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Millennium Pharmacy Systems was a leading provider of technology-enabled pharmacy services specifically designed for the long-term care industry. The company's proprietary 'Millennium Connected Care' platform integrated automated dispensing systems with electronic medication administration records (eMAR) to optimize the medication management process. By focusing on a 'just-in-time' delivery model, the company aimed to reduce medication waste and improve patient safety in nursing homes and assisted living facilities. Its innovative approach replaced traditional 30-day dispensing cycles with daily, patient-specific deliveries. In 2014, the company was acquired by PharMerica for approximately $130 million to bolster its technology-driven institutional pharmacy offerings.
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