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Injured Workers Pharmacy

Injured Workers Pharmacy (IWP) operates as a specialty pharmacy focused exclusively on workers' compensation prescriptions.

Injured Workers Pharmacy

Injured Workers Pharmacy (IWP) operates as a specialty pharmacy focused exclusively on workers' compensation prescriptions. Michael Gavin, who joined IWP in 2017 as CEO and became chief executive in January 2024, leads a team of over 30 professionals including pharmacists licensed across 24 states (per the firm's website, 2025). The company is headquartered in Methuen, Massachusetts, and manages a nationwide network of territory managers. The firm provides a full-service pharmacy model for workers' compensation claims, covering injectables, non-opioid treatments, controlled substances, and specialized medications. IWP serves four primary constituencies: injured workers, attorneys, physicians, and payers. The company emphasizes compliance and clinical oversight, with Chief Clinical Officer Neil Welch — a pharmacist in 24 states — overseeing dispensing protocols. IWP asserts it is the largest full-service workers' compensation pharmacy in the US, based on its own marketing materials. IWP's leadership team includes Chief Financial Officer Steve MacIntosh (promoted January 2024) and Chief Operating Officer Pam Rippens (joined 2012, COO from January 2024). The company’s clinical staff includes pharmacists with experience in pain management and pharmacogenomics. The firm maintains a culture of compliance, reporting patient safety concerns up to senior management (per Neil Welch on the firm's website). IWP's structural differentiator is its singular focus on workers' compensation pharmacy — a niche that combines clinical pharmacy, state-specific regulatory knowledge, and claims management. This vertical specialization allows the firm to integrate directly with the workers' comp ecosystem rather than operating as a general mail-order pharmacy. The company does not disclose ownership structure, AUM, or whether it operates as a family office.

General information

Firm type

other

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Methuen

Corporate office

Methuen, MA, United States

Principals

Michael Gavin

Chief Executive Officer

Jayne Kresac, Esq.

Vice President of Legal, Government Affairs and Communications

Steve MacIntosh

Chief Financial Officer

Pam Rippens

Chief Operating Officer

Don Gelnaw

Vice President of Sales

Neil Welch, PharmD RPh

Chief Clinical Officer

Sector focus

Healthcare Services

Frequently asked questions

Who runs investment decisions at Injured Workers Pharmacy?

CEO Michael Gavin leads the company overall; the firm does not disclose any investment committee or family office structure. Financial decisions are overseen by CFO Steve MacIntosh, who joined IWP in 2018 and was promoted to CFO in January 2024 (per the firm's website, 2025).

Is Injured Workers Pharmacy structured as a single family office or a commercial enterprise?

IWP operates as a full-service workers' compensation pharmacy, not a family office. The firm does not publish ownership details or AUM. Its public-facing profile is that of a specialty healthcare provider, not an investment vehicle.

What services does Injured Workers Pharmacy provide?

IWP is a full-service workers' compensation pharmacy that delivers prescription medications to injured workers' homes. The firm handles injectables, non-opioid treatments, controlled substances, and specialized medications, and manages state-specific workers' comp claims nuances for attorneys, physicians, and payers (per the firm's website, 2025).

Where is Injured Workers Pharmacy headquartered and does it have additional locations?

IWP is headquartered in Methuen, Massachusetts, United States. The firm does not disclose any additional physical offices, though its territory managers operate across the country.

Does Injured Workers Pharmacy accept external investments or partnerships?

IWP does not publicly discuss its ownership or fundraising activities. The firm's website focuses on its pharmacy services and does not reference any external capital relationships. No public records indicate recent fundraising or investment rounds.

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