Latest / Pharmacy Podcast Network / Live from the FrameworkLTC Innovation Conference (Part 1) | FrameworkFocus™
Transcript
- 0:05Speaker 1: You are listening to the global network of podcasters dedicated
- 0:09Speaker 1: to the pharmacy profession. Welcome to the Pharmacy Podcast Network.
- 0:29Speaker 2: The Framework LTC Innovation Conference with September fifteenth through the seventeenth,
- 0:33Speaker 2: twenty twenty five in San Diego. We're bringing you press
- 0:37Speaker 2: coverage from the floor where long term care pharmacy connects
- 0:40Speaker 2: and innovates. Today's episode spotlight real world tech that's reshaping
- 0:45Speaker 2: LTC operations, from analytics to access and how those tools
- 0:49Speaker 2: translate into safer, faster care. Framework LTC from Softwriters powers
- 0:55Speaker 2: hundreds of LTC pharmacies with workflow, automation, billing, and real
- 0:59Speaker 2: time time insight across dispensing and delivery. If you're building
- 1:03Speaker 2: a resilient, scalable LTC operation, this is where you'll see
- 1:08Speaker 2: what's next. Across this series, we sat down with leaders
- 1:11Speaker 2: in LTC pharmacy, operators, clinicians and partners to unpack what's working,
- 1:17Speaker 2: what isn't, in which integrations are worth your time. This
- 1:20Speaker 2: coverage is sponsored by the Framework Focus podcast, part of
- 1:23Speaker 2: the Pharmacy Podcast Network. Your monthly deep dive into trends
- 1:27Speaker 2: in tech shaping LTC. Stick with us for candid conversations,
- 1:31Speaker 2: practical takeaways in a front row view of the conference.
- 1:34Speaker 3: Framework Focus, the podcast for Everything Long Term Care Pharmacy.
- 1:39Speaker 3: I'm here with Patrick Cosgrowth. Patrick, what do you do
- 1:44Speaker 3: at Softwriters?
- 1:46Speaker 4: I am the regional sales executive in the Southeast for Framework,
- 1:50Speaker 4: LTC and ECM, primarily on the new business side.
- 1:53Speaker 3: You know, before we were interviewing, you and I were
- 1:55Speaker 3: talking about kind of like the evolution of where we're
- 1:58Speaker 3: at today. You had experience in electronic health records, gathering
- 2:03Speaker 3: data from other sources chump ahead. Now twenty twenty five,
- 2:07Speaker 3: I feel like the old hat head in the room
- 2:10Speaker 3: because I can say back in the day, you know,
- 2:13Speaker 3: we had a closed database system and then Sequel came
- 2:16Speaker 3: on the market and Framework was revolutionary. Now we have
- 2:20Speaker 3: things like Framework insights, we have artificial intelligence kind of
- 2:24Speaker 3: being part of it. You have a big you have
- 2:26Speaker 3: like a larger insight about systems that you used to
- 2:29Speaker 3: sell and be part of. Give us an overview of
- 2:32Speaker 3: where you think long term care pharmacy technology is going.
- 2:37Speaker 5: Well, that's a full question. Is that I think?
- 2:39Speaker 4: You know, I definitely think AI is going to continue
- 2:42Speaker 4: to improve, not only from a new RX standpoint, but
- 2:45Speaker 4: better make operational decisions.
- 2:48Speaker 5: That's where Insights come in.
- 2:49Speaker 3: But not just where we're going.
- 2:51Speaker 4: From the last four years that I've been with soft Writers,
- 2:54Speaker 4: the amount of products that they've released, I just want
- 2:57Speaker 4: to call out, like Insight obviously this year, but there
- 2:59Speaker 4: was r XP, We've seen you know, Pod release, We've
- 3:03Speaker 4: seen several different software products that have already helped impact.
- 3:07Speaker 4: I think being able to take those products that we've
- 3:09Speaker 4: already have grow on top of it is going to
- 3:12Speaker 4: be where we will make the most the quickest impact.
- 3:16Speaker 4: When we talk long term down the road, where I
- 3:18Speaker 4: brought up the new RX piece. You know, we've kind
- 3:21Speaker 4: of figured out that refill requests and being able to
- 3:23Speaker 4: automate those processes. But one of the biggest challenge right
- 3:27Speaker 4: now in the order entry space is employment and you know,
- 3:31Speaker 4: cost going up, and as those costs go up, the
- 3:33Speaker 4: software piece of it is going to be most important
- 3:36Speaker 4: to be able to help automate those workflows accurately and
- 3:40Speaker 4: make sure that you are not just replacing an order
- 3:43Speaker 4: entry technician, you actually are better and more accurate and
- 3:46Speaker 4: more efficient.
- 3:48Speaker 5: With those operations.
- 3:49Speaker 4: So I see those being the two biggest areas that
- 3:53Speaker 4: AI will improve.
- 3:55Speaker 3: We are in sunny San Diego here celebrating long term
- 3:59Speaker 3: care pharmacy. There are so many people here. This is
- 4:02Speaker 3: like one of the biggest events that I've been to
- 4:04Speaker 3: with regards to Framework's user conference, and that is an
- 4:08Speaker 3: innovation in of itself. But what do you like about
- 4:11Speaker 3: gathering our clients together and being here, Well.
