LTCRFP Services
LTC RFP provides expert consulting services to optimize pharmacy selection and management for long-term care, assisted living, and personal care homes.
Contract Review Service
LTCRFP will review your existing pharmacy agreement to identify opportunities for financial improvement, implement beneficial facility language, enhance terms, and provide a projected percentage of potential savings. To avoid “Tortious Interference” claims, the facility must engage LTCRFP for this service prior to conducting a review.
Historical Audit
LTCRFP will review previous months' invoices to determine whether you were billed correctly according to your contract. This audit will also provide an estimate of the potential savings a new contract could bring and evaluate whether the pharmacy is sourcing from the lowest-cost manufacturer.
Request for Proposal (RFP)
LTCRFP will facilitate an RFP process for your facility, gathering multiple bids for your pharmacy contract. The RFP focuses on five key areas:
Operations
Service
Financial
Clinical
Technology
This comprehensive approach ensures the best pharmacy solution for your facility. Conducting an RFP does not require switching providers.
Contract Implementation
Once a pharmacy provider is selected through the RFP process, LTCRFP ensures that all RFP responses are accurately reflected in the final pharmacy contract. This service is included in the RFP process.
Neutral Third-Party Account Management
LTCRFP provides a direct point of contact between your facility and the pharmacy, ensuring that all levels of service are maintained as outlined in the pharmacy agreement.
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