The Future of Long-Term Care in America: Risks & Opportunities for LTC Pharmacies

Featuring Alan Rosenbloom, President & CEO of the Senior Care Pharmacy Coalition

Nearly 75%  of Americans who need long-term care (LTC) live at home or in the community, not in LTC facilities. Various trends – consumer preferences, the cost of facility-based care, questions about quality in LTC facilities, and expansion of Medicaid-funded home-and-community-based services (HCBS) – have been keeping more people at home and fewer people in facilities. The COVID-19 pandemic has accelerated these trends. While vaccines seem to have brought the pandemic under control, the LTC market remains unsettled and the “new normal” has yet to emerge.

This program considers these accelerating trends and their implications for the future of LTC in America, including the risks and opportunities for LTC pharmacies in the emerging future. The program assesses public policy developments under President Biden and a Congress currently in Democratic hands, and the payment policies that could make or break opportunities for LTC pharmacies in the competition to care for people with LTC needs wherever they live – at home, in the community, or in facilities.   

Special guest Alan Rosenbloom, President & CEO of SCPC, returned to the webinar stage to share his perspective on risks and opportunities for LTC pharmacy, and will help participants:

• Assess LTC market recovery from COVID-19 pandemic and implications for current and future LTC pharmacy business models
• Understand public policy initiatives regarding expansion of home and community-based services and drug pricing reform
• Explore market risks and opportunities arising from LTC market trends and possible policy changes

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