- 4:14Speaker 4: The collaboration is definitely the best part. Not only are
- 4:17Speaker 4: the ideas that are going to come from this conference
- 4:20Speaker 4: are going to be kind of the stepping stones to
- 4:23Speaker 4: the future, but pulling together, you know, the biggest players
- 4:27Speaker 4: in the long term care space, putting them in the
- 4:30Speaker 4: same room, not only sharing our vision, but then listening
- 4:33Speaker 4: back to what they're telling us.
- 4:35Speaker 3: And that's really where.
- 4:36Speaker 4: We'll be able to make the biggest impact, listening to
- 4:38Speaker 4: our customers, the leaders in that space, and then making
- 4:42Speaker 4: the adjustments from there.
- 4:44Speaker 3: Absolutely, it's almost like you guys are creating a new
- 4:46Speaker 3: blueprint of what is the future of long term care pharmacy.
- 4:50Speaker 3: We are the gold standard, that's right, no bias me. Well, Hey,
- 4:58Speaker 3: we like we love this, we love being part of it.
- 5:01Speaker 3: Thank you so much for being on Framework Focus.
- 5:04Speaker 4: Thank you Tom for having us.
- 5:11Speaker 3: Framework LTC Innovation Conference. Twenty twenty five. I'm here with
- 5:15Speaker 3: Third Wave RX Alisha Wetzel, Fellow pittsburgher Go Stealers.
- 5:22Speaker 6: Stealers.
- 5:22Speaker 3: They need all the help they can get. They're steelers.
- 5:26Speaker 6: We are hopeful. So far, it's not looking it's good.
- 5:30Speaker 3: It's inconsistent. It's exactly what we are. We're either really
- 5:33Speaker 3: good or really bad, and last last week it was bad. Yeah,
- 5:37Speaker 3: all right, let's talk about business. We're here at the
- 5:39Speaker 3: Innovation conference. What is it about Framework LTC in this
- 5:44Speaker 3: conference that you invest time to come to? What do
- 5:47Speaker 3: you like best about being here?
- 5:48Speaker 7: Well?
- 5:49Speaker 6: I love the energy of all of the innovators here,
- 5:53Speaker 6: and the technology companies and the automation and the pharmacies.
- 5:57Speaker 6: Last but not least so the leading long term care
- 6:01Speaker 6: pharmacies that are supporting and you know, servicing the long
- 6:08Speaker 6: term care facilities across the country. You know, the players
- 6:12Speaker 6: are here and it's a great conference to attend to
- 6:14Speaker 6: get in front of them.
- 6:16Speaker 8: Yeah.
- 6:16Speaker 3: I like it too because it brings all of the players,
- 6:18Speaker 3: specifically in long term care, under one roof and we
- 6:21Speaker 3: can really kind of brainstorm together. Speaking of brainstorming, if
- 6:25Speaker 3: I'm trying to scale my long term care pharmacy, especially
- 6:28Speaker 3: with we're coming out of a lot of facets of
- 6:31Speaker 3: PBM reform my rebates and rebate strategy. If I don't
- 6:36Speaker 3: i'm a pharmacy operator, or I'm a pharmacist, or I
- 6:39Speaker 3: own part of the business, I need a partner to
- 6:42Speaker 3: really help me dial into that talk to us about
- 6:44Speaker 3: what third Wave is doing and how that's impacting profitability
- 6:48Speaker 3: for our long term care pharmacies.
- 6:50Speaker 6: So we are a leader in the post administration managed
- 6:53Speaker 6: care part A rebate space and we provide unparalleled leading
- 6:58Speaker 6: rebates to long term care pharmacies. What we also provide
- 7:03Speaker 6: our pharmacy cost management services. So these pharmacies who are
- 7:07Speaker 6: struggling and they have their challenges from anywhere from operations
- 7:12Speaker 6: but also to the cost of their medications and returns
- 7:17Speaker 6: and dealing with all of those medication costs, that we
- 7:22Speaker 6: provide them tools and solutions to support them with all that.
- 7:26Speaker 6: And then when it comes to the post administration rebates,
- 7:31Speaker 6: these rebates are truly a match because of where we
- 7:36Speaker 6: stand with our partners at the PBM level, and so
- 7:40Speaker 6: whenever we partner at the top of the mountain, there's
- 7:43Speaker 6: not multiple layers in between us and we're able to
- 7:46Speaker 6: maximize rebates for our pharmacy clients.
- 7:49Speaker 3: And then I don't have if I'm an operator, I'm
- 7:51Speaker 3: on Framework LTC, I don't have to worry about going
- 7:54Speaker 3: to a separate website and doing a username, password or anything.
- 7:58Speaker 3: There's some API that's feeding mere feeding you data.
- 8:00Speaker 6: Correct, right, We're able to interface and feed the data
- 8:04Speaker 6: directly right through, just like their EMR systems, and we're
- 8:09Speaker 6: functioning just as similar as that from an adjudication process.
- 8:14Speaker 6: Over fifty percent of our pharmacies are adjudicating through our platform,
- 8:18Speaker 6: which is just like how the pharmacies are billing through
- 8:21Speaker 6: the Framework LTC system. And it's really a transition, a
- 8:25Speaker 6: smooth transition for them to adjudicate through our platform.
- 8:31Speaker 3: All right, I own a long term care pharmacy. I
- 8:33Speaker 3: have four thousand patient lives I'm caring for. I want
- 8:37Speaker 3: to reach out to you. I'm listening to what you're
- 8:39Speaker 3: saying right now. How long does it take to you
- 8:42Speaker 3: to do an evaluation for me to tell me maybe
- 8:45Speaker 3: how much revenue differential they'll be once we implement your solution.
