Articles
Most long-term care (LTC) and skilled nursing facilities (SNFs) continue to grapple with substantial financial strain due to the ripple effects of supply chain disruption, staffing issues, and rising drug costs. Drug costs represent the…
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Tech-Powered Transparency Means Significant Savings At SRX, transparency is vital to helping skilled nursing and long-term care operators achieve their lowest net drug cost. In order to achieve a level of transparency that makes rebate…
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A Winning Drug Utilization Strategy to Avoid Missed Savings With SRX’s Full Service Pharmacy Cost Management solution, one skilled nursing facility (SNF) operator greatly reduced the number of missed savings over a one-year period. This…
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Are You Missing Out on Significant Savings By Manually Managing Rebates? Many long-term care (LTC) pharmacies and facilities are becoming familiar with the significant savings drug manufacturer rebates offer them, but one particular aspect of…
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Why the Best Software and Experts Aren’t the Only Solutions for More Transparency One of the most essential relationships in long-term care (LTC) is between a facility and its pharmacy partner. This is due to…
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As the significance of drug manufacturer rebates is increasingly discussed across the healthcare industry, it’s important to understand why the complexity around rebate administration has led to certain issues and to identify the solutions available…
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SRX has been named one of the “5 Best HealthTech Solution Providers” by CIO Bulletin, a leading news platform for business and IT professionals. The publication identified SRX as an innovator in post-acute and long-term…
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What Business, Life, and Academia Can Teach Healthcare Providers This year, AHCA released a report analyzing the state of staffing in the nursing home industry. That report projected a recovery to pre-pandemic staffing levels by…
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How Facilities Can Use Rebates to Achieve Their Lowest Net Cost While long-term care facilities’ margins are struggling due to staffing shortages and increasing administrative costs, high-performing long-term care (LTC) operators are maximizing a lesser-known…
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Swap Costly Medications for Safe Alternatives With a Simple Letter Therapeutic interchange is the practice of replacing one or several medications with a therapeutically equivalent alternative. Medications included in a therapeutic interchange program must be…
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