, eMAR System, E-Prescribing, Online Refills). Services are delivered through a Reliable Delivery network with GPS tracking. The company serves Skilled Nursing, Transitional Care, Assisted Living, and Residential Care facilities across Tennessee, Kentucky, Virginia, North and South Carolina.

Differentiator

Problem solved

Functional benefit

Products and services

• Customized Packaging (Strip-Packaging System)

Quantifiable outcome

• 35% savings on pharmacy costs in first year compared to prior pharmacy provider
• +1 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature9 records

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• PharMerica/Pharmacy Corporation of America: Combined post-merger, this represents one of the largest LTC pharmacy platforms in the U.S. under PharMerica/BrightSpring. Comparable to PNS as a broad incumbent in the same space, with meaningfully larger scale and broader service lines.

Direct peers

• Guardian Pharmacy Services: An institutional pharmacy specializing in senior care, including SNFs, assisted living, and behavioral health, with a regional operating model that mirrors PNS's hub-and-spoke approach. Comparable in customer segments and service mix, though Guardian operates in more states.
• Remedi SeniorCare: A long-term care pharmacy serving SNFs, assisted living, and other senior care settings, with a focus on automated dispensing technology and clinical consulting. Comparable to PNS in customer mix and emphasis on packaging and dispensing technology.
• Omnicare: A leading long-term care pharmacy provider, now a subsidiary of CVS Health, serving SNFs, assisted living, and other institutional settings across the U.S. Directly comparable to PNS as a closed-door institutional pharmacy offering customized packaging, consulting, and formulary management to the same customer base, but at national scale.
• UnitedRx: A long-term care pharmacy providing institutional medication distribution and consulting services. PNS's billing portal is hosted at a UnitedRx domain, suggesting a partnership or technology relationship; comparable as a peer LTC pharmacy serving similar SNF and assisted living customers.
• PharmScript: A long-term care pharmacy providing medication dispensing, consulting, and technology-enabled services to skilled nursing and assisted living facilities across multiple states. Directly comparable to PNS in target customer, service offering, and reliance on packaging automation.
• Synchrony Pharmacy: A long-term care pharmacy focused on senior living and skilled nursing facilities, providing customized packaging, consultant pharmacist services, and formulary management. Directly comparable to PNS in service portfolio and customer segments.
• ProCare LTC Pharmacy: A regional long-term care pharmacy serving skilled nursing, assisted living, and adult day care facilities with customized packaging, consulting, and delivery. Comparable to PNS as a regional LTC pharmacy with a similar service model.
• PharMerica: A major U.S. long-term care pharmacy company, part of BrightSpring Health Services, providing medication dispensing, IV services, and clinical consulting to SNFs, assisted living, and behavioral health facilities. Directly comparable to PNS in service portfolio and customer segments, with much larger geographic footprint.

Emerging players

• Capsule Pharmacy: A technology-driven pharmacy focused on consumer and B2B medication delivery, including serving employer and provider groups. While not a direct LTC pharmacy, Capsule is an emerging player whose technology-enabled delivery and consulting model intersects with PNS's GPS-tracked delivery and consulting services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/pharmnetworksvc
• Facebookfacebook.com/pnspharmacy
• LinkedInlinkedin.com/company/pharmacy-network-services-inc
• Instagraminstagram.com/pnspharmacy/?hl=en

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pharmacy Network Services