- 8:49Speaker 6: Ye's absolutely so. As soon as we get the data
- 8:53Speaker 6: in our hands, we can get an analysis return back
- 8:56Speaker 6: to our clients within.
- 8:57Speaker 3: A few days and to do a thorough.
- 9:01Speaker 6: Analysis and presentation to walk you through what that exact
- 9:06Speaker 6: return would look like and that maximize rebates would look.
- 9:09Speaker 3: Like per NDC.
- 9:10Speaker 6: You know, we provide full transparency at an NDC level
- 9:16Speaker 6: and so you can see what that true return and
- 9:19Speaker 6: rebate would look like.
- 9:20Speaker 3: Excellent, All right, I'm listening to the show. You've piqued
- 9:22Speaker 3: my interest. Where do I go? What's your website so
- 9:26Speaker 3: we can reach out to third Wave RX?
- 9:27Speaker 6: So we're at third Wave rx dot com and you
- 9:32Speaker 6: also we also have a LinkedIn profile as well. And
- 9:36Speaker 6: certainly you know our team is all across the country.
- 9:39Speaker 6: We all essentially work remote, but we have a few locations.
- 9:43Speaker 3: Our corporate location.
- 9:45Speaker 6: Is in Las Vegas, but we also have our founders
- 9:49Speaker 6: headquartered in Boca Raton, and then we also have a
- 9:52Speaker 6: location of Manhattan, so in Salt Lake City. Our data
- 9:56Speaker 6: entry and data team, they're located in Salt Lake City.
- 9:59Speaker 6: So we're real in all areas.
- 10:03Speaker 3: The only locations I want to meet Alicia in is Pittsburgh.
- 10:07Speaker 3: It's my favorite city, and I'm going to book a
- 10:09Speaker 3: Raton to meet you down there. Exactly, tell me there too.
- 10:12Speaker 3: Everything else you can keep, especially the Vegas. I don't
- 10:15Speaker 3: want to go to Vegas.
- 10:16Speaker 6: I like San Diego right now though, we're here and
- 10:18Speaker 6: I'm loving it here.
- 10:19Speaker 3: It is very nice and we have the water right
- 10:21Speaker 3: out front. It's very nice. So, Alicia, this was your
- 10:25Speaker 3: very first podcast, wasn't it? It was my first? All right?
- 10:27Speaker 3: You heard it here on the Pharmacy Podcast Network. Thanks
- 10:30Speaker 3: for being part of the Innovation Show.
- 10:32Speaker 6: Thank you for having me.
- 10:37Speaker 8: Hi, this is Bill Hurts. I'm a singer director at
- 10:40Speaker 8: b D Parata and you're listening to Framework Focus.
- 10:45Speaker 5: Hey.
- 10:46Speaker 3: Bill, we are here at the innovation conference Framework LTC
- 10:49Speaker 3: Innovation Conference twenty twenty five. It's so good to see you.
- 10:52Speaker 8: Good to see you as well.
- 10:53Speaker 3: All right. So I am a gen xer. I'm a
- 10:57Speaker 3: very proud gen xer. My parents are baby probably yours
- 11:01Speaker 3: are as well. Absolutely, and we are as a nation
- 11:06Speaker 3: facing We're not even to the crest of the baby
- 11:09Speaker 3: boom Er hill yet. So pharmacy in the space of
- 11:15Speaker 3: critical care, chronic care, long term care, senior care, this
- 11:21Speaker 3: is so important to support these organizations. Why is BD
- 11:25Speaker 3: in this space and what's special about the Parada BD.
- 11:30Speaker 3: I've known Parata for over twenty years. But what is
- 11:34Speaker 3: it about the space that specially you guys.
- 11:36Speaker 8: Well, I think you said it well, Todd. At the
- 11:37Speaker 8: end of the day, it's the ability to help the
- 11:40Speaker 8: long term care pharmacies and this industry to be able
- 11:44Speaker 8: to take care of patients some of the sickest of
- 11:46Speaker 8: the sick that long term as we see that baby
- 11:49Speaker 8: boomer age and need increasing, the care needs to be
- 11:54Speaker 8: there in the long term care industry and what the
- 11:57Speaker 8: pharmacies are able to provide is really critical them and
- 12:00Speaker 8: so we're thrilled as bad Parada to be able to
- 12:02Speaker 8: continue to support these pharmacies, take care of these providers
- 12:06Speaker 8: and provide solutions to them that help them reduce their costs,
- 12:09Speaker 8: drive efficiencies and deliver better patient care. At the end
- 12:12Speaker 8: of the day, we all have a mother and father,
- 12:14Speaker 8: like you said that someday or it could be ourselves
- 12:17Speaker 8: that need care in these areas, and we want to
- 12:19Speaker 8: make sure to be a part of it and to
- 12:20Speaker 8: drive solutions and help them.
- 12:23Speaker 3: What about the role of the pharmacists in they take
- 12:27Speaker 3: the it's football season, so I have to revert to
- 12:30Speaker 3: football analogy, but absolutely the physicians on the field the
- 12:33Speaker 3: quarterback of all the care. They pitch it out to
- 12:35Speaker 3: the wide receiver, which is our pharmacist to run it.
- 12:39Speaker 3: But that role is so evolving. We see pharmacogenomics testing,
- 12:44Speaker 3: we see general testing, immunization management. In the space of
- 12:49Speaker 3: long term care. What are you seeing expanding out of
- 12:52Speaker 3: the role of the pharmacist.
