LTC Pharmacy Management

What LTC Pharmacy Management does

LTC Pharmacy Management is a privately held pharmacy network management organization headquartered in Shreveport, Louisiana, founded in 1999 to connect long-term care pharmacies with nursing facilities. The company operates through seven partner pharmacy brands — National Pharmacy, Healthcare Pharmacy, Fusion Care Pharmacy, Magnolia Pharmacy, Senior Script Pharmacy, Covenant Pharmacy, and Senior Health Pharmacy — collectively serving more than 160 long-term care facilities across Louisiana, Mississippi, and Texas. Its core offering is a managed pharmacy services platform that bundles medication dispensing, Part A formulary solutions, PBM services, dedicated billing specialists, coordinated medication delivery, 24/7 staff pharmacist availability, med carts and emergency drug kits, and compliance programs covering HIPAA, HITECH, FWA, OIG/EPLS, and Medicare requirements. Underlying the service is the largest independent LTC Pharmacy Software used in-house for billing, claims, patient records, and facility coordination.

The company's go-to-market is enterprise field sales: it builds direct relationships with nursing facility administrators and clinical staff, supplemented by clinician referral networks. Revenue is generated through contractual arrangements with long-term care facilities, payer reimbursements (including Medicare Part A), and PBM contracting; pricing is not publicly disclosed. Competitive positioning rests on three structural advantages: membership in the largest nationwide LTC global purchasing organization for drug volume discounts, membership in the largest independent LTC pharmacy network for reimbursement negotiation leverage, and centralized back-office functions (billing, IT, HR, compliance) shared across the partner network. The company is led by Managing Partner Sam Mahfouz with Regional Directors of Operations Doug Robichaux, RPh and Kevin Robichaux, RPh, plus a Director of IT, HR Director, and Billing Office Manager.

Name

LTC Pharmacy Management

Legal name

LTC Pharmacy Management

Website

https://ltc-pm.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

101–250 employees

Short description

LTC Pharmacy Management is a privately held network management organization that connects long-term care pharmacies with nursing facilities, operating seven partner pharmacy brands serving 160+ facilities across Louisiana, Mississippi, and Texas with dispensing, billing, PBM, and 24/7 clinical pharmacy services.

Ownership category

akta.pro rank

Product category

Long-Term Care Pharmacy Services

NAICS

Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)

SIC

Services-Health Services (8000)

akta.pro primary industry

Long-Term Care (LTC) & Skilled Nursing Facility Pharmacies (HLAFALAF)

akta.pro secondary industries

Pharmacy Benefit Management (PBM) & Pharmacy Network Administration (HLAFALAI), Pharmacy Network Contracting & Management (HLAEAKAB), Pharmacy Benefit/Channel Services (PSAO, 340B Admin, Chargebacks/Rebates Ops) (CRAOAHAK)

Keywords

• Long-term care pharmacy
• Pharmacy management services
• Nursing facility pharmacy
• Part A formulary services
• LTC pharmacy network

Headquarters

HQ city

Shreveport

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Pharmacy Services to Long-Term Care Facilities: LTC Pharmacy Management provides comprehensive pharmacy services to nursing facilities, including medication dispensing, billing coordination, formulary management, and clinical pharmacy support. Revenue is generated through pharmacy services billed to healthcare facilities, insurance providers (including Medicare Part A), and potentially facility contracts.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

LTC Pharmacy Management operates a network of long-term care pharmacies that partners with nursing facilities to deliver comprehensive pharmacy services, including medication dispensing, Part A formulary management, PBM services, billing coordination, 24/7 pharmacist support, and regulatory compliance programs. The company serves as a management and contracting entity for partner pharmacies serving long-term care facilities across Louisiana, Mississippi, and Texas.

Product overview

LTC Pharmacy Management is a network of long-term care pharmacies providing a unified pharmacy management platform for nursing facilities. The core offering consists of Pharmacy Management Services, which encompasses Part A Formulary Solutions, PBM Services, Billing Services, Medication Delivery, 24/7 Pharmacist Support, Compliance Programs, and LTC Pharmacy Software. The company operates through a network of seven partner pharmacy brands: National Pharmacy, Healthcare Pharmacy, Fusion Care Pharmacy, Magnolia Pharmacy, Senior Script Pharmacy, Covenant Pharmacy, and Senior Health Pharmacy, each serving long-term care facilities across Louisiana, Mississippi, and Texas.

