Name

Precision LTC Pharmacy

Legal name

Precision LTC Pharmacy

Website

https://precisionltc.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Long-Term Care Pharmacy Services

NAICS

Pharmacies and Drug Retailers (456110), Nursing and Residential Care Facilities (623), Nursing Care Facilities (Skilled Nursing Facilities) (623110)

SIC

Retail-Drug Stores And Proprietary Stores (5912), Services-Nursing & Personal Care Facilities (8050), Services-Health Services (8000)

akta.pro primary industry

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

akta.pro secondary industries

Hospital & Health-System Pharmacies (Inpatient/Outpatient) (HLAFALAB), Pharmacy Interoperability, Standards & Integration (FHIR/NCPDP) (HLACAKAO), Medication Reconciliation & Skilled Medication Administration (Clinical) (HSABACAH)

Keywords

• Long-term care pharmacy
• Skilled nursing pharmacy services
• Medication management solutions
• Assisted living pharmacy
• Clinical pharmacy consulting

Headquarters

HQ city

Farmingdale

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Long-Term Care Pharmacy Services: Provides comprehensive pharmacy services to long-term care facilities including medication dispensing, delivery, consulting, and clinical management. Revenue is generated through ongoing pharmacy service contracts with healthcare facilities including skilled nursing, assisted living, rehabilitation centers, addiction treatment, and correctional facilities.
2. Specialty Pharmacy and Medication Management: Specialized medication management services including chart-to-cart audits, prior authorization support, formulary management, and cost containment analysis for facilities.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Precision LTC Pharmacy dispenses and delivers prescription medications and clinical pharmacy services to long-term care facilities such as skilled nursing, assisted living, rehabilitation, addiction treatment, residential, and correctional facilities. Services include 24/7/365 pharmacy access, eHR/eMAR-integrated medication management, GPS-tracked delivery, formulary/cost containment, prior authorization support, and on-site consulting.

Product overview

Precision LTC Pharmacy operates as a unified long-term care pharmacy platform offering a portfolio of integrated products and services. At its core is the eHR / eMAR electronic medication administration system, which provides bidirectional integration between facilities and the pharmacy. This is supported by a HIPAA-compliant WebConnect pharmacy portal enabling real-time data sharing, prescription management, secure messaging, and drug interaction checking. The Clinical Management Platform delivers real-time safety oversight including drug-to-drug interaction checks, therapeutic duplication alerts, and geriatric-specific safety flags. Additional offerings include Medication Management and Delivery Services with GPS tracking, Pharmacy Consulting Services, a Prior Authorization Liaison, customizable packaging, and cost containment tools. All services are delivered through a paperless, fully digital workflow with 24/7 pharmacy access.

Differentiator

Problem solved

Functional benefit

Products and services

• eHR / eMAR Integration

Quantifiable outcome

• 100% delivery success maintained even during Hurricane Sandy
• +3 more outcomes

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature7 records

Partnerships

One partnership is on record.

• Leading Pharmacy Software Innovator (Unnamed)coreTechnology or IntegrationPrecision LTC Pharmacy has partnered with the leading pharmacy software innovator to provide eHR/eMAR integration capabilities. This partnership enables bidirectional interface with the pharmacy, quicker med passes, reduced medication errors, and real-time order updates and communication between facilities and pharmacy.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Guardian Pharmacy Services: One of the largest employee-owned LTC pharmacy operators in the US, serving assisted living, SNF, and behavioral health customers with a regional pharmacy model closely mirroring Precision's setup. Directly comparable business and service model.
• ExactCare Pharmacy: Specialty pharmacy focused on at-risk and complex-care patients in LTC settings, with strong technology-driven medication adherence and delivery operations. Comparable technology-oriented pharmacy serving long-term care populations.
• PharmScript: Regional LTC pharmacy serving SNFs and assisted living facilities across multiple states with customized packaging, clinical support, and eMAR integration — closely paralleling Precision's core offering.
• PharMerica (BrightSpring Health Services): One of the largest US LTC/senior living pharmacy providers, serving SNFs, assisted living, and behavioral health facilities. Direct competitor in the long-term care pharmacy segment with overlapping eMAR integration and clinical management capabilities.
• Partners Pharmacy: Long-term care pharmacy serving assisted living, behavioral health, and correctional facilities with clinical consulting and 24/7 service. Direct peer for Precision's diversified facility-type approach including addiction treatment and corrections.
• Omnicare (CVS Health): National LTC and specialty pharmacy subsidiary of CVS Health serving skilled nursing, assisted living, and other senior care providers. Same core pharmacy services and clinical management technology, but at vastly larger national scale.

Broad incumbents

• Innovatix: Group purchasing organization serving non-acute and LTC care providers, adjacent to Precision's pharmacy services through contracting influence on pharmaceutical purchasing for the same facility types.
• CPS Solutions (Cardinal Health): Cardinal Health's hospital and health-system pharmacy services arm delivering clinical and medication management to a broad range of facilities. Overlaps with Precision's clinical management and consulting offerings within a much larger enterprise portfolio.

Emerging players

• Clarest Health: Tech-enabled LTC pharmacy offering clinical services and digital medication management to post-acute and senior care providers. Comparable technology-forward LTC pharmacy approach, though at smaller scale.

Regional players

• Smith Pharmacy / Mountaineer Pharmacy Services: Regional LTC pharmacy serving skilled nursing and assisted living facilities. Comparable regional pharmacy model but operating in a different geography, useful as a regional benchmark.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/PrecisionLTCPharmacy
• LinkedInlinkedin.com/company/precision-ltc-pharmacy
• Instagraminstagram.com/precisionltcpharmacy

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 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 Precision LTC Pharmacy