- 12:53Speaker 8: Yeah, we do think that the pharmacy is going to
- 12:55Speaker 8: continue to be able to operate at the top of
- 12:57Speaker 8: their license and really being able to move just beyond
- 13:00Speaker 8: obviously the medication expense, which is obviously critical, but to
- 13:04Speaker 8: be part of that total care team really looking at
- 13:06Speaker 8: the care of the patient long term and making sure
- 13:08Speaker 8: that they're driving, yes, their medication usage, but also some
- 13:12Speaker 8: of those key innovative areas that you mentioned.
- 13:15Speaker 3: Bill, We appreciate you being part of this conference, being
- 13:19Speaker 3: part of this interview. What else, what's next for you?
- 13:23Speaker 5: What other?
- 13:23Speaker 3: I mean, it's conference season for me. What's the next
- 13:26Speaker 3: event that you're going to.
- 13:27Speaker 8: Well, we'll be continuing to come to other events and
- 13:30Speaker 8: really speaking with customers, going out with them, understanding what
- 13:33Speaker 8: they're facing day to day. It's a dynamic industry. Obviously,
- 13:37Speaker 8: there's a lot going on and really the main thing
- 13:39Speaker 8: for us INMVD broad is just to continue to use
- 13:42Speaker 8: the support and the backing of BED to drive innovation,
- 13:46Speaker 8: to continue to come up with more solutions, better solutions
- 13:49Speaker 8: that help to continue to drive better patient care, help
- 13:52Speaker 8: them with their efficiency, help with the speed of their operations. Again,
- 13:57Speaker 8: it's a tough time. It's going to continue to be
- 13:59Speaker 8: a tough time and healthcare. But how can we drive solutions,
- 14:02Speaker 8: drive innovation to help them deliver that care to their patients.
- 14:06Speaker 8: It's it's an exciting time, also it's critical time and
- 14:09Speaker 8: we're thrilled to be able to support them in that area.
- 14:11Speaker 3: Bill, thanks for being part of the Framework Focus coverage
- 14:14Speaker 3: of the innovation conference. Thank you, yeah, thank you hey.
- 14:17Speaker 3: We'll be right back with more Framework focus.
- 14:23Speaker 2: In long term care, pharmacy decisions can't wait, but disconnecting
- 14:27Speaker 2: systems and static reports can slow you down. Softwriters is
- 14:31Speaker 2: introducing a new way to manage your data with Framework Insight.
- 14:36Speaker 2: Framework Insight is an AI powered business intelligence platform built
- 14:40Speaker 2: for LTC pharmacies. Using Framework LTC to manage day to
- 14:44Speaker 2: day pharmacy operations with intuitive dashboards, you can track key
- 14:48Speaker 2: metrics like prescriptions filled, drug costs, inventory, trends, claims, improfitability,
- 14:55Speaker 2: drill down, set alerts, and save custom views so you're
- 14:58Speaker 2: always a step ahead without of glance and on demand
- 15:01Speaker 2: visualizations into your pharmacy's most essential metrics. Framework Insights sinks
- 15:05Speaker 2: your data daily, giving you instant visibility into both daily
- 15:09Speaker 2: operations and comparing current trends to historic performance benchmarks. Turn
- 15:14Speaker 2: data into decisions and decisions into progress. To see it
- 15:18Speaker 2: in action today, visit Framework LTC, dot Com forward Slash
- 15:22Speaker 2: Framework Insight.
- 15:30Speaker 3: All right. Scenario is I get into the office, it's
- 15:33Speaker 3: a Monday. I get down on my desk. I'm opening
- 15:37Speaker 3: up my dashboard. I'm opening up my Framework LTC dashboard,
- 15:41Speaker 3: and suddenly I can't even log in. I put my
- 15:44Speaker 3: username password in the next thing, and I get some
- 15:47Speaker 3: kind of message where my entire network has been attacked.
- 15:51Speaker 3: And I get an email that says, hey, we're holding
- 15:54Speaker 3: your entire infrastructure, we're holding your patient PHI information, We're
- 15:59Speaker 3: holding all of this stuff ransom, and you have to
- 16:02Speaker 3: send us one million dollars to release it. This is
- 16:05Speaker 3: truly happening. Maybe not exactly like that, but we have
- 16:08Speaker 3: mister Chris Callahan here, introduce yourself, tell us about your
- 16:12Speaker 3: company and let's dig into this subject of cybersecurity.
- 16:15Speaker 9: Sure, thank you for having me. And this is Chris
- 16:18Speaker 9: Callahan with Echelon riskin a cybersecurity consulting and managed a
- 16:23Speaker 9: cybersecurity services company. The situation that you're describing is not
- 16:29Speaker 9: something that is uncommon right for a lot of small
- 16:32Speaker 9: to mid sized businesses in America, specific to the LTC
- 16:35Speaker 9: pharmacy community. And really what you're describing is the incident itself.
- 16:43Speaker 9: When that organization is now right of boom, the incident
- 16:46Speaker 9: has taken place, and it would be in their best
- 16:49Speaker 9: interest to revert to their incident response plan, which hopefully
- 16:53Speaker 9: they have tested and gone through role playing scenarios in
- 16:58Speaker 9: the past month or the past quarter. Unfortunately, that is
- 17:01Speaker 9: not always the case. A lot of small to mid
- 17:03Speaker 9: sized businesses are resource constrained and cybersecurity is not always
- 17:07Speaker 9: a priority for them until the incident does arise. So
- 17:11Speaker 9: a lot of what we do at our company is
- 17:13Speaker 9: to help organizations prepare for that incident when they are
- 17:17Speaker 9: proverbially left of boom, so that they are in a
- 17:20Speaker 9: position to recover and be resilient when or if an
- 17:25Speaker 9: incident does take place.
