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Consult Pharm ; 31(7): 365-74, 2016 Jul.
Article in English | MEDLINE | ID: mdl-27412312

ABSTRACT

Managing the efficiency and costs of residents' drug regimens outside the acute-care hospital and through transitions of care requires a toolbox filled with cost-control tools and careful collaboration among the pharmacy provider(s), facility staff, and the consultant/senior care pharmacist. This article will provide the reader with key long-term care business strategies that affect the profitability of the pharmacy provider in various care settings while, at the same time, ensuring optimal therapy for residents as they transition across levels of care. Readers can take away ideas on how to access critical information, what they can do with this information, and how they can improve the overall care process. Four experts in various aspects of pharmacy management share their insights on pharmacy practice issues including formulary management, performance metrics, short-cycle dispensing challenges/solutions, cost-control measures, facility surveys, billing practices, medication reconciliation, prospective medication reviews, and transitions of care.


Subject(s)
Long-Term Care , Nursing Homes , Patient Care Team/organization & administration , Pharmacists/organization & administration , Professional Role , Referral and Consultation , Cooperative Behavior , Cost Savings , Cost-Benefit Analysis , Health Care Costs , Humans , Interdisciplinary Communication , Long-Term Care/economics , Nursing Homes/economics , Patient Care Team/economics , Pharmacists/economics , Quality Improvement , Quality Indicators, Health Care , Referral and Consultation/economics , Value-Based Purchasing , Workforce
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