NCPA and GeriMed partner to support LTC pharmacies

The National Community Pharmacists Association (NCPA) is joining forces with GeriMed to support long-term-care (LTC) pharmacies.

GeriMed is a group-services organization that provides closed-door LTC pharmacies with tools to help their businesses grow. Among other services, GeriMed provides pharmaceutical contracting, durable medical equipment contracting, price checks, and Medicare Part D formulary management.

“LTC pharmacy and community pharmacy providers both face significant regulatory and legislative barriers that threaten their ability to stay in business and care for their patients. Recognizing this, our Executive Committee established the NCPA LTC Division to give long-term-care pharmacies and residents a greater voice in these critical policy debates,” said Robert Greenwood, RPh, NCPA president.

In October 2010, NCPA announced the establishment of the association’s new LTC division, dedicated to advancing the interests of independent long-term-care pharmacy providers.

GeriMed helps level the playing field for independent pharmacists by “enabling independents to purchase and be competitive with large chain LTC businesses,” NCPA said in a published statement.

GeriMed agrees that the growing number of LTC pharmacies need support. “The demand for LTC services will only continue to rise as 10,000 baby boomers turn 65 every day. GeriMed is happy to support the new LTC Division and is positioned well to help pharmacists advance these important services in their communities,” announced a GeriMed representative in a statement.