- 17:27Speaker 3: Chris, are you helping my team to get trained as
- 17:31Speaker 3: to what to do if there's a questionable email that
- 17:35Speaker 3: comes in. Does this start with training?
- 17:38Speaker 9: So it starts with training, it starts with culture, and
- 17:41Speaker 9: it starts with leadership. Cybersecurity needs to be looked at
- 17:46Speaker 9: as a business risk. It is not a cyber risk.
- 17:49Speaker 9: This is something that the leadership team within an organization
- 17:52Speaker 9: needs to show is a priority for their organization and
- 17:55Speaker 9: it will truly give them a competitive advantage in the marketplace.
- 17:59Speaker 9: A more zilient business is a more competitive business today
- 18:03Speaker 9: in America. And the reason why is because these cyber
- 18:07Speaker 9: threats that people are experiencing. These are not loan hackers.
- 18:11Speaker 9: These are not you know, teenagers in their grandmother's basement.
- 18:17Speaker 9: These aren't nation state actors.
- 18:20Speaker 5: These are large scale.
- 18:21Speaker 9: Businesses that are operating in Eastern Europe in parts of
- 18:26Speaker 9: Asia where they are making millions of dollars on a
- 18:29Speaker 9: daily basis by exploiting American businesses that do not have
- 18:34Speaker 9: mature cybersecurity programs in place. And it's important for the
- 18:38Speaker 9: small to mid sized businesses to realize that there are
- 18:42Speaker 9: people who showed up to an office today on the
- 18:44Speaker 9: other side of the world with an RFID badge, they
- 18:47Speaker 9: scanned in, they sat down at their desk, and for
- 18:49Speaker 9: the next eight or nine hours they are going to
- 18:52Speaker 9: be commissioned on the amount of money that they are
- 18:55Speaker 9: able to extract from US businesses. And the smaller and
- 18:59Speaker 9: mid sized businesses are going to be the softer targets
- 19:01Speaker 9: for them. The LTC pharmacies, specifically because of their sensitivity
- 19:06Speaker 9: to disruption in downtime, are prime targets for them because
- 19:11Speaker 9: they know they will be more likely to get that
- 19:13Speaker 9: ransomware payment, so we help protect against that.
- 19:16Speaker 3: Share with us some of the statistics of the impact
- 19:19Speaker 3: the monetary damage that's done to businesses in your time
- 19:24Speaker 3: doing this, that have been nightmares for businesses.
- 19:28Speaker 9: So if you go back about ten or fifteen years,
- 19:30Speaker 9: the typical ransomware attack would result in about a five
- 19:34Speaker 9: to ten thousand dollars ransom request, which the CEO would
- 19:38Speaker 9: promptly put on their credit card and they would not
- 19:41Speaker 9: typically have to divulge that a security incident took place
- 19:44Speaker 9: and everybody went on their merry way.
- 19:47Speaker 5: In the last couple of years.
- 19:48Speaker 9: We have now seen those ransoms dialed up to the
- 19:51Speaker 9: tune of one to three million dollars Oftentimes the threat
- 19:55Speaker 9: actors are researching where the CEO's houses, what the medium
- 19:59Speaker 9: household price looked like, what the revenue looks like on
- 20:01Speaker 9: that business, and one third of the annual revenue is
- 20:05Speaker 9: typically the ransomware request.
- 20:08Speaker 3: It's crazy. And then we just heard it's been a
- 20:11Speaker 3: while now, maybe a year to two years ago where
- 20:15Speaker 3: the big shutdown of payments took place on a national scale.
- 20:20Speaker 3: What organization was that?
- 20:21Speaker 9: So that was change dot orge dot org. Right, an
- 20:24Speaker 9: interesting fact I will throughout there. We have two individuals
- 20:28Speaker 9: on staff at echelon Risk and Cyber that were day
- 20:31Speaker 9: one responders to the change dot org healthcare data breach,
- 20:35Speaker 9: the largest breach in the history of America, which resulted
- 20:38Speaker 9: in over two billion dollars in fines, in profit loss,
- 20:43Speaker 9: and reputational damage.
- 20:46Speaker 3: All Right, so I'm listening. I'm a little bit scared
- 20:49Speaker 3: now at this point, and I want to kind of
- 20:52Speaker 3: take the first steps. What is it? Is there? An evaluation?
- 20:55Speaker 3: Is there? You know, a firewall test? What do you
- 20:59Speaker 3: do in order to get me started for services that
- 21:03Speaker 3: you could provide.
- 21:04Speaker 9: The best way for us to engage with a client
- 21:07Speaker 9: is to do an assessment of where they stand today,
- 21:10Speaker 9: to understand their cybersecurity maturity. We don't look at security
- 21:14Speaker 9: as a.
- 21:15Speaker 5: Light switch that we turn on or off.
- 21:17Speaker 9: It's really a journey for that organization, and we need
- 21:20Speaker 9: to understand where we're starting so that we can address
- 21:22Speaker 9: the immediate pain points. We then typically lay out a
- 21:25Speaker 9: twelve to eighteen month roadmap with clearly defined milestones, so
- 21:29Speaker 9: that at the end of the engagement we can both
- 21:31Speaker 9: look back and see the progress that has been made
- 21:34Speaker 9: in terms of their incident response plans, tabletop exercises, and
- 21:38Speaker 9: overall cyber resilience.
