How often must a pharmacy conduct a controlled substance inventory in Michigan?

In Michigan, pharmacies are required to conduct a controlled substance inventory at least every two years. This regulation is in place to ensure that all controlled substances are accounted for and that any discrepancies can be identified and addressed in a timely manner. Conducting a thorough inventory helps prevent the misuse or diversion of these substances, which is a significant concern for public health and safety.

The two-year timeline aligns with federal guidelines as well, reinforcing a systematic approach to managing controlled substances. Regular audits of inventory not only comply with legal mandates but also promote best practices in pharmacy management, ensuring accurate record-keeping and facilitating the detection of potential issues within the controlled substance supply chain.