Speed Script has launched a new SaaS (software as a service) product, Speed Script LTC, to improve communication between long-term care (LTC) facilities and the servicing pharmacies. This Web-based software allows immediate electronic updating of resident records stored in the servicing pharmacy's system to eliminate phone, fax, and email communication with the pharmacies. The service synchronizes the patient information in the pharmacy management system to a centralized server hosted at Speed Script's offices. This allows the pharmacy's information to remain in the pharmacy, while also being shared on a secure Web application.

Chuck Welch, executive VP and COO of the company, was recently awarded a patent for this configurable, distributed information-sharing system.