Michigan Pharmacists Association (MPA) has established several unique affiliates to support the pharmacy profession and our members. The Association serves as a comprehensive professional growth resource, providing current practice information, business services, state and federal advocacy, continuing education and the insurance protection you need to be successful.
Click on the black bars below to read about how MPA established these affiliates and how each organization works to advance the profession.
MPA established the Michigan Pharmacy Foundation (MPF) more than 25 years ago
. During its early years, contributors (known as the Founder’s Club) donated a minimum $1,000 to help launch the Foundation. Since then, MPF has established grant funding for projects that advance the profession; supported the future of pharmacy through student pharmacist scholarships; and developed leadership programs that equip practitioners with the skills and resources they need to lead others and the profession. Over the last 25 years, the Foundation has awarded more than $275,000 in grant funding to help advance the profession and support projects that improve health outcomes. In addition, MPF has bestowed more than $110,000 in scholarships upon deserving student pharmacists since beginning the program in 2002.
In 2012, MPF developed the Leadership Academy, a year-long leadership program aimed at motivating and equipping a class of practitioners with the tools, resources and knowledge they need to lead others and the profession in the years ahead. With leadership being one of the Foundation’s key strategic priorities, MPF has continued to expand the Leadership Academy to include any healthcare professional as the need for interdisciplinary healthcare grows. This is just one example of how the Foundation has strived to strengthen pharmacy and motivate practitioners to carry the profession into a positive future. All members are encouraged to help the Foundation continue to develop valuable programs that enrich students and pharmacists, support quality health care and stimulate ideas that inspire professional growth.
As the profession has developed and faced new challenges, Pharmacy PAC has adapted to advocate for the relevant professional interests of pharmacy. Contributions to Pharmacy PAC allow our legislative team to attend important events and speak on behalf of pharmacy’s interests. We need to constantly stay active, keeping issues that are important to pharmacists on the minds of elected officials and establish relationships with legislators, especially those who are new to office. Contributions also support annual legislative events that encourage student pharmacists and pharmacy professionals to spend face-to-face time with legislators, educating them on important practice concerns, and that inform pharmacy professionals of legislative changes that impact their everyday actions. Pharmacy PAC supports pharmacy-friendly legislative candidates, advocates on behalf of the profession of pharmacy, and creates a united voice to help safeguard the everyday practice of pharmacy professionals.
PSI operated a cooperative buying group for 32 years until July 2014, when the PSI Board of Directors elected to merge with another Michigan-based buying group called Pharmacy Management Partners (PMP). This merger allowed PSI to combine two strong, independent pharmacy buying groups into one to strengthen buying power. Both buying groups hold similar philosophies, focusing on member needs, full disclosure and transparency, sharing revenue back to their membership, and supporting Michigan Pharmacists Association (MPA) and its efforts.
PSI has invested in other businesses to help support the profession and MPA. It began operating the PSI Insurance Agency in 1992 to provide competitive insurance products to pharmacies and pharmacy professionals. PSI created Well Street Care Management Network in 2007 to conduct pilot studies to prove the value of pharmacists’ involvement in medication therapy management (MTM) services before the term MTM was even understood as it is today. PSI has also partnered with MPA to develop and refine the executive fellowship to include business development activities.
PSI continues to strategically invest its resources to support community pharmacy and pharmacists in other areas of need. In 2016, PSI invested in Quantum Medical Concepts (QMC). Originally launched in 2014 by the Michigan State Medical Society, QMC is an investment fund providing capital for Michigan-based medical startup businesses developing innovative medical technologies. In addition to funding and support, QMC provides startups with access to both the Michigan State Medical Society’s and PSI/Michigan Pharmacists Association’s network of more than 15,000 physicians and pharmacists who provide invaluable insight through the early development phases of new medical devices and technologies. Learn more about Quantum Medical here.
Providing services and advancing community pharmacy practice in Michigan are at the core of PSI’s goals. PSI's future direction is about enhancing your services and strengthening your business.
Since its inception, PSI Insurance Agency has specialized in pharmacy needs, but also expanded its client base, the type of coverage it offers and the number of companies that customers can chose from when selecting their insurance. The Agency team is committed to growth through acquisitions and mergers that will support customers’ expanding insurance needs as well as the daily challenge of helping clients protect their assets.
PSI created Well Street Care Management NetworkTM in 2007 to invest in the future of pharmacy and assist with implementation of medication therapy management (MTM) throughout the state. Well Street conducted several pilot projects to help establish MTM standards, and developed initial training programs. Since Well Street’s inception, MTM services have become more common within the profession. During PSI’s strategic planning session in Sept. 2015, the PSI Board of Directors renewed their commitment to dedicate resources to support the profession in this area of practice for not only community pharmacy but pharmacists as providers. The company name has been modified to Well Street Care Management Network to more accurately reflect its business model. This has led to PSI and Well Street collectively to dedicate efforts to establish a single community pharmacy enhanced services network for the state of Michigan. PSI and Well Street have been working with the national organization Community Pharmacy Enhanced Services Network (CPESN) USA to coordinate activities within our State. CPESN is jointly owned by the National Community Pharmacists Association (NCPA) and the Community Care of North Carolina (CCNC).
Please visit the websites or contact any of our staff members listed below for more information on how our affiliates work together.