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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 Expected 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 …

Pharma Logistics Announces New DOD OCONUS, VA and Other Government Business

November 5, 2018

Delivering Compliance and Value to Government Organizations CHICAGO – October 30, 2018 — Pharma Logistics is announcing it has secured pharmaceutical reverse distribution contracts with the Department of Defense—Outside Continental United States (DOD OCONUS), the U.S. Department of Veteran’s Affairs (VA), the Indian Health Service (IHS), the Federal Bureau of Prisons (BOP), and the U.S. Immigration …

How Pharma Logistics Can Help Your Hospital Pharmacy

October 25, 2018

Every hospital pharmacy must optimize the two C’s of building a successful healthcare practice: care and compliance. Pharma Logistics has provided reverse distribution services to support hospital reconciliation programs for over 20 years, all while maintaining airtight legal and regulatory compliance. Learn how you can help improve your patient service with the Hospital Pharmacy Technician …

Drug Take-Back Programs Improve Communities

Benefits of Drug Take-Back Programs Drug Take Back programs at pharmacies offer community members the opportunity to properly dispose of prescription drugs and over-the-counter medications. Disposal of these substances offer three key benefits: Helping to prevent prescription drug abuse Reducing risk of accidental poisoning Decreasing environmental hazards including water contamination due to medications Take-Back Programs Can Make a Difference Poisoning …

A Pharmacy Technician’s Role in Reverse Distribution

October 19, 2018

As a pharmacy technician, a key function of your job is inventory management. And the pharmaceutical drug return process is an important part of inventory management: The first step in the returns process is clearing your pharmacy’s shelves of expired, damaged, or otherwise unsalable inventory. The next step is sending back returnable items to the …