Dalrada Financial Corp (DFCO)

[XenaLives]

Genific gibberish...

The truth is they have one pharmacy and no unique business plan.

Conclusion
As technology and health advancements continue to evolve, local pharmacies are emerging as vital hubs for providing personalized healthcare services to their communities. This transformation enhances patient outcomes and strengthens the pharmacist-patient relationship, ensuring that each individual receives the care and attention they deserve.

Personalized healthcare is no longer a distant dream; it’s a reality that is unfolding in local pharmacies worldwide. Through integrating technology, implementing health advancements, and committing to patient-centric care, local pharmacies are becoming beacons of personalized healthcare, empowering individuals to take charge of their well-being like never before.

Overview.
Genefic is a wholly-owned subsidiary of Dalrada Financial Corporation (OTCQB: DFCO).

For years, Genefic has focused on building end-to-end, comprehensive health solutions. We understand that a person’s health is not a singular issue or event, nor is it confined to just one aspect.

The company believes in providing total health care solutions for improved health and wellness, including specialty pharmacy services that promote healing, recovery, and an overall better quality of life. Genefic means high-quality research and development, innovation, and access that ultimately delivers better health outcomes.

The leadership team at Genefic and Genefic Specialty Pharmacy is comprised of dedicated professionals with vast experience: accomplished scientists, university professors, board-certified surgeons, doctors, and other esteemed medical staff, whose primary focus is creating healthy environments and increasing quality of life and improving health outcomes for people around the wor

https://genefic.com/about-genefic/

In the ever-evolving field of healthcare, one of the most promising and transformative trends is the move toward personalized care through advancements made in technology. Local pharmacies are now emerging as key players in this major shift. towards tailored, patient-centric healthcare. In this blog post, we will explore how technology and health advancements are revolutionizing healthcare at local pharmacies, making it more personalized than ever before.

1. Digital Health Records and EHR Integration
Local pharmacies are moving away from traditional paper-based records and embracing digital health records. Electronic Health Record (EHR) systems are becoming more prevalent, allowing pharmacists to access a patient’s medical history quickly and easily. This integration enables pharmacists to provide medication recommendations and advice tailored to each patient’s unique health profile, reducing the risk of adverse drug interactions and ensuring medication adherence.

2. Medication Adherence Apps
Mobile applications are changing the game when it comes to medication adherence. Many local pharmacies now offer personalized apps that remind patients to take their medications on time, provide information about potential side effects, and offer convenient prescription refills. These apps empower patients to take control of their health while receiving guidance from their pharmacists.

3. Pharmacogenomics
Advancements in pharmacogenomics are enabling pharmacists to customize medication regimens based on a patient’s unique genetic makeup. By analyzing an individual’s genetic profile, pharmacists can identify how their body metabolizes certain drugs and adjust prescriptions accordingly. This personalized approach minimizes trial and error by finding the most effective and safe medications for each patient.

4. Telehealth Services
Telehealth and “telepharmacy” services have gained immense popularity, especially in remote areas where access to healthcare is limited. Through video consultations and virtual pharmacies, patients can consult with pharmacists from the comfort of their homes, receiving personalized advice and prescription recommendations without the need for a physical visit.

5. Medication Synchronization Programs
Local pharmacies are introducing medication synchronization programs, which allow patients to align all their prescription refills to a single, convenient date. Reducing the chances of missed doses simplifies medication management and improves overall patient satisfaction.

6. Health Monitoring Devices
Technological advancements have given rise to various health monitoring devices, such as wearable fitness trackers and smart scales. Local pharmacies are incorporating these tools into their personalized healthcare offerings as well. Pharmacists can monitor and analyze patients’ health data, guiding how to make lifestyle changes that promote better health outcomes.

7. Preventive Services
Beyond medication management, local pharmacies are expanding their services to include preventive healthcare. From offering vaccinations to conducting health screenings, pharmacies are quickly becoming holistic healthcare hubs focusing on keeping patients healthy and informed.

Conclusion
As technology and health advancements continue to evolve, local pharmacies are emerging as vital hubs for providing personalized healthcare services to their communities. This transformation enhances patient outcomes and strengthens the pharmacist-patient relationship, ensuring that each individual receives the care and attention they deserve.

Personalized healthcare is no longer a distant dream; it’s a reality that is unfolding in local pharmacies worldwide. Through integrating technology, implementing health advancements, and committing to patient-centric care, local pharmacies are becoming beacons of personalized healthcare, empowering individuals to take charge of their well-being like never before.

https://genefic.com/transforming-local-pharmacies-with-technology/

Pharmacies’ Roles in Dispensing Specialty Drugs
Over the past decade, more pharmaceuticals have been classified as specialty drugs.15 Specialty drugs are very expensive drugs, with a course of treatment in 2015 averaging $52,486.16 In 2019, only 4.9 percent of commercially insured patients took specialty drugs, but they were responsible for half of the total drug spend.17 Specialty drugs are also often complex biologic products, which may require special storage and additional training for pharmacists.

In response to the growth in specialty drugs, a niche type of pharmacy known as a specialty pharmacy has emerged. In 2018, 900 pharmacies in the U.S. had specialty accreditation.18 Specialty pharmacies operate separately from most retail pharmacies and are primarily owned and operated by PBMs, wholesalers, providers, or integrated delivery networks, though there are still some independent and small regional specialty pharmacies. Use of specialty pharmacies has been associated with higher rates of adherence than use of retail pharmacies for specialty drugs.

The large chain pharmacies such as CVS and Walgreens have been able to diversify to own both specialty and retail pharmacies, enabling them to create new integrated models aimed at improving medication adherence and other measures of clinical performance. For example, while most specialty pharmacies ship the drugs to patients, CVS’s “specialty at retail” model allows patients to access specialty drug patient management programs while picking up their specialty and traditional drugs at one location.19

Though quality is frequently used as a rationale for involving specialty pharmacies, it is difficult to determine the extent to which quality differs between specialty pharmacies and traditional retail pharmacies. Specialty pharmacies also may exacerbate drug spending if their prices are higher than those at retail pharmacies. There is little evidence on the extent of price competition within the specialty pharmacy sector and between specialty pharmacies, retail chain pharmacies, and independents. With specialty drugs driving growth in pharmaceutical spending, it will become increasingly important to ensure that as specialty drugs go off patent, the pharmacies selling them operate in a competitive environment that delivers the best quality at the lowest cost. More research will be needed to understand the impact that different pharmacy channels have on the cost and outcomes of these medications.

https://www.commonwealthfund.org/publications/issue-briefs/2021/aug/competition-consolidation-evolution-pharmacy-market#: