Albany College of Pharmacy and Health Sciences (ACPHS) recently secured funding from Rochester Drug Cooperative to support the opening of a student-operated pharmacy.
The pharmacy will be managed by licensed pharmacists with support provided by ACPHS student pharmacists. The college will partner with local health care providers to offer an extended range of clinical services at the pharmacy
“Most students interested in the business of pharmacy have to learn it through on-the-job training that occurs after they graduate,” Larry Doud, CEO of Rochester Drug Cooperative, said. “Through this effort, ACPHS students will be able to participate in an innovative and entrepreneurial experience while still in school, learning both advanced pharmacy practices and the business skills required to operate a successful pharmacy.”
The long-term vision is for the pharmacy to become the face of health care in its neighborhood while filling the pharmacy void that often occurs in economically disadvantaged areas.
“The nation’s health care system is undergoing a major shift as the focus moves from volume-based care to value-based care,” Greg Dewey, president of ACPHS, said. “The resulting changes are impacting the way we approach and deliver care, and the practice of pharmacy is no exception.”