Long Term Pharmacy Solutions

What Long Term Pharmacy Solutions does

Long Term Pharmacy Solutions (LTPS) is a regional institutional pharmacy founded in 2002 and headquartered in Lowell, Massachusetts, providing long-term care pharmacy services to facilities and patients across Massachusetts, Maine, and New Hampshire. The company was acquired by PharMerica Corporation and now operates as a wholly-owned subsidiary within the PharMerica family of institutional pharmacies, which itself sits under BrightSpring Health Services. LTPS's core service portfolio includes Medication Home Delivery, Custom Medication Packaging, Prescription Compounding, MAP Consulting, 24-Hour Emergency Service, and Pain Management Therapy, with clinical programs spanning antibiotic stewardship, opioid stewardship, psychotropic stewardship, and pharmacogenomics.

The company's underlying technology is a pharmacy services platform for institutional medication management, encompassing medication dispensing, compliance tracking, custom packaging workflows, compounding capabilities, and clinical documentation systems. Through PharMerica affiliation, LTPS leverages proprietary programs including the Illuminate educational platform (webinars, The Quality Digest newsletter, Spoonful of Sugar Podcast) and affiliated specialty pharmacy brands (Onco360, CareMed, ConnectMed360, Amerita, OnePoint Patient Care, Pharmacy Alternatives, Express Care Pharmacy, Chem Rx, Blake Pharmacy). The 24-hour emergency service capability functions as a differentiator for urgent medication needs outside normal business hours.

LTPS generates revenue primarily through recurring institutional pharmacy contracts negotiated with healthcare facility operators on a quote-based pricing model that is not publicly disclosed. Its customer base spans eight vertical segments: Long-Term & Post-Acute Care Facilities (primary), Senior & Independent Living (primary), Behavioral Health, Hospitals, Home Infusion, Specialty Pharmacy, Hospice, and Transitional Care. Go-to-market is enterprise field sales targeting facility administrators and provider organizations, supported by trade show presence, webinars, organic social, and email/newsletter programs. PharMerica's broader network serves thousands of long-term care facilities nationwide, providing LTPS with a distribution advantage it would not have as an independent regional operator.

Name

Long Term Pharmacy Solutions

Legal name

PharMerica Corporation

Website

https://ltpharmacy.com

Company type

Private

Founded year

2002

Operating status

Acquired

Ownership category

akta.pro rank

Product category

Institutional Pharmacy Services

NAICS

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

SIC

Services-Health Services (8000), Services-Skilled Nursing Care Facilities (8051)

akta.pro industry

PRIMARYHLAFALAF

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

Healthcare & Life Sciences/Healthcare Providers & Systems/Pharmacy & Medication Management Services

SECONDARYHLAFALAK

Medication Reconciliation & Transitions-of-Care Pharmacy Services

Healthcare & Life Sciences/Healthcare Providers & Systems/Pharmacy & Medication Management Services

SECONDARYHSABALAD

Pharmacy Liaison & Prior Authorization/Insurance Coordination

Home & Personal Services/Elder Care & In-Home Care Services/Medication Management & In-Home Pharmacy Support

Keywords

• Long-term care pharmacy
• Institutional pharmacy services
• Skilled nursing pharmacy
• Medication management
• Specialty pharmacy services

Headquarters

HQ city

Lowell

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Institutional Pharmacy Services: Recurring pharmacy services revenue generated through contracts with long-term care facilities, skilled nursing homes, senior living communities, and other institutional healthcare providers. Services include medication dispensing, custom packaging, compounding, and clinical pharmacy services.
2. Specialty Pharmacy Services: Specialty pharmacy services for patients with complex conditions including cancer care and other specialized medication needs.
3. Continue Care Transitional Services: Home-based primary care and nurse hub outreach combined with medication management solutions for patients transitioning from care settings back home.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Long Term Pharmacy Solutions (LTPS) is an institutional pharmacy that delivers long-term care pharmacy services to skilled nursing facilities, senior living communities, hospice providers, and other complex-care populations. Its core offerings include medication home delivery, custom medication packaging, prescription compounding, MAP consulting, 24-hour emergency service, and pain management therapy, all delivered as contracted pharmacy services to facilities across Massachusetts, Maine, and New Hampshire.

Product overview

Long Term Pharmacy Solutions (LTPS) is an institutional pharmacy subsidiary operating as part of the PharMerica family of companies. LTPS offers a suite of pharmacy services for complex populations including skilled nursing and assisted living residents, hospice patients, and individuals with physical and developmental disabilities. The company's services include Medication Home Delivery, Custom Medication Packaging, Prescription Compounding, MAP Consulting, 24-Hour Emergency Service, and Pain Management Therapy. These services are designed to strengthen medication management and better meet the needs of facilities and patients in Massachusetts, Maine, and New Hampshire. LTPS leverages PharMerica's innovative and proprietary products and programs to deliver high-quality pharmacy services.

Differentiator

Problem solved

Functional benefit

Brands

• PharMerica: The pharmacy expert for complex populations, including skilled nursing and assisted living residents, hospice patients, and individuals with physical and developmental disabilities

Products and services

• Medication Home Delivery On-time medication delivery service for long-term care facilities and patients served by LTPS in Massachusetts, Maine, and New Hampshire.
• Custom Medication Packaging Organizes medications into customized packaging to ease administration in long-term care settings, addressing compliance and dosing safety for institutional patients.
• Prescription Compounding Customizes prescription medications to meet specific patient needs not addressed by commercially available products, for long-term care and complex patient populations.
• MAP Consulting Consulting services for medication management and pharmacy operations in long-term care facilities.
• 24-Hour Emergency Service Round-the-clock emergency pharmacy services addressing urgent medication needs outside regular business hours for institutional clients.
• Pain Management Therapy Therapeutic medication programs designed to help manage pain for patients in long-term and post-acute care settings.
• Continue Care Transitional Services Home-based primary care and nurse hub outreach combined with medication management solutions for patients transitioning from care settings back home, supplying up to 44 days of medications.
• Specialty Pharmacy Services Specialty pharmacy services for patients with complex conditions including cancer care and other specialized medication needs, delivered through the PharMerica institutional pharmacy network.

Quantifiable outcome

• On-time delivery every time for optimal medication availability
• +2 more outcomes

Segments8 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• PharMerica CorporationcoreStrategic or Co-development PartnerLTPS is now part of PharMerica Corporation, the pharmacy expert for complex populations. The integration positions LTPS to strengthen services and better meet the needs of facilities and patients in the Northeast through PharMerica's innovative and proprietary products and programs.

Scale indicators4 records

Recent moves4 records

Expansion highlights4 records

Market position

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/PharMericaCorp
• Facebookfacebook.com/PharMericaCorp
• LinkedInlinkedin.com/company/long-term-pharmacy-solutions

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

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 Long Term Pharmacy Solutions