The Complete Guide to LTC Pharmacy Software

Why use LTC pharmacy software? The benefits speak for themselves! Pharmacies serving long-term care facilities turn to software to streamline operations, reduce the need to increase their number of full-time employees, put checks and balances in place to prevent errors, meet regulatory compliance requirements, and gain the ability to track every prescription, delivery, and facility-centric request with ease. 

Overall, the level of automation that LTC pharmacy software provides is simply unmatched—and no, regular retail pharmacy management software isn’t going to cut it in the long-term care business. Here’s why:

Regardless of your size—whether you’re a small pharmacy that’s just getting up and running, a massive national chain, or somewhere in between—LTC pharmacy software can help. Here’s how:

• Startup: Getting off to a good start is important for every business, and pharmacies are no exception. The right software helps enable startup pharmacies to start off “on the right foot,” which is especially important for a brand-new pharmacy serving LTC facility customers.
• Midsize: LTC pharmacy software allows midsize pharmacies (typically with around 2-3 locations) to increase the number of beds they service at various care facilities—without adding full-time staff or additional resources.
• Regional: Using LTC pharmacy software, regional pharmacies—or those with around 5-8 locations in one geographic area—are better equipped to grow by way of acquisition and/or owning the local market, ultimately expanding to service more facilities with their current team.
• Enterprise: Enterprise pharmacies that utilize LTC pharmacy software gain the ability to see reporting metrics from a broader scale. The technology also enables enterprise pharmacies to pinpoint and implement efficiencies across all locations.

How FrameworkLTC Helps

Wondering how pharmacy management software like FrameworkLTC supports pharmacies serving LTC facilities? Great question! 

When it comes to evaluating your potential return on investment and making the case for LTC pharmacy software, it’s important to consider your pharmacy’s expected costs incurred versus the savings. What will you spend, what will you save, and how will it all shake out financially?

When you choose FrameworkLTC, costs incurred up front include a one-time startup fee, per-user licenses, per-transaction costs, and fees for any additional training sessions you may choose to include. There’s no additional cost for the Concierge Onboarding Experience or 24/7 customer and technical support.

With that come significant cost reductions and opportunities to save, with fewer full-time employees, greater efficiency, fewer hours spent working in the pharmacy, a higher volume of medications filled, a stronger value proposition for attracting new facility customers, and a decreased risk for regulatory and insurance-related hurdles. 

It’s really a no-brainer for LTC pharmacies looking to work more collaboratively, grow their revenue, scale their business, and improve their customer satisfaction.

Pharmacies servicing LTC facilities choose FrameworkLTC for countless reasons, including its:

• Dedicated training team
• Onboarding experience
• Overall user-friendliness
• Pharmacy workflow automation
• Regulatory compliance support
• Comprehensive reporting
• Configuration and scalability
• Complex billing support
• Interfacing capabilities
• Distribution and marketing

We’re committed to innovating and enhancing our full suite of products as the market, pharmacy, facility, and consumer needs change. Additionally, our team regularly updates our processes and software to ensure our pharmacy customers are fully compliant with regulatory bodies and insurance companies. That’s seamless, effective risk mitigation at its finest!

All that said, if we had to sum it all up, we would highlight three primary reasons for choosing FrameworkLTC: our tenured team of experts, our trusted technology, and our commitment to continuous innovation to help long-term care pharmacies stay ahead of their competition, cost-effectively scale their operations, and deliver quality services to the facilities they support.