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Page # of CONTROLLED SUBSTANCE PHYSICAL INVENTORY. PI Name: Performed by: Witnessed by:
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How to fill out controlled substance physical inventory

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How to fill out controlled substance physical inventory:

01
Begin by gathering all necessary information and documents, such as the current inventory records, the physical inventory form, and any applicable regulations or guidelines.
02
Identify a designated person or team responsible for conducting the physical inventory. This could be the pharmacist, pharmacy manager, or other authorized personnel.
03
Ensure that the physical inventory is conducted at a time when there is minimal activity and distractions, such as during non-business hours or on a slow day.
04
Review the physical inventory form and understand the information that needs to be recorded, such as the drug name, strength, quantity on hand, and any discrepancies.
05
Start the physical inventory by counting and recording the quantity of each controlled substance in stock. Be thorough and accurate to minimize potential discrepancies.
06
Check each medication's expiration date and record any expired or expiring drugs separately.
07
As you count each item, compare the physical count with the inventory records. Note any discrepancies and investigate the reasons behind them. This includes documenting any losses, discrepancies, or theft.
08
Document any discrepancies or discrepancies in the inventory records. This includes documenting any losses, discrepancies, or theft.
09
Reconcile the physical count with the inventory records to ensure accuracy.
10
Make any necessary adjustments to the inventory records to reflect the results of the physical inventory.
11
Sign and date the completed physical inventory form, and ensure that it is stored securely as part of the pharmacy's records.
12
Conduct regular physical inventories to maintain accuracy and compliance with regulations and guidelines.

Who needs controlled substance physical inventory:

01
Pharmacies: All licensed pharmacies are required to conduct controlled substance physical inventory as part of their regulatory compliance.
02
Healthcare facilities: Hospitals, clinics, and other healthcare facilities that handle controlled substances also need to conduct physical inventories to ensure accountability and compliance.
03
Veterinary clinics: Veterinary clinics that stock controlled substances for animal healthcare also need to perform physical inventory to monitor and control their inventory.
Remember to consult specific laws and regulations applicable to your jurisdiction or industry to ensure compliance with all requirements.
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Controlled substance physical inventory is a process of counting and documenting all controlled substances in possession at a given time.
All entities registered with the DEA to handle controlled substances are required to file controlled substance physical inventory.
Controlled substance physical inventory can be filled out by counting all controlled substances on hand, documenting the quantities, and reporting any discrepancies.
The purpose of controlled substance physical inventory is to ensure accurate tracking and accountability of controlled substances to prevent diversion and misuse.
The report must include the name and quantity of each controlled substance, the date of the inventory, and any discrepancies found.
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