How often must controlled substance inventory be conducted by a pharmacy?

In Indiana, as well as federally, pharmacies are required to conduct a complete inventory of controlled substances every two years. This biennial inventory is essential for ensuring compliance with regulations governing the handling of controlled substances. It allows pharmacies to accurately account for the quantities of controlled substances on hand and helps to identify any discrepancies that may indicate loss, theft, or mismanagement.

This frequency is established both by federal law and is a common standard in many states. Conducting the inventory at least every two years ensures that pharmacists maintain an updated record that reflects current stock levels and necessary regulatory compliance. Other frequencies, such as annually, monthly, or semi-annually, do not align with the standard requirements set forth for pharmacies. Hence, biennial inventories are the most appropriate and legally required option.