PharmacyIQ is a software-as-a-service (SaaS) platform licensed to healthcare practices. Clinics, med spas and wellness practices use it to manage the prescription side of their cash-pay programs: the provider writes and e-signs a patient-specific prescription, the software transmits it to an independent 503A or 503B pharmacy licensed for the patient's state, and that pharmacy compounds, dispenses and ships the medication to the patient. PharmacyIQ is not a pharmacy, a wholesaler or a medical practice. It does not compound, dispense, manufacture, purchase or sell medications, and it never takes title to them.
PharmacyIQ is not a consumer telehealth site and sells nothing to the public. Every preparation is dispensed by the pharmacy against a valid, patient-specific prescription written by a licensed provider, the dispensing pharmacy is named on every shipment, and all clinical decisions rest with the treating provider.
What PharmacyIQ does
PharmacyIQ provides the software a practice needs to run a compounded-medication program without building it in-house: provider credentialing, e-prescribing, transmission of each prescription to a pharmacy licensed for the patient's state, and prescription status and shipment tracking. After a practice's licensure is verified, providers prescribe as they normally would and submit each prescription through the platform.
Every prescription is written for one named patient. The receiving pharmacy compounds the preparation, packages temperature-sensitive medications in insulated, monitored packaging, and ships directly to that patient with tracking. PharmacyIQ surfaces that status inside the practice's dashboard; the pharmacy performs the compounding, dispensing and shipping.
Who uses it
PharmacyIQ accounts are limited to licensed prescribers, clinics, med spas and wellness practices. Licensure, prescribing eligibility and practice details are verified during onboarding; most practices hear back within one business day. Once approved, the account opens for the states that practice is licensed in, and a dedicated account manager sets up the practice's workspace. Where a dispensing pharmacy publishes its own formulary and prices, the software displays that information as the pharmacy provides it.
How the compliance model works
Compounded preparations prescribed through PharmacyIQ are produced by independent, state-licensed 503A pharmacies and 503B outsourcing facilities and dispensed only against valid, patient-specific prescriptions. The provider owns the clinical relationship and every prescribing decision. PharmacyIQ verifies credentials, transmits the prescription to a pharmacy licensed for the patient's state, and displays prescription status; it does not influence what is prescribed or which preparation is chosen.
Practices pay PharmacyIQ for the software. That fee is never a percentage of medication price, and PharmacyIQ receives no commission, rebate or referral payment from any pharmacy. The pharmacy sets its own price; PharmacyIQ never takes title to the medication and takes no markup on it. Compounded medications are not FDA-approved.
PharmacyIQ vs. similarly named products
The name PharmacyIQ is used by several unrelated products in other markets, including a pharmacy staff-training platform in Australia and pharmacy stock-management tools. PharmacyIQ at pharmacyiq.co is none of those: it is a U.S. software platform for licensed healthcare providers running cash-pay programs.
Getting started
Practices apply for access first. Once the application and licensure are reviewed, the practice receives a link to create its account: one page covering practice details, license, NPI and DEA, and an e-signature on the platform agreement. Most practices hear back within one business day, after which an account manager confirms state availability and the practice's workspace goes live.