Indiana Pharmacists Association

What Indiana Pharmacists Association does

The Indiana Pharmacy Association (IPA), formerly the Indiana Pharmacists Association, is a nonprofit professional association founded in 1882 that serves as the official state organization representing the pharmacy profession in Indiana. It serves licensed pharmacists, student pharmacists (P1-P4), pharmacy technicians, residents and fellows, and corporate members across retail, hospital, independent, and health-system pharmacy settings. IPA's mission is to advocate for legislation and innovations that optimize patient care, safety, and community health in Indiana.

IPA's product portfolio spans continuing pharmacy education (ACPE-accredited), advocacy resources, and member engagement programs. Core offerings include the NAPLEX Review recording package, Pharmacy Access to Contraceptives for Hoosiers (PATCH) Training (7 hours of CE), the Annual Meeting and Fall Conference, the Annual Residency Showcase (40-45 programs from ~5 states), Legislative Day at the Indiana Statehouse (300-350 attendees), and the Health Equity Resource Bank. The organization also distributes practice resources including IDOH Protocols for immunizations, naloxone, tobacco cessation, and hormonal contraceptives, plus Medicare Drug Price Negotiation Program support. An online store sells branded merchandise, the 125 Years of Indiana Pharmacy history book, and holiday items supporting the Pharmacists Education Foundation.

The business model is a member-supported nonprofit with five primary revenue streams: annual membership dues (subscription/recurring), event registration fees, product sales (educational materials, merchandise, publications), Political Action Committee donations, and corporate sponsorships/advertising from pharmaceutical distributors (McKesson, IPC), insurers (CareSource, Pharmacists Mutual), and manufacturers (Novo Nordisk). Distribution is multi-channel: direct membership sales via the IPA website, e-commerce store, event registration, and corporate sponsorship packages. The association is governed by an elected Board of Directors led by Executive Vice President Darren Covington and President Chelsea Baker (2024-2025 term).

Name

Indiana Pharmacists Association

Legal name

Indiana Pharmacy Association

Website

https://indianapharmacy.org

Company type

Private

Founded year

1882

Operating status

Operating

Headcount range

1–10 employees

Short description

The Indiana Pharmacy Association is a 140+ year-old nonprofit professional association representing pharmacists, student pharmacists, and pharmacy technicians in Indiana through legislative advocacy, ACPE-accredited continuing education, and annual events including the Annual Meeting, Fall Conference, and Legislative Day.

Ownership category

akta.pro rank

Headquarters

HQ city

Greensburg

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Membership Dues: Annual membership dues from pharmacists, student pharmacists, pharmacy technicians, and corporate members across various membership categories.
2. Event Registration Fees: Revenue from registration fees for annual meetings, fall conferences, legislative day events, residency showcases, and educational programs.
3. Product Sales: Sales of NAPLEX review materials, IPA merchandise (t-shirts), publications (125 Years of Indiana Pharmacy book), and holiday store items.
4. PAC Donations: Political Action Committee donations collected to support candidates for Indiana General Assembly who advocate for pharmacy practice.
5. Sponsorships and Advertising: Corporate sponsorship and advertising opportunities offered to pharmaceutical companies, healthcare vendors, and pharmacy-related businesses.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

The Indiana Pharmacists Association is a statewide nonprofit professional association that represents and serves Indiana pharmacy professionals through membership programs, advocacy, continuing education, and live events. It sells individual memberships (pharmacist, student pharmacist, pharmacy technician), corporate memberships, paid conferences such as the Annual Meeting and Fall Conference, specialized training (NAPLEX Review, PATCH), and curated regulatory and clinical resources. Core value is delivered to pharmacy practitioners, students, technicians, and corporate pharmacy employers operating in Indiana.

Product overview

The Indiana Pharmacy Association (formerly Indiana Pharmacists Association) offers a portfolio of educational products, events, and advocacy resources for pharmacy professionals in Indiana. The core offerings include continuing pharmacy education programs accredited by ACPE, exam preparation materials (NAPLEX Review), annual conferences (Fall Conference, Annual Meeting), advocacy events (Legislative Day, PAC), and practice resources (Health Equity Resource Bank, IDOH Protocols, Medicare Drug Price Negotiation Program support). The association also operates a merchandise store featuring publications, apparel, and holiday items that support the Pharmacists Education Foundation. The organization provides professional development through residency showcases, contraception training programs, and various academies representing different pharmacy practice sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Pharmacist Membership

Quantifiable outcome

• Successfully passed SB 293 removing MPJE requirement for pharmacist licensure in Indiana
• +3 more outcomes

Named customers12 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

14 partnerships are on record, tiered core, major and supportive.

