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Compensation for consultant pharmacy services to long-term care facilities
Summary
Determining compensation for consultant pharmacy services in long-term care facilities is crucial. A new methodology suggests comprehensive services cost only $0.10 per patient daily in central Connecticut.
Area of Science:
- Pharmacy Practice
- Healthcare Economics
- Long-Term Care Management
Background:
- Limited professional literature exists on compensation for consultant pharmacy services in long-term care facilities.
- Current compensation models may not accurately reflect the comprehensive services required by regulations.
Purpose of the Study:
- To conduct a historical review of compensation for consultant pharmacy services.
- To propose a methodology for calculating the costs of providing comprehensive services.
- To establish a standard for states to determine service provision costs.
Main Methods:
- Historical literature review.
- Development of a cost-determination methodology for consultant pharmacy services.
- Application of the methodology to a specific region (central Connecticut).
Main Results:
- The study presents a methodology for calculating consultant pharmacy service costs.
- The cost of providing comprehensive pharmacy consulting services in central Connecticut was determined to be $0.10 per patient per day.
Conclusions:
- The proposed methodology offers a framework for standardizing cost determination.
- Accurate compensation is essential for ensuring the sustainability of consultant pharmacy services in long-term care.
- The low calculated cost highlights a potential gap in current reimbursement structures.
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