Management of an in-house 340B pharmacy by a hospital is often times more complex and complicated than the hospital’s administrators may had initially anticipated. On the “surface” a hospital or healthcare system administrator can easily see the potential profitability that the specialty pharmacy can generate for them. Ever since the creation of the federal 340B … Continue reading 340B Pharmacy Consulting
Created all the way back in 1992 as a federal program, the 340B Drug Discount Program required that all drug manufacturers provided their medications and treatments on an outpatient level to eligible HCOs (Health Care Organizations) at appreciably reduced prices. Although many people don’t connect the two, the 340B Program was actually a section of … Continue reading 340B and Hospital Specialty Pharmacies
Exit strategies in any business are a critical requirement. Every business owner needs to think through and document exactly what their plan is regarding selling their business when it reaches a certain level or it’s perhaps time for them to finally retire. Perhaps this is even more critical to do if you own an independent … Continue reading Pharmacy Exit Strategy
Statistics regarding the state of the current job market for pharmacists that were released in the most recent report by the US Department of Labor (Bureau of Labor Statistics) on June 17, 2019 show some interesting results when one is considering pharmacy as a career. For those already practicing in the pharmacy profession, it also … Continue reading Pharmacist Jobs Statistics
Needing temporary pharmacists during emergency situations can sometimes pose what seems like insurmountable obstacles to the pharmacy owner and manager. Last year the hurricanes in both Texas and Florida had brought up numerous discussions with clients regarding situations that can occur when an emergency relief pharmacist can be of critical importance to your drugstore even … Continue reading Emergency Relief Pharmacists
Healthcare Consultants Pharmacy Staffing is recognized as a national leader in regards to pharmacy staffing, recruitment and placement services, plus has been known as a “full service” pharmacy staffing company since 1989 now. With more than 30+ years in the pharmacy staffing, recruitment and placement business, HCC is acknowledged throughout the USA for our ability … Continue reading Pharmacy Staffing, Recruitment and Placement Services
After the 483 Form that we previously discussed is responded to by the outsourcing facility, the FDA has the option to then send an FDA Warning Letter if they’re not satisfied with the response and/or action plan that’s presented to them. In March of 2019 the FDA issued such an actual Warning Letter to Infusion … Continue reading Infusion Partners Received an FDA Warning Letter
After discussing the difference between an FDA Form 483 and an FDA Warning Letter, it may perhaps be worthwhile to take a closer look at some of the most recent actions that have occurred (including new FDA 483 Forms and Warning Letters). Although perhaps a couple of months have already passed, but March of 2019 … Continue reading FDA 483 Actions
Last month the The FDA (U.S. Food and Drug Administration) was extremely busy taking actions in regards to 503B outsourcing facilities and 503A compounding pharmacies. A review of many of these FDA 503 actions indicates an increased and aggressive program aimed at both outsourcing facilities and compounding pharmacies that included numerous onsite inspections, warning letters, … Continue reading Recent FDA 503 Actions
Many compounding pharmacies have been asking “what is the difference between an FDA Form 483 and an FDA Warning Letter?”. The FDA (U.S. Food and Drug Administration) has been extremely busy and is dramatically stepping up their efforts at inspecting 503A compounding pharmacies across the nation. Officially named by the FDA as a Notice of … Continue reading FDA Form 483
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