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Pharma Logistics Announces Partnership with PDM Healthcare

March 20, 2019

CHICAGO – March 20, 2019 — Pharma Logistics and PDM Healthcare jointly announce the offering of Pharma Logistics reverse pharmaceutical distribution services. Pharma Logistics’ services are focused on compliance, convenience and affordability, while offering insight and analytics on the pharmaceutical returns process. Founded in 1991, PDM Healthcare is a national healthcare service firm that provides group …

Pharma Logistics Announces Partnership with CO-OP Power Buying Group of Garden State Pharmacy Owners Association

March 12, 2019

CHICAGO – March 2019 — Pharma Logistics is announcing a partnership with the CO-OP Power Buying Group of Garden State Pharmacy Owners Association to offer its pharmaceutical reverse distribution services. Through this personalized partner approach, Pharma Logistics’ programs and services are focused on profit, compliance, and convenience while providing insight and analytics on the pharmaceutical returns …

10 Things You NEed To KNow About the New EPA Ruling on Hazardous Waste Material

What the New EPA Regulation on Hazardous Waste Means for You

March 11, 2019

The recently passed EPA regulation on hazardous waste pharmaceuticals may leave you with questions on what is now considered a creditable material vs a non-creditable material. At Pharma Logistics, our goal is to ensure your compliance while helping you get the credit you deserve on returnable materials. To help you understand the new EPA regulation …

Is Your Pharmacy a Conditionally Exempt Small Quantity Generator?

February 1, 2019

Among their many other critical duties, pharmacy staff are tasked with safely disposing of hazardous waste materials, including certain substances and drugs defined at the federal level. However, the many classifications and stipulations can make it difficult to track exactly what your liability is. Is your pharmacy a Conditionally Exempt Small Quantity Generator (CESQG)? If …

Learn How to Help Keep Your Pharmacy in Compliance  

January 23, 2019

As a pharmacy professional, you operate a facility that plays a pivotal role in the nation’s drug supply chain: dispensing medications to the public. It almost goes without saying that a pharmacy is a highly-regulated business. Among the many regulations—state and federal—that govern the business activities of your pharmacy, are three critical laws pertaining to …

Pharmacists Talking

How Can Your Organization Save Time on Compliance?   

January 21, 2019

 Pharmaceutical Waste Facts: Hospitals throw away 250 million pounds of unused drugs every year, costing them $30 billion. Pharmaceutical waste was detected in 80% of the streams sampled by the USGS in a 2002 study. Only 3.5 to 4% of all manufactured pharmaceutical products are returned through reverse distribution. With the upcoming Drug Supply Chain Security Act (DSCSA) entering law after Nov. …

Do you know your ERV?

What’s Your Estimated Return Value?

November 27, 2018

Reverse distribution is a dynamic industry which determines drug cost according to many rapidly-changing variables, each of which fluctuates according to price data, calculations and more. Prices are recalculated and modified at every link of the drug supply chain, making pricing a science. For example, WAC (Wholesale Acquisition Cost) and AWP (Average Wholesale Price), are …

Women in Pharmacy

Is Rapid Credit Right for You?

November 26, 2018

According to a 2018 report from the HDA (Healthcare Distribution Alliance) Research Foundation (titled ‘The Role of Reverse Distribution), reverse distribution generates more than $13 billion annually in product values. This represents a major opportunity for pharmacy owners and directors to recoup significant ROI from recalled and returned products. To get their return credits, many pharmacies …