Differentiator

Problem solved

Functional benefit

Products and services

• Pharmacy Management Services for Long-Term Care Facilities Comprehensive pharmacy management services for long-term care facilities, providing medication dispensing, billing coordination, formulary management, 24/7 pharmacist access, emergency drug kits, med cart provision, PBM services, and full compliance programs to nursing homes and skilled nursing facilities.
• LTC Pharmacy Management Software In-house pharmacy management software system supporting billing, patient records, claims, and facility coordination across the LTC Pharmacy Management partner pharmacy network.

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Seven partnerships are on record, tiered core.

• National PharmacycoreStrategic or Co-development PartnerNational Pharmacy operates as a partner pharmacy with two locations in Louisiana and Mississippi, serving as a local pharmacy of choice for Long Term Care facilities within the LTC Pharmacy Management network.
• Healthcare PharmacycoreStrategic or Co-development PartnerHealthcare Pharmacy, located in Shreveport, LA, provides quality and customer-focused service to over 25 different Long Term Care facilities across Louisiana as a partner within the LTC Pharmacy Management network.
• Fusion Care PharmacycoreStrategic or Co-development PartnerFusionCare Pharmacy operates two locations in Louisiana and Mississippi, providing specialized Long Term Care services to nearly 30 facilities across both states as a partner pharmacy.
• Senior Script PharmacycoreStrategic or Co-development PartnerSenior Script Pharmacy, located just outside of Baton Rouge, Louisiana, provides exceptional Long Term Care services to 20 facilities statewide as a partner within the LTC Pharmacy Management network.
• Covenant PharmacycoreStrategic or Co-development PartnerCovenant Pharmacy, established in 2001, has grown to service 35 Long Term Care Facilities throughout the state of Mississippi as a partner pharmacy.
• Magnolia PharmacycoreStrategic or Co-development PartnerMagnolia Pharmacy has over 30 long term care facilities in Louisiana while remaining locally owned, providing state-wide pharmaceutical resources as a partner pharmacy.
• Senior Health PharmacycoreStrategic or Co-development PartnerSenior Health Pharmacy, located in Fort Worth, Texas, provides specialized pharmaceutical care to long-term care nursing homes and pediatric facilities across the state of Texas as a partner pharmacy.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Omnicare (CVS Health): National LTC pharmacy chain owned by CVS Health serving skilled nursing, assisted living, and other senior care settings. Overlaps with LTC Pharmacy Management across LTC dispensing and clinical pharmacy services, but operates as part of a much larger retail/PBM conglomerate.
• CenterWell Pharmacy (Humana): Pharmacy arm of Humana serving senior care populations, including LTC and home-based patients. Comparable end customer (elderly/senior) and pharmacy service offering, but operates as part of a large payer-integrated platform.

Emerging players

• ExactCare Pharmacy (Tabula Rasa HealthCare): Pharmacy and medication management provider focused on complex, chronic, and LTC patient populations with at-home and facility delivery. Comparable medication management, packaging, and clinical services to LTC Pharmacy Management's formulary and compliance offering.
• CarePoint Partners (BioScrip/Option Care): Specialty and home/suite-based infusion and pharmacy provider serving chronic and post-acute populations. Adjacent to LTC Pharmacy Management's dispensing and clinical pharmacy focus, with overlap in chronic-disease medication management for facility patients.

Direct peers

• ProCare LTC Pharmacy: Regional LTC pharmacy operator providing medication dispensing and clinical pharmacy services to skilled nursing and assisted living facilities. Competes with LTC Pharmacy Management for nursing facility contracts in overlapping southern/midwestern US markets.
• PharMerica: One of the largest US long-term care pharmacy operators, dispensing medications to nursing facilities and assisted living communities nationally. Directly comparable to LTC Pharmacy Management in core LTC dispensing, PBM, and consultant pharmacist services, but at significantly greater scale.
• PharmScript: Specialty LTC pharmacy provider focused on long-term care and post-acute facilities, offering dispensing, consulting, and clinical support. Directly comparable service offering and customer segment to LTC Pharmacy Management, with a more national footprint.
• ContinuumRx: Specialty and LTC-focused pharmacy serving long-term care facilities, infusion patients, and post-acute providers. Overlaps with LTC Pharmacy Management in the LTC dispensing and facility-side clinical services space.
• Guardian Pharmacy Services: Large US LTC pharmacy group with a network model similar to LTC Pharmacy Management, serving assisted living, skilled nursing, and behavioral health facilities across multiple states. Highly comparable in target customer, service mix, and regional partner-pharmacy structure.
• Remedi SeniorCare: LTC and post-acute pharmacy provider with a national footprint, offering dispensing, packaging, and clinical pharmacy services to nursing facilities. Comparable customer base and service portfolio to LTC Pharmacy Management's network.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/national-pharmacy

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LTC Pharmacy Management