Animal Health Solutions

Q1 2021

Animal Health Solution - a Covetrus magazine for veterinary professionals

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22 Covetrus | ph: 855.724.3461 | fx: 888.329.3861 | northamerica.covetrus.com Inventory Each registrant who maintains an inventory of controlled substances must maintain a complete and accurate record of controlled substances on hand and the date that the inventory was conducted. 2 Records must be maintained at the location for at least two years some state record retention may vary. A complete inventory must be taken at least every two years this is known as the biennial inventory. I recommend a complete inventory be taken more frequently. Inventories are to contain the following information: Was the inventory taken at the beginning or close of business; Date the inventory was taken; Name of the controlled substance; Finished form of the substance (50 milligram tablet); Number of dosage units of each finished form in each commercial container (100 tablets); and Number of commercial containers (4-100 tablet bottles). Recordkeeping and inventory requirements Every practitioner engaging in dispensing controlled substances is required to keep records and maintain inventories. A registered practitioner is not required to keep records of controlled substances that are administered in the lawful course of professional practice unless the practitioner regularly engages in the dispensing or administering of controlled substances and charges patients, either separately or together with charges for other professional services, for substances so dispensed or administered. 1 What does this mean? It means if you are a veterinarian and you are trying to make a living, you should be keeping controlled substances records. What should your records include? All inventories All receiving records (matching invoices or packing slips from distributors) All administering and dispensing records All Drug Enforcement Administration (DEA) Form 222s (used for ordering C2 and C2N)

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