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IPA Foundation, OutcomesMTM Establish Innovative Pharmacy Endowment

The former board of directors and shareholders of OutcomesMTM have partnered with the Iowa Pharmacy Association (IPA) Foundation to establish an endowment to continue to support the innovative spirit of Iowa pharmacy that fueled the creation of the company.

Stemming from OutcomesMTM’s purchase by Cardinal Health, the Outcomes Innovative Pharmacy Endowment was created to award grants and loans for the financial support and encouragement of future innovative pharmacy practice initiatives within the state of Iowa.

“This is an incredible opportunity grown from the generosity of OutcomesMTM shareholders. The IPA Foundation will now have the opportunity to support pharmacists in the state and cultivate the spirit of innovation that Iowa pharmacy is known for,” stated Kate Gainer, IPA’s executive vice president and CEO.

In 1999, IPA provided seed money to launch OutcomesMTM and support the innovative startup’s goal of developing both the demand for medication therapy management (MTM) services from healthcare payers and the supply of those services from pharmacists. The company has since become a national leader in MTM services and established pharmacists as essential members of the healthcare team.

Understanding that there is still work to be done, the OutcomesMTM board thought it fitting to give back to IPA and asked shareholders to reinvest a portion of their proceeds from the OutcomesMTM sale to the endowment. The shareholders have responded generously at the opportunity to enable the next generation of pharmacy practice innovation. To date, $726,000 has been donated to the endowment.

“We are proud of the achievements of OutcomesMTM and appreciate the opportunity to invest in the next generation of innovative pharmacists,” said Ray Buser, a co-founder and 16-year board member of OutcomesMTM.

IPAF Outcomes Innovative Pharmacy Endowment - Founding Circle

Platinum Level ($100,000 and above)
Ray and Sally Buser
Michele and Michael Evink
Russ and Lucile Johnson
Jim and Pam Miller

Gold Level ($50,000 - $99,999)
CarePro Health Services
Matt and Marilyn Osterhaus

Silver Level ($10,000 - $49,999)
Tom and Heather Halterman
Greg and Diane Hoyman
John and Cindy Forbes
Brand Newland
Sue and Kevin Purcell
Brenda Thies

Bronze Level ($1000 to $9,999)
Gary and Diane Albers
Michael and Krisanne Calhoun
Jessica and Cody Frank
Towncrest Pharmacy

Supporter (up to $999)