Retail News Breaks Archives
NACDS Foundation unveils Rx residency application process
February 3rd, 2011
ALEXANDRIA, Va. – The National Association of Chain Drug Stores Foundation has announced the grant application, review and approval process for the Community Pharmacy Residency Expansion Project (Community PREP).
Now accepting applications from eligible entities, Community PREP seeks to contribute $1.5 million in grants to expand the capacity of Community Pharmacy Residency Programs (CPRPs) for recent pharmacy school graduates, the NACDS Foundation said this week.
Community PREP was unveiled in December. The project aims to provide funding to create 30 new community pharmacy residency positions with grants to nonprofit academic institutions totaling $50,000 each. Fifteen grants will be available in 2011, according to the foundation.
"The NACDS Foundation is pleased to provide this much-needed funding to create and expand community pharmacy residency programs throughout the United States," stated foundation president Edith Rosato. "These patient-focused residency programs will help cultivate pharmacy graduates' abilities to provide innovation in the delivery of patient care services under the expert guidance of community pharmacy preceptors."
The foundation established a two-track system for Community PREP grant applicants. Eligible entities may apply to the Accelerated or Traditional Track options. Accelerated Track applicants must fill a residency position by July 1, 2011, and submit an application between Feb. 1, 2011, and March 15, 2011, while Traditional Track applicants must fill a residency position by July 1, 2012, and apply between Feb. 1, 2011, and July 1, 2011. Another 15 Community PREP grants will be available through the foundation in 2012.
"Residencies are wonderful partnerships between community pharmacies and schools or colleges of pharmacy and play a key role in helping to improve the health care outcomes of the patients they serve as well as expand educational opportunities for the next generation of pharmacists," Rosato commented.