- 21:40Speaker 3: Hey, this has been a great opportunity for us to
- 21:43Speaker 3: learn from you very much. Appreciate you taking time talk
- 21:46Speaker 3: with us on the Framework Focused podcast.
- 21:48Speaker 9: Thank you, Thank you for having me on our and privilege.
- 21:56Speaker 3: Craig catch us in here at the Framework LTC Innovation
- 22:00Speaker 3: User Conference. I gotta say, it's not the user conference,
- 22:03Speaker 3: it's just the innovation conference because we're here for innovation.
- 22:07Speaker 5: That's correct, That is correct.
- 22:08Speaker 3: How are you?
- 22:09Speaker 5: I'm doing great. I'm doing great.
- 22:10Speaker 10: Great to be here, Great to see everybody new in
- 22:12Speaker 10: the space here.
- 22:13Speaker 3: Listeners might not realize, but we're like the old heads.
- 22:16Speaker 5: Now that's true. Yeah, it has all times have.
- 22:19Speaker 3: Changed, we can say twenty years ago.
- 22:21Speaker 5: Yeah, and it's truly twenty years too.
- 22:24Speaker 3: Gosh. So Greg was one of our first outside trainers
- 22:29Speaker 3: to help expand training to take a very complex system.
- 22:33Speaker 3: Back in the day we were competing when I was
- 22:35Speaker 3: selling Framework LTC, we were selling against closed database systems
- 22:40Speaker 3: that weren't SEQL, and back then you couldn't do anything
- 22:44Speaker 3: with the software. Accept work in it and print your
- 22:48Speaker 3: label and that was it. Whereas the dynamicness and the
- 22:51Speaker 3: evolution of Framework was like, hey, here's your database, do
- 22:55Speaker 3: whatever you want to with your data, and that was
- 22:57Speaker 3: so novel.
- 22:58Speaker 5: Oh, absolutely, open dark texture was really the way to go.
- 23:01Speaker 10: I mean before that you didn't have an easy way
- 23:02Speaker 10: to get reporting, to get metrics out that you really
- 23:05Speaker 10: needed to make sure that your pharmacy was doing what
- 23:08Speaker 10: it needed to do to make sure that you know
- 23:10Speaker 10: your revenue is where it needed to be, instead of
- 23:12Speaker 10: being forced into a right a report that was built
- 23:16Speaker 10: by somebody that may not run a pharmacy right, may
- 23:18Speaker 10: not understand all those extra things that you do a
- 23:20Speaker 10: little different.
- 23:21Speaker 5: That may need some customization to it.
- 23:22Speaker 10: So allowing that open architecture was huge, right, It was
- 23:26Speaker 10: just wasn't existing at the time.
- 23:27Speaker 3: Ye, So talk to about your organization and your special
- 23:31Speaker 3: partnership with softwriters.
- 23:32Speaker 5: Sure.
- 23:32Speaker 10: So currently I'm with carb Hall Technology Group. We are
- 23:35Speaker 10: a hosting company right first and foremost, So we'll take
- 23:39Speaker 10: pretty much all the it that surrounds a pharmacy, and
- 23:41Speaker 10: that starts from your server infrastructure. Right, We'll put all
- 23:45Speaker 10: the servers out in the cloud. It's all personal cloud, right,
- 23:48Speaker 10: So it's not going into Azure, it's not going into
- 23:51Speaker 10: AWS any of those. And the reason for that is
- 23:54Speaker 10: just because we can control a lot more, right, we
- 23:56Speaker 10: control cost, Right, we don't have to worry about when
- 23:58Speaker 10: a service wrong, when a servers are on. But in
- 24:01Speaker 10: the end, it just gives us the ability to be
- 24:03Speaker 10: a little more custom with those.
- 24:04Speaker 5: Pharmacies and really give you what you need.
- 24:06Speaker 10: So the hosting side is our bread and butter. I mean,
- 24:08Speaker 10: that's just you need to have it staff there. What
- 24:11Speaker 10: we do a little bit different because I don't know,
- 24:13Speaker 10: let's be honest, right, there's other hosters in a room, right,
- 24:16Speaker 10: and there's other people that do great at doing that service.
- 24:20Speaker 5: We go a little bit differently because we.
- 24:21Speaker 10: Add more services on top of that. So because we
- 24:25Speaker 10: have a good bit of expertise inside the framework LTC,
- 24:28Speaker 10: the framework, ECM products, really all the software suite that
- 24:30Speaker 10: they have. So we staff ourselves up people very knowledgeable
- 24:34Speaker 10: in that area. So when you get to your regular
- 24:36Speaker 10: hosting and you know, you get a phone call out
- 24:38Speaker 10: there for support where hey I need to I can't
- 24:40Speaker 10: log in, or I need I need.
- 24:42Speaker 5: This installed on my server.
- 24:43Speaker 10: Look, every hosting company, you've got to be able to
- 24:45Speaker 10: do that or you shouldn't be in the space right
- 24:48Speaker 10: where we try and try and make that the next
- 24:50Speaker 10: evolution of the support there is we staff the people
- 24:53Speaker 10: that know how to use your software.
- 24:55Speaker 5: We know how to go into the database.
- 24:56Speaker 10: And we know how to make mass changes and bulk
- 25:00Speaker 10: changes and right just to be able to save you
- 25:03Speaker 10: time on your technicians sitting there and clicking fifty times
- 25:06Speaker 10: to go do something because they made a mistake when
- 25:08Speaker 10: they entered it. We can go in the background and
- 25:10Speaker 10: just go update all that stuff and at one run.
