The LTC Innovation Blog

Summary: In this article, we cover emerging trends in long-term care (LTC) pharmacies for 2024, including increased use of automation, exploration of artificial intelligence, expansion of pharmacist roles, emphasis on medication management, adaptation to regulatory changes, and a focus on LTC services at home.

Understanding Generic Drugs Generic drugs used to be simple, right? You had a brand name drug, and a handful of generic equivalents - all of which could be substituted for the brand name product. Simple.

The long-term care (LTC) industry is growing rapidly, and it’s not expected to slow down in the near future. In fact, quite the opposite.

Innovation drives change and progress, especially when applied strategically to business operations. In particular, technological advancements are transforming long-term care (LTC) pharmacies. Just look at how pharmacy automation has transformed LTC pharmacy operations. Filling prescriptions is more accurate and safe than ever due to automated systems eliminating human error and streamlining workflows.

The New Year is upon us and 2023 has already delivered some regulatory news that’s worth sharing.

During this year’s 11th Annual FrameworkLTC User Conference we were fortunate enough to host an awe-inspiring lineup of keynote speakers. One standout presenter, Paul Baldwin, a veteran healthcare policy and government relations executive, shared some key insights on the trends long-term care pharmacies should be thinking about now to ensure their businesses are prepared for the future.