LTCRFP has announced updates to its pharmaceutical supply services for long-term care (LTC) facilities across the US.
-- Following the updates, care home and specialist residential health providers seeking to reduce the costs of acquiring medication and streamline the delivery of essential drugs can turn to the consultancy for an all-inclusive solution to supplier transitions and order management.
More details can be found at https://ltcrfp.com/contact
As part of its services, LTCRFP helps facility owners and operators find a dedicated LTC pharmacy with experience in handling high volumes of prescriptions and an ability to negotiate more favorable prices for medications.
A spokesperson explains, “[LTC pharmacies] typically offer generic alternatives and therapeutic interchange programs that can further drive down costs. But it’s not just about cheaper drugs; LTC pharmacies streamline the entire medication delivery process, which can lead to fewer errors and less waste.”
LTCRFP can perform detailed reviews of clients’ current pharmaceutical supplier arrangements, checking contracts to identify potential areas for improvement and negotiate stronger terms. In addition, the company provides a breakdown of projected savings.
The team reviews invoices to ensure that billing tallies with the terms of client and pharmacist contracts. “This audit will also provide an estimate of the potential savings a new contract could bring and evaluate whether the pharmacy is sourcing from the lowest-cost manufacturer,” the spokesperson adds.
After identifying inefficiencies in current arrangements, LTCRFP moves forward with a competitive Request-For-Proposal (RFP) process, which accounts for operational, service, financial, clinical, and technological factors.
The LTCRFP team brings expertise in finding pharmacies best suited to the needs of long-term care patients and the specific medication requirements they typically need. The company highlights the importance of specialized services such as on-site consultations and customized medication packaging in helping facility managers deliver higher standards of care.
In addition, LTCRFP supports care facility owners in finding a pharmacy supplier that is proactive in implementing the latest regulatory guidelines. Compliance within the medical sector is always evolving, so failure to keep up to date with changing protocols can jeopardize a care facility’s entire operation, the team notes.
Once a provider has been selected, LTCRFP facilitates a contractual agreement, making sure that all elements of the RFP are reflected in the final contract.
The company acts as a neutral third-party account manager on an ongoing basis. The spokesperson adds, “LTCRFP provides a direct point of contact between your facility and the pharmacy, ensuring that all levels of service are maintained as outlined in the pharmacy agreement.”
For more information, go to https://ltcrfp.com/contact
Contact Info:
Name: Jamie Williams
Email: Send Email
Organization: LTCRFP
Address: 117 Rano Blvd Suite 58, Vestal, NY 13850, United States
Website: https://ltcrfp.com
Source: NewsNetwork
Release ID: 89160497
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