Tag: Institutional pharmacy

According to the American Society of Health-System Pharmacists (ASHP), a hospital pharmacy is a primary example of an institutional pharmacy. For those wondering which of the following is an example of an institutional pharmacy, the answer lies within integrated healthcare facilities rather than community retail spaces.

According to the American Society of Health-System Pharmacists (ASHP), over 90% of Americans live within five miles of a pharmacy, making the pharmacy a primary point of contact for healthcare. However, a major distinction exists within the field: **what is the difference between retail and institutional pharmacy?**

As a CVS Health company, Omnicare serves millions of patients annually by providing comprehensive pharmacy solutions to institutional care settings across the United States. It is a "closed door" pharmacy, meaning it is not open to the general public, and what is Omnicare used for is strictly for long-term and post-acute care facilities.

In the United States, about 27% of pharmacists work in institutional settings like hospitals [1.9.4]. So, what is institutional pharmacy? It's a practice area focused on providing pharmaceutical care to patients within organized healthcare settings, forming an integral part of the clinical team.