GeriMed, Inc and PharmaComplete Consulting Services are pleased to announce a strategic partnership to improve operational effectiveness and patient care within the Long-Term Care (LTC) and Combination Shop Independent Community Pharmacy markets. With recent changes in pharmacy reimbursement strategies and CMS guidance on LTC Pharmacy at Home, an increasing number of independent community pharmacies are adopting the LTC pharmacy model to deliver more effective and compliant services to their patients. Many of these pharmacies already serve a considerable number of LTC-qualified patients. Through PharmaComplete's Support and Operational Excellence assistance, these pharmacies will identify areas for improvement to access this significant additional market.

By leveraging GeriMed's PSAO network, manufacturer contracts, and industry expertise, pharmacies will be able to enhance their margins on specific qualified patients, ensuring effective patient care. GeriMed remains committed to developing optimal contracts, cost-containment solutions, and routine profit maximization analysis through innovative contracting, customer-specific programs, and strategic collaborations.

"We are thrilled to join forces with PharmaComplete Consulting Services in this exciting collaboration," said John Schutte, President and Owner of GeriMed. "We look forward to addressing the various challenges faced by the long-term care pharmacy sector, particularly concerning operational and purchasing excellence. Together, we aim to improve overall pharmacy performance and enhance the patient experience, ultimately leading to better patient outcomes."

PharmaComplete's extensive experience in pharmacy growth, expansion, and optimization has greatly informed GeriMed's continued success in the combination pharmacy market. Through this strategic partnership, PharmaComplete is enthusiastic about offering GeriMed's wide range of solutions to its network of customer pharmacies in both markets.

"This partnership will demonstrate our commitment to prioritizing patient needs and addressing significant unmet industry requirements while also helping pharmacies adapt to the evolving landscape of Long-Term Care and their ability to provide comprehensive support," stated Paul Shelton, President at PharmaComplete Consulting Services.