Minute with the Board: All about NORM Ventures

NORM Ventures is a wholly-owned, for-profit subsidiary corporation of NORM. It was created to allow NORM to participate in for-profit business ventures without jeopardizing NORM’s non-profit status. All profits realized by NORM Ventures are used to help advance NORM’s mission.

At present, the majority of profits realized by NORM Ventures are derived from our 25% limited partnership interest in Cornerstone Partners GPO. Cornerstone Partners GPO is a group purchasing organization that provides competitive pricing for biological drugs. All members of NORM are eligible to join Cornerstone Partners GPO and many of the members’ practices have enjoyed substantial cost savings when purchasing their biological drugs.

If you would like to know more about NORM Ventures or Cornerstone Partners GPO, please contact NORM Treasurer, Rai McElroy.

Posted by Ginny Inman

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To be a forum by which we promote and support education, expertise, and advocacy for rheumatology practices and their patients.

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  • As a speaker at the first ad hoc meeting of rheumatology practice managers gathered in a single small room at its infancy a decade ago, I’m amazed to see how NORM has blossomed into a high energy organization of depth and professional meetings with parallel break-out symposia between plenary sessions. NORM has truly come of age. This is where the “business” of rheumatology gets learned. The ”guildmanship” for rheumatology practice management is now strong.- Paul H. Caldron, DO, FACP, FACR, MBA, Arizona Arthritis and Rheumatology Associates
  • In a time of demanding changes in the management of medical practices in the US, NORM has been a lifesaver to the community of Rheumatology practices.  NORM has allowed our practice to stay ahead of the many demands of CMS and others payors and has ensured that our practice remains cognizant of new issues that arise in HIPPA compliance, human resources and medical billing to name a few. Sending our Practice Manager to NORM's conferences has been cost-effective and beneficial to our practice because she returns to our office with an abundance of information that otherwise would have taken months to compile. Every Rheumatology practice that wishes to stay on top of emerging issues in practice management should consider sending a member of their staff to NORM's conference.- Michael S. Rosen M.D., Chester County Rheumatology PC
  • Thanks to all those wonderful people in the NORM Network who respond to emails, offering their advice, experience, time, and support ... I haven't even been a member a full year yet and I am amazed at the dedication of everyone who responds to helping via emails and the NORM Organization itself! I have barely had a chance to explore the resources and I have yet to really dive into requests for help still I am silently learning so much and do occasionally offer what I can! Thank you all!- Cheryl Piambino, Kenneth E. Bresky, DO

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