The LTC Innovation Blog

Long-term care pharmacies are heading into one of the most significant reimbursement shifts in years. With the first set of medications entering the Medicare Drug Price Negotiation Program on January 1, 2026, LTC pharmacies must prepare now for the operational, financial, and clinical ripple effects that come with the introduction of the Maximum Fair Price (MFP) reimbursement framework.

In long-term care (LTC) pharmacy, pharmacies hold a high volume of medications, which also carry high inventory costs. The efficiency of your back-end operations, particularly inventory management, plays a silent but significant role in your financial health and overall success. Are you fully aware of the hidden costs that inefficient inventory practices might be inflicting on your bottom line? In this article, we'll delve into some key metrics that underscore the critical importance of effective inventory management in your unique setting and review some practices you can consider implementing today to improve your approach to inventory management in the pharmacy: