The Community Pharmacy Foundation (CPF) is dedicated to affecting positive change in community pharmacy practice. Over the last five years, CPF has invested over six million dollars towards community pharmacy practice transformation, through its signature program, Flip the Pharmacy (FtP). FtP is a practice transformation initiative that aims to move community-based pharmacies beyond filling prescriptions at a moment-in-time to providing longitudinal care for patients over time.
The first five years of FtP have shown tremendous success, with 1384 pharmacies engaging in practice transformation. Pharmacies participating in FtP established capabilities for providing a diverse set of enhanced pharmacy services and documented over 4.8 million eCare plans. Pharmacies that participated in FtP reported they were able to sustain new patient care services that were established during the program.
There has never been a more important time for community pharmacy practice transformation. Payer opportunities are expanding, and community pharmacies are embracing new models of care so they can continue to provide valuable services for their patients. CPF recognizes there is an urgent need to broaden the reach of FtP and support nationwide practice transformation. The CFP Board of Directors has decided to financially support community pharmacy practice transformation efforts by offering new FtP grant opportunities through the CPF grantmaking model. CPF will identify specific themes for practice transformation based on market needs. The first themed FtP funding opportunity will focus on sustainable pharmacist billing opportunities. A call for applications for the next funding cycle of FtP will be released in August 2024 and applications will be due October 1, 2024. If you would like to receive information about this new funding opportunity, be sure to sign up for the CPF newsletter here.