- 25:12Speaker 5: Right reporting, we know a while the data works where
- 25:15Speaker 5: it flows through the databases.
- 25:16Speaker 10: So somebody calls in and says, hey, I want to report,
- 25:19Speaker 10: we build it.
- 25:20Speaker 5: It's out there.
- 25:20Speaker 10: Within the day, right, So all those services come part
- 25:24Speaker 10: of our part of our package. It's not a not
- 25:26Speaker 10: a nickel and dime, it's not a.
- 25:28Speaker 5: Let's buy part of this, and part of this.
- 25:30Speaker 10: We give you a one cost flat rate and that
- 25:33Speaker 10: that covers everything that we do for you, so all
- 25:35Speaker 10: the reports you want, all the automations and interfacing. Like,
- 25:38Speaker 10: we have a lot of cool things right now that
- 25:40Speaker 10: we're really kind of produce and give out to the customer,
- 25:43Speaker 10: and we don't charge for them. In our minds, we're
- 25:46Speaker 10: trying to help the customer beat what's going on right
- 25:49Speaker 10: now in industry, right, try and make the most out
- 25:51Speaker 10: of the money they have and continue through so we
- 25:54Speaker 10: can push through this problem that we're all we're all
- 25:56Speaker 10: kind of facing against and make sure we make it
- 25:58Speaker 10: out on the other end. So like medicaary sense of
- 26:01Speaker 10: states being able to fill those in automatically from the
- 26:03Speaker 10: PCC side, right, people spend hours a day doing that
- 26:06Speaker 10: kind of stuff. We automate a lot of that type
- 26:08Speaker 10: of stuff, right, automating claims that need to be fixed
- 26:11Speaker 10: for reasons that you can logically explain, like how you
- 26:14Speaker 10: would fix something. So we do all those types of automations,
- 26:17Speaker 10: put them into the systems of the pharmacies, let them run,
- 26:20Speaker 10: customize them if they need, and in the end.
- 26:22Speaker 5: They're a leaner machine.
- 26:24Speaker 10: They're able to capitalize more on that and in the
- 26:27Speaker 10: end just produce a better product.
- 26:29Speaker 3: So when I think of scalability in the realm of
- 26:31Speaker 3: the competitiveness of our market, long term care pharmacy specifically,
- 26:35Speaker 3: I go, I have a relationship with my long term
- 26:38Speaker 3: care pharmacy. Has someone out doing sales and business development.
- 26:41Speaker 3: I have a nursing home that has one hundred and
- 26:43Speaker 3: twenty beds. They're really sick of you know, they're existing pharmacy.
- 26:50Speaker 3: It's not working. You get that business now. They want
- 26:53Speaker 3: to turn those that business over as quickly as possible
- 26:57Speaker 3: to get it up and running. Is your organization helping
- 26:59Speaker 3: to speak up implementation?
- 27:01Speaker 5: We do, so we do the couple ways.
- 27:02Speaker 10: We've been in the involved in the conversion space for
- 27:05Speaker 10: quite some time, so we're very good with taking the
- 27:07Speaker 10: data from one spot moving it into another. And recently
- 27:10Speaker 10: what we've seen is we can get those exports from
- 27:12Speaker 10: a lot of those companies.
- 27:14Speaker 5: So they'll give us an export of the data.
- 27:15Speaker 10: Let's say all your patient demographics, right, They'll give us
- 27:18Speaker 10: the what they call here in framework.
- 27:20Speaker 5: They use their external IDs.
- 27:21Speaker 10: They'll give us all that in spreadsheets and we have
- 27:23Speaker 10: loading tools that we just take them.
- 27:25Speaker 5: We pop them into the system.
- 27:26Speaker 10: We'll pop their orders in there and you really kind
- 27:28Speaker 10: of remove the.
- 27:29Speaker 5: Data entry side.
- 27:30Speaker 10: So we have pharmacies now that they give us lists
- 27:33Speaker 10: a couple of days a week.
- 27:34Speaker 5: They say, hey, I got a new facility, can you
- 27:36Speaker 5: go load these?
- 27:36Speaker 10: And for us, we'd run in a background real quick,
- 27:38Speaker 10: we click a couple buttons and it loads the whole
- 27:40Speaker 10: thing in for them. We give them back a list
- 27:42Speaker 10: of Okay, there was three patients we couldn't match.
- 27:44Speaker 5: You guys will do those manually.
- 27:46Speaker 10: So yeah, it really really cuts down on that time
- 27:48Speaker 10: if we're able to get that data.
- 27:50Speaker 3: Greg appreciate you. It's a homecoming for both of them.
- 27:53Speaker 5: At home coming it is, and being.
- 27:55Speaker 3: Here at the innovation conference this is a special and thanks.
- 27:58Speaker 5: For being absolutely thanks for having me.
- 28:04Speaker 3: Teresa Cunningham here at the Framework LTC Innovation Conference twenty
- 28:10Speaker 3: twenty five. Teresa, what's your favorite part of being at
- 28:13Speaker 3: this event?
- 28:14Speaker 7: Getting to see all of the customers, interacting with them,
- 28:19Speaker 7: asking them how it's going, what they're seeing with a
- 28:22Speaker 7: new product releases, how we can assist.
- 28:24Speaker 3: Them in anything. Teresa, we love being here in sunny
- 28:27Speaker 3: San Diego being part of this. Thanks for being part
- 28:30Speaker 3: of the show. Jeff Swanson here from JFRCRX. Jeff, welcome
- 28:40Speaker 3: to the show.
- 28:40Speaker 7: Hey, thanks to Thanks for having me.
- 28:42Speaker 3: All right, So, innovation is a word we're hearing a
- 28:45Speaker 3: lot about. This is the Framework LTC Innovation Conference. Talk
- 28:50Speaker 3: to me about being part a partner of Framework and
- 28:53Speaker 3: why it's important to be here.
- 28:54Speaker 7: Yeah, for us, it's a it's a impactful conference because
- 28:58Speaker 7: the majority of the big players in the long term
- 29:00Speaker 7: care industry our Framework customers. So when we're at a
- 29:04Speaker 7: show like this and we can really be talking to
- 29:07Speaker 7: the players on what they need, what they're seeing, what
- 29:09Speaker 7: they're experiencing, and how can our hardware and our software
- 29:14Speaker 7: touch what they're doing to keep patients safe and cared for,
- 29:19Speaker 7: it really drives innovation for us to be able to
- 29:22Speaker 7: go back to our team and not just be happy
- 29:25Speaker 7: with what we're bringing to the market, but be looking six, twelve,
- 29:28Speaker 7: eighteen months down the road in terms of our development plan.
- 29:31Speaker 7: So from a sales perspective, great to see everyone, great
- 29:34Speaker 7: to talk, and great to introduce the technology. But from
- 29:37Speaker 7: a partnership perspective. It's probably the most impactful show that
- 29:41Speaker 7: we can do from feedback that we're getting live for
- 29:43Speaker 7: customers listeners.
- 29:45Speaker 3: You might not realize, but your organization really concentrates not
- 29:50Speaker 3: only on the box systems that are doing packaging, but
- 29:55Speaker 3: you have developers that are really doing clean API in
- 29:59Speaker 3: our to make things so seamless to systems like Framework
- 30:03Speaker 3: LTC talk to us about that.
- 30:05Speaker 5: Yeah, that's true.
- 30:05Speaker 7: So the story that I tend to tell people is
- 30:08Speaker 7: when I left the technology side a pharmacy for about
- 30:12Speaker 7: six years, and when I came back, I walked a
- 30:14Speaker 7: trade show floor to see just what was new, expecting
- 30:16Speaker 7: to see new technology, and it was very shocking to
- 30:19Speaker 7: see pretty much the same technology in the industry that
- 30:22Speaker 7: I walked away from six years ago. And at JFC,
- 30:25Speaker 7: one of the things that we're focused on is you
- 30:28Speaker 7: have to have amazing hardware behind it, which with the
- 30:30Speaker 7: true pack the true card in our true script I
- 30:32Speaker 7: believe we do, but the software aspect of it and
- 30:35Speaker 7: having the APIs and the ability to integrate and look
- 30:38Speaker 7: downstream and say we want the system like Framework to
- 30:42Speaker 7: be the source of truth and not have to do
- 30:45Speaker 7: dual entry on drug databases, not to have to do
- 30:48Speaker 7: dual entry on completion of the meds that are coming in,
- 30:51Speaker 7: and having this one locked in interface that allows you
- 30:56Speaker 7: to manage your entire pharmacy from a technology perspective in
- 31:00Speaker 7: a web based environment, which is also a huge change
- 31:03Speaker 7: to what the industry is historically done. So we're working
- 31:08Speaker 7: directly with Framework right now to get this bi directional interface,
- 31:12Speaker 7: and what that allows us to do is keep the
- 31:14Speaker 7: machines that as efficient as possible from a hardware perspective,
- 31:17Speaker 7: but then feed the pharmacies. How do you can maintain
- 31:20Speaker 7: this production level or enhance this production level from a
- 31:23Speaker 7: software management perspective on it. And as busy as pharmacies
- 31:27Speaker 7: are right now, they don't have the ability to go
- 31:28Speaker 7: in and search for this information. So it's available, but
- 31:33Speaker 7: if you don't know where to look, and you don't
- 31:34Speaker 7: know what is what you're supposed to be doing, it's
- 31:37Speaker 7: impossible to find. And your technicians their jobs getting stuff
- 31:41Speaker 7: out the door. They're not sitting here running reports and
- 31:45Speaker 7: looking at the information. So we want to be that
- 31:48Speaker 7: partner that says you're doing one hundred patients a day
- 31:52Speaker 7: on this machine. We can get you to one to
- 31:54Speaker 7: twenty five and keep that cost to fill at that
- 31:56Speaker 7: same level or lower than what you're doing today. And
- 32:00Speaker 7: that's what our Enlighten management software is really going to
- 32:02Speaker 7: do when as it's tied into Framework here very shortly
- 32:07Speaker 7: in the future.
- 32:07Speaker 3: Very good. So someone's interested in learning more, where should
- 32:12Speaker 3: they go to connect with you?
- 32:14Speaker 5: Absolutely so.
- 32:14Speaker 7: They can find us on LinkedIn, or they can go
- 32:17Speaker 7: to our website directly, which is jfc rx dot com.
- 32:21Speaker 7: Has all of our suiteest services on that website and
- 32:24Speaker 7: the ability to connect with us directly from there.
- 32:27Speaker 3: Excellent. Jeff, thank you for being on Framework Focus, the
- 32:30Speaker 3: podcast about everything to do with long term care pharmacy.
- 32:33Speaker 5: Thank you, BEGS dot for Jeth