• McKessoncoreGTM or Marketing PartnerMajor pharmaceutical distributor and IPA sponsor. McKesson supports IPA events and activities as a corporate sponsor, contributing to the association's mission of advancing pharmacy practice in Indiana.
• Independent Pharmacy Cooperative (IPC)coreGTM or Marketing PartnerIPC represents independent pharmacies and serves as an IPA sponsor, supporting the association's advocacy for independent pharmacy practice.
• Pharmacists Mutual Insurance CompanycoreGTM or Marketing PartnerInsurance provider for pharmacists that supports IPA as a sponsor and corporate member, providing financial protection products for pharmacy professionals.
• RxSafeNetcoreStrategic or Co-development PartnerPartnership with IPA to host regional gatherings across Indiana. RxSafeNet collaborates with IPA and CPESN Indiana to engage members and provide practice advancement opportunities.
• CPESN IndianacoreStrategic or Co-development PartnerNetwork of community pharmacies focused on practice transformation. Partners with IPA and RxSafeNet to host regional gatherings and advance pharmacy practice.
• Purdue University College of PharmacycoreStrategic or Co-development PartnerOne of three Indiana pharmacy schools actively involved in IPA Legislative Day and campus events. Students and faculty participate in advocacy and professional development activities.
• Butler University College of Pharmacy & Health SciencescoreStrategic or Co-development PartnerHosts IPA Annual Residency Showcase on campus. IPA leaders engage with students through IACP board events and career presentations.
• Manchester UniversitycoreStrategic or Co-development PartnerPurchased IPA memberships for all pharmacy students. Hosted IPA Executive Vice President for campus visit introducing students to IPA benefits and legislative initiatives.
• CareSourcemajorGTM or Marketing PartnerHealthcare insurance company and Annual Meeting sponsor, supporting IPA's educational events and professional development programming.
• Novo NordiskmajorGTM or Marketing PartnerPharmaceutical manufacturer and Annual Meeting sponsor, supporting IPA programming and pharmacy education initiatives.
• Partnership for Safe MedicinessupportiveGTM or Marketing PartnerNonprofit organization and Annual Meeting sponsor focused on medication safety and supply chain integrity.
• Indiana Immunization CoalitioncoreStrategic or Co-development PartnerCo-hosts educational events including webinars on vaccination updates, Adult and Flu Summits (North, Central, South), and RSV vaccine guidelines. Sponsored lunch and golf carts for PEF Golf Outing.
• Indiana Board of PharmacycoreOthersState regulatory body for pharmacy practice in Indiana. IPA engages with the Board on regulatory matters, testified at DOI hearings on PBM rules, and Board members participate in IPA events.
• Indiana General AssemblycoreOthersState legislature where IPA advocates for pharmacy-friendly legislation through annual Legislative Day events, PAC contributions, and direct advocacy on bills affecting pharmacy practice.

Scale indicators8 records

Recent moves5 records

Expansion highlights5 records

Regional players

• Indiana State Medical Association: Indiana state professional association for physicians. Operates in the same geography with parallel advocacy, education, and member service model, providing a benchmark for how Indiana healthcare professionals are organized.
• Indiana Hospital Association: Indiana state hospital and health system association. Compares as a regional healthcare association with similar legislative engagement, corporate sponsorship structure, and statewide advocacy footprint.

Direct peers

• Ohio Pharmacists Association: State pharmacy professional association serving Ohio pharmacists, technicians, and students with advocacy, CPE, and events. Most direct comparable in terms of structure, mission, member segments, and revenue model.
• Michigan Pharmacists Association: Michigan state pharmacy association providing advocacy, education, and member services. Closely comparable geography, scale, and professional composition with overlapping Big Ten state pharmacy school pipelines.
• Illinois Pharmacists Association: State pharmacy association representing Illinois pharmacists. Similar scope of services, regional Midwest footprint, and corporate sponsor profile (including major distributors and pharma manufacturers).
• Pennsylvania Pharmacists Association: State pharmacy association serving Pennsylvania pharmacists with advocacy and educational programs. Comparable membership model, multi-school pharmacy ecosystem, and active state legislative engagement.

Others

• American Association of Colleges of Pharmacy (AACP): National association representing pharmacy schools and academic pharmacy. Indirectly comparable as an upstream pipeline stakeholder whose member institutions (Purdue, Butler, Manchester) connect to IPA's student engagement model.

Broad incumbents

• American Pharmacists Association (APhA): National professional pharmacy association representing pharmacists across all U.S. states. Provides overlapping advocacy, CPE, and member resources, but at a national scale with broader remit than IPA's state-level focus.
• American Society of Health-System Pharmacists (ASHP): National association for hospital and health-system pharmacists. Provides overlapping CPE, advocacy, and residency showcase programming that competes with IPA's Indiana Society of Health-System Pharmacy academy offerings.
• National Community Pharmacists Association (NCPA): National trade association for independent community pharmacies. Overlaps with IPA's advocacy on PBM reform and independent pharmacy issues, while providing national coordination that complements state-level work.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks4 records

Key highlights7 records

Customer concentration

• Xx.com/INPharmacists

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

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 Indiana Pharmacists Association