HPS Services

What HPS Services does

HPS Services Pty Ltd, operating as HPS Pharmacies, is Australia's largest outsourced pharmacy services provider to health facilities, with a national network of 40+ HPS Approved Pharmacies co-located inside customer sites across all states and territories. Founded in 1975 and headquartered in Ashford (Adelaide), the company employs over 600 staff including more than 330 pharmacists and serves over 7,500 hospital beds (7,000+ private and 500+ public). Customers include private hospital operators (Healthscope, Ramsay Health Care, Calvary Health Care, St Vincent's Health Australia, St John of God), public hospitals, cancer centres, correctional facilities, government health services, and veterinary clinics.

Core technology includes the proprietary i.Pharmacy management system (deployed nationally in 2016 to handle dispensing, manufacturing, and inventory control) and the registered mediSACHé® trademark — a tamper-evident medication management system for correctional facilities. HPS also operates compounding facilities with access to over 4,560 Active Pharmaceutical Ingredients and 14,000 formulations, with sterility validated to GMP, ISO 14644, and USP <797> standards. The company maintains a Digital Systems and Health Informatics capability covering pharmacy robotics and applied AI in clinical workflows, and publishes a Knowledge Centre of clinical content (DrugAlert, Drugline, Clinical Articles, Lecture Series).

HPS operates a B2B managed-services model, embedding pharmacists on-site at healthcare facilities under multi-year service agreements. Revenue is generated from dispensing fees, pharmaceutical product supply, clinical pharmacy services, oncology preparation, compounding, and specialized correctional and government services. Since 2017, HPS has been a wholly-owned subsidiary of EBOS Group, the largest and most diversified Australasian marketer, wholesaler and distributor of healthcare, medical and pharmaceutical products (approximately NZ$12.3 billion in group revenue), listed on the NZX and ASX.

Name

HPS Services

Legal name

HPS Services Pty Ltd

Website

https://hps.com.au

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

501–1,000 employees

Short description

HPS Services operates Australia's national network of 40+ on-site hospital pharmacies, providing dispensing, clinical pharmacy, compounding, and oncology services to private hospitals, public hospitals, cancer centres, correctional facilities, and government health facilities across all states and territories.

Ownership category

akta.pro rank

Headquarters

HQ city

Ashford

HQ country

Australia

HQ region

Oceania

Offices10 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Pharmacy Services to Healthcare Facilities: HPS generates revenue by providing comprehensive pharmacy services to health facilities including dispensing, pharmaceutical product supply, inventory management, clinical services, oncology preparation, and compounding services. The company operates on-site pharmacies within healthcare facilities under service agreements.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

HPS Services operates 40+ on-site pharmacies within Australian healthcare facilities, providing clinical pharmacy, dispensing, pharmaceutical product supply, inventory management, oncology preparation, and compounding services to private hospitals, public hospitals, cancer centres, correctional facilities, and other health facilities. The company employs 330+ pharmacists and uses its proprietary i.Pharmacy management system and mediSACHé® correctional medication packaging system to deliver these services under managed service contracts.

Product overview

HPS Services operates as a pharmacy services provider with a network of HPS Approved Pharmacies across Australia. The core offering includes pharmacy management services (via i.Pharmacy system), clinical pharmacy services, and specialised compounding. The portfolio includes proprietary medication management systems (mediSACH​e® for correctional facilities), oncology services, and veterinary compounding. Knowledge products include DrugAlert, Drugline, Clinical Articles, and Lecture Series. Services span private hospitals, public hospitals, correctional facilities, and health facilities, with accreditation support capabilities.

Differentiator

Problem solved

Functional benefit

Brands

• mediSACH e®: A sophisticated medication management system providing tamper-evident packaging for streamlined medication administration in correctional facilities.

Products and services

• Private Hospital Pharmacy Services
• Public Hospital Pharmacy Services
• Correctional Pharmacy Services
• Oncology and Aseptic Services
• Human Compounding Services

Quantifiable outcome

• Services over 7,000 private hospital beds and 500+ public hospital beds across Australia
• +1 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Partnerships

Four partnerships are on record, tiered major and minor.

• St Vincent's Health AustraliamajorStrategic or Co-development Partner · 1 January 2016HPS signed a major national contract with St Vincent's Health Australia in 2016. Services include comprehensive pharmacy services to private hospitals.
• HealthscopemajorStrategic or Co-development Partner · 1 January 2016HPS re-signed major national contracts with Healthscope in 2012 and 2016. Provides pharmacy services to Healthscope private hospitals.
• Calvary Health CaremajorStrategic or Co-development Partner · 1 January 2016HPS re-signed major national contracts with Calvary in 2012 and 2016. HPS sponsors Calvary SA Gala Ball for 125 years of compassionate care.
• Catholic Health AustraliaminorGTM or Marketing PartnerHPS signed a three-year agreement as Major Sponsor of Catholic Health Australia's National Conference in 2016.

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Market position

Competitive moat6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/hps-pharmacies

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries6 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 HPS Services