National CooperativeRx

Ownership

National CooperativeRx is a member-owned not-for-profit cooperative where members have equal ownership and voting rights, and members have a voice through a member-appointed Board of Directors. This is a cooperative model rather than Madison-resident owned or truly independent.

Local Sourcing

The organization operates through a competitive bid process that gives members access to the best discounts and cutting-edge clinical programs from a chosen PBM provider. As a pharmacy benefits management service, it relies on national drug purchasing and PBM networks, not local suppliers.

Community Involvement

National CooperativeRx hosts an Annual Meeting in Madison as part of cooperative commitment to members. While headquartered in Madison, available information shows limited community engagement beyond member-focused events; no local sponsorships or nonprofit partnerships are documented.

Local Workforce

A review describes it as an amazing organization where leadership takes time to get to know everyone personally with transparency, with great coworkers and rewarding work. This suggests positive employee experiences, though limited information on wages or long-term tenure.

Revenue Retention

The organization's annual revenue was $5.1 million in 2024. As a not-for-profit cooperative, profits flow to member organizations nationwide rather than staying local, though excess revenue is returned as patronage dividends.

Local Presence

The website uses exclusively corporate, template-driven language focused on national scale ('throughout the United States'), generic mission statements, and professional boilerplate copy. While Madison, WI address is present, there are zero local personality markers, named staff, local supplier references, or community-specific content.