Summary: This article discusses the growing demand for long-term care (LTC) and the strategic opportunities for pharmacies to expand into LTC services, focusing on benefits such as higher prescription volume, enhanced pharmacy services, increased revenue, and long-term partnerships with LTC facilities.
Table of Contents:
1. Higher Volume of Prescription Orders
2. Enhanced Pharmacy Services
3. Increased Revenue and Reimbursement
4. Long-Term Partnerships with Facilities
Intro:
As the median age of Americans nears 40, we stand at the edge of one of the most significant demographic shifts in history. The changing profile of the aging population has created a profound demand for long-term care (LTC) and a nuanced, strategic opportunity for pharmacies.
It’s projected that the number of Americans aged 65 and older will surpass more than 95 million by 2060. This presents new opportunities for retail pharmacies to expand into long-term care as baby boomers and their close generational cohorts progress to the next life stage in unprecedented numbers. Let’s explore the benefits that an LTC pharmacy can look forward to in this dynamic landscape of patient care. Read more >
