NuScriptRx

About NuScriptRx

NuScriptRX, established in 2004 and based in Nashville, Tennessee, operates as an institutional pharmacy providing services to long-term care facilities. The company was developed by long-term care professionals with extensive experience in skilled nursing and assisted living facilities. A significant milestone in its history was in 2014 when Sentara Healthcare, initially a customer, became a 12% partner, a move that included a seat on the board. This partnership followed Sentara's successful implementation of the NuScriptRX system in its own facilities. By 2017, NuScriptRX was acquired by Synchrony Pharmacy.

The company's business model is centered on providing a comprehensive pharmaceutical solution that improves efficiency and reduces costs for its clients, which include nursing centers, assisted living villages, and Programs of All-inclusive Care for the Elderly (PACE). NuScriptRX's core offering addresses the pharmaceutical needs of these facilities by deploying a combination of technology and streamlined processes. Revenue is generated by providing these specialized pharmacy services, which aim to manage and lower medication-related expenditures for healthcare operators.

At the heart of NuScriptRX’s service is a system designed to enhance medication safety and accessibility. A key feature is the on-site, automated eMedStat medication dispensing machine, which stocks over 350 different medications. This system allows for rapid dispensing, enabling medication to be administered within 60 to 90 minutes of an order, a critical factor for new admissions or urgent needs. Another distinct aspect is the company's process of delivering medications in 7-day dosage packages, a departure from the 30-day industry standard. This shorter cycle is designed to reduce waste by up to 60% and can result in cost savings of 10-15% for facilities. The service is supported by PharmCom, a web-based, real-time pharmacy management and tracking system that integrates with a facility's own electronic medical records.