Wednesday, October 1, 2014

Kudos to Oklahoma Board of Pharmacy for Disciplinary Action against OK Compounding --6535 counts--admitted guilt to one count--3 years probation; $520,200 fine!!! No business allowed for 5 days

OK Compounding, LLC, #2-6161 – Case No. 1268: Admitted
to guilt on one count and neither admits nor denies guilt on the
remaining 6,535 counts including, but not limited to, employee
training, record keeping, proper billing for services, properly
licensed staff, unlicensed interstate sales, failing to perform
and document an adequate final check of preparations prior to
their release from the pharmacy, and failing to have available
written policies and procedures for all steps in the compounding
of preparations. Placed on probation for three years until
April 16, 2017. $520,200 fine. Must cease business operations
and fill no prescriptions for five full days between
June 12, 2014 and July 21, 2014.

Nevada Board of Pharmacy October 2014 Newsletter

Pine Pharmacy invests $1M to fill drug distribution void Oct 1, 2014, 10:37am EDT

http://www.bizjournals.com/buffalo/news/2014/10/01/pine-pharmacy-invests-1m-to-fill-drug-distribution.html

BREAKING NEWS!! Coverage revised for compound drugs prescribed for Medicare-eligible IHCP members Effective November 1, 2014, the Indiana Health Coverage Programs (IHCP) is revising its coverage policy for extemporaneously compounded drug products prescribed for IHCP members who are also eligible for Medicare Part D coverage. Compounded drug products containing a Medicare Part D-covered drug product will not be covered by the IHCP for dually eligible members. This change applies to dates of service on or after November 1, 2014.

more information found here