RedSail Blog

Commercial airline travel remains the safest mode of transportation (motorcycles come in last). Despite the intricate task of lifting a heavy aircraft, navigating adverse weather conditions, and landing on modestly sized areas, commercial airplane accidents are such rare occurrences that they grab headlines when they do happen.

Class of Trade (COT) is probably not something you give much thought. You may have had a conversation with your Group Purchasing Organizations (GPO) early on in your pharmacy’s life, but perhaps the subject hasn’t crossed your mind in a few years. It might be time to revisit the concept and have a few more discussions with your business partners about this important topic.

As noted in Part 1, nursing homes will continue to be a critical piece of the long-term care industry. But more Americans will seek less restrictive options for senior care in the future, and at the top of this list is home health care.

During the nearly 40-year history of the long-term care pharmacy industry, the primary venue for service has been the skilled nursing facility. Despite the prevalence of nursing homes and assisted living, Americans have long expressed their preference for remaining at home when possible.

The landscape of long-term care (LTC) pharmacy is evolving, with new challenges and innovations shaping the future of patient care. While there are many ways to stay current in the pharmacy industry, attending a pharmacy conference is one of the most effective ways to gain new perspectives and immerse yourself in learning.

The U.S. Public Health Emergency (PHE) that was first declared in January of 2020 ended in 2023. The three years between the beginning and end of the PHE was transformative for the nation and nearly catastrophic for the long-term care industry.

Technology is everywhere, it impacts everything, and it’s only getting more advanced. Modern technology helps provide residents with safe, quality care in the long-term care setting. With an aging U.S. population and LTC landscape changes, LTC pharmacies must embrace new tech or risk a failure to scale or expand services.

Did you know there’s an oft-quoted statistic that 64% of features in a piece of software are never used? What a waste of both resources and potential, right? The IT field debates the accuracy of that percentage and who may be at fault. Regardless, we could all ask ourselves, about both our software and our career in general, “What am I wasting because I’m not effectively using what I already have?”

This isn’t another story about the shortage of qualified long-term care workers. You know the headlines: Federal Mandates Chase Out Nursing Home Workers, Experts Predict Widespread Closures of Long-Term Care Facilities. It’s such a constant refrain, it’s not news anymore.