The MJ Companies Launches New Pharmacy Practice

MagniPhy Pharmacy Solutions offers innovative pharmacy management programs

INDIANAPOLIS (June 24, 2024) – The MJ Companies, a leading financial services firm for nearly 60 years, today launched its new pharmacy consulting practice, MagniPhy Pharmacy Solutions. MJ MagniPhy will offer best-in-class pharmacy programs that are not only efficient and cost-effective but also tailored to meet the specific needs and priorities of the company’s clients.

The MJ MagniPhy team operates with a “boots on the ground” philosophy. Through the team’s daily immersion in the pharmacy space, MagniPhy is able to provide fresh, cutting-edge perspectives that drive effective, customized solutions. The team boasts long-standing relationships with providers and pharmacy benefit managers that help navigate the quickly changing medical landscape on behalf of MJ’s clientele.

“We are very proud to announce this new offering. As the pharmacy landscape changes, we stay ahead with innovative solutions that address current and future challenges,” said President of Employee Benefits and Chief Growth Officer, Andy Vetor. “By leveraging the power of multiple lenses, MagniPhy brings enhanced clarity and insights into our client’s pharmacy programs. We ensure accountability through measurable KPIs and strategic alignment, guaranteeing that each pharmacy program provides the desired outcomes.”

MagniPhy assesses each client’s business goals and objectives, matching them with the right partner to create the optimal pharmacy program for their business. The solution’s competitive edge lies in its ability to align strategies and business philosophy.

Vetor added, “MagniPhy simplifies the complexities of pharmacy management, offering custom solutions and real results.”

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Indianapolis-based The MJ Companies, one of the largest privately held agencies in America, exists to inspire the success, fulfillment, and wellbeing of each person it serves—associates and their families, business partners, clients, and the community. MJ’s client base includes local, regional, and national companies in more than 54 countries and in every U.S. state. With offices in Denver, Indianapolis, and Phoenix, MJ specializes in a diverse selection of client services including commercial and personal insurance, risk management, employee benefits, retirement, compensation, and total rewards consulting. Additional information may be found at