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This document is used to perform an annual inventory of controlled substances at licensed locations in Michigan, capturing necessary information about the controlled substances stored.

How to fill out annual controlled substance inventory

How to fill out Annual Controlled Substance Inventory

1. Gather all controlled substance records and previous inventory sheets.
2. Ensure that you have the latest version of the inventory form.
3. Organize all controlled substances by their schedules (I through V).
4. Count and record the quantity of each controlled substance on hand, including completed and expired products.
5. Document each substance on the inventory sheet, noting the name, strength, dosage form, and quantity.
6. Make sure to include the date and time of the inventory count.
7. Have the inventory verified and signed by a licensed individual responsible for the controlled substances.
8. Keep a copy of the completed inventory for your records and submit it as required by regulatory agencies.

Who needs Annual Controlled Substance Inventory?

1. All healthcare facilities that handle controlled substances, including pharmacies, hospitals, clinics, and research facilities.
2. Licensed practitioners who prescribe and dispense controlled substances.
3. Any entity required to report to the Drug Enforcement Administration (DEA) or local regulatory agencies.

People Also Ask about

What are the 7 categories of controlled substances?

DREs classify drugs in one of seven categories: central nervous system (CNS) depressants, CNS stimulants, hallucinogens, dissociative anesthetics, narcotic analgesics, inhalants, and cannabis.

What is a biennial inventory?

Although required by the DEA to be conducted within 2 years UCLA conducts these annually. The Biennial Inventory is a snapshot of the on-hand controlled substance inventory at the “close of business” for that day even if it is zero.

What is the meaning of controlled substance?

(kun-TROLD SUB-stunts) 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.

What is a controlled and uncontrolled substance?

For example, most blood pressure and cholesterol medications are non-controlled medications. Same with diabetes medications (including ), asthma inhalers, and antibiotics. Controlled substances are medications that can cause physical and mental dependence.

What are examples of a controlled drug?

Some examples are morphine, , oxycodone (OxyContin®), , methylphenidate (Ritalin®), and (®). Schedule III, IV, or V — drugs with an abuse risk less than Schedule II. These drugs also have safe and accepted medical uses in the United States.

How often must a complete narcotic inventory take place?

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. The normal use of the drugs.

Does the DEA require that inventory counts be done?

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.

What is a 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.

For pdfFiller’s FAQs

What is Annual Controlled Substance Inventory?

The Annual Controlled Substance Inventory is a comprehensive record that healthcare facilities and organizations must maintain, detailing the quantities and types of controlled substances in their possession at a specific point in time.

Who is required to file Annual Controlled Substance Inventory?

Entities such as hospitals, pharmacies, and clinics that handle controlled substances are required to file an Annual Controlled Substance Inventory as part of compliance with federal and state regulations.

How to fill out Annual Controlled Substance Inventory?

To fill out the Annual Controlled Substance Inventory, organizations must conduct a physical count of all controlled substances on hand, then record the name, strength, form, quantity, and location of each substance in the designated inventory form.

What is the purpose of Annual Controlled Substance Inventory?

The purpose of the Annual Controlled Substance Inventory is to ensure accountability and regulatory compliance, prevent drug diversion, and maintain accurate records of controlled substances within a facility.

What information must be reported on Annual Controlled Substance Inventory?

The information that must be reported includes the name of the controlled substance, its strength, dosage form, quantity on hand, and the date of the inventory, along with the signature of the individual responsible for the inventory.