Get the free Controlled Substance Physical Inventory - purdue

This form is used for recording the physical inventory of controlled substances at Purdue University, including initial and subsequent inventories, to comply with municipal regulations.

How to fill out controlled substance physical inventory

How to fill out Controlled Substance Physical Inventory

1. Prepare a list of all controlled substances in your inventory.
2. Ensure that you have the required inventory forms or documents.
3. Start with the highest scheduled controlled substances and work downwards.
4. For each controlled substance, record the quantity on hand.
5. Verify the accuracy of the counts with the physical stock.
6. Note any discrepancies and investigate them promptly.
7. Complete any required documentation outlining the results of the inventory.
8. Keep the completed inventory records in a secure location.

Who needs Controlled Substance Physical Inventory?

1. Licensed healthcare providers with controlled substances.
2. Pharmacies that dispense controlled medications.
3. Hospitals and healthcare facilities with inventory of controlled substances.
4. Researchers and laboratories that handle controlled substances.

People Also Ask about

How often should your pharmacy complete inventory of controlled substances?

Inventory activities for these controlled substances must be performed at least once every two years from the performance of the last inventory activities. “Inventory activities” means inventory and all other functions sufficient to identify loss of controlled substances.

How often must the controlled substance inventory list be updated?

As the name of the requirement indicates, the inventory of controlled substances must be taken every two years after the initial inventory is created. The registrant must record the following inventory changes: The arrival of new drugs.

What is controlled substance in English?

A drug or other substance that is tightly controlled by the government because it may be abused or cause addiction. The control applies to the way the substance is made, used, handled, stored, and distributed. Controlled substances include opioids, stimulants, depressants, hallucinogens, and anabolic steroids.

What items are recorded in a controlled substance log?

The key elements typically include: Date and time of each transaction. Quantity and type of controlled substance involved. Names and signatures of individuals responsible for the transaction. Reason for the transaction (e.g., administration to a patient, return to pharmacy, disposal) Location where the transaction occurred.

How often is a pharmacy required to update and document their perpetual inventory of schedule II drugs?

This ensures that Board licensees are aware that the inventory reconciliation report must be completed on an ongoing basis and it is not a onetime occurrence. Subdivision (a)(1) adds the language for all federal Schedule II controlled substances to be inventoried at least once every three months.

What are the inventory requirements for controlled substances?

The DEA requires a physical inventory of all controlled substances to be conducted every two years for each registered location. The inventory may be taken on any date within two years of the previous inventory date.

How often do pharmacies count inventory?

Typically, prescriptions are filled from base stock, and pharmacies keep an “adequate” supply at all times. Safety stock is held to protect against unexpected needs (“just in case”). Pharmacies keep as little safety stock on hand as possible. A counting of the items in stock (inventory) is usually taken once each year.

How often does the pharmacy perform CIi inventory?

In addition, the Controlled Substances Act requires that an inventory of controlled substances in a pharmacy be conducted initially (ie, when a DEA registration has been issued) and biennially (ie, every 2 years) thereafter.

For pdfFiller’s FAQs

What is Controlled Substance Physical Inventory?

Controlled Substance Physical Inventory is a complete count and examination of all controlled substances held by a facility, used to ensure accurate records, compliance with regulations, and the prevention of misuse.

Who is required to file Controlled Substance Physical Inventory?

Pharmacies, hospitals, and any other facilities that handle controlled substances are required to file a Controlled Substance Physical Inventory as part of regulatory compliance.

How to fill out Controlled Substance Physical Inventory?

To fill out Controlled Substance Physical Inventory, a facility should list all controlled substances on hand, include quantities, and provide details such as the date and signature of the individual conducting the inventory.

What is the purpose of Controlled Substance Physical Inventory?

The purpose of Controlled Substance Physical Inventory is to ensure that all controlled substances are accounted for, detect discrepancies, enhance security, and maintain adherence to legal requirements.

What information must be reported on Controlled Substance Physical Inventory?

The information that must be reported includes the name of the controlled substance, the dosage form, strength, total quantity on hand, and the date of the inventory along with the name of the person conducting it.