Managing controlled substances within a hospital is an issue never fully solved, but one which requires continuous training and monitoring; strong processes to help reduce risk and increase patient safety; and maintenance of compliance with regulatory requirements. With the need to deliver higher quality patient care with less resources to more people, hospital pharmacies are under mounting pressure to support their organizations' demands while ensuring that controlled substances like opioids are not inappropriately prescribed, abused, diverted, or sold on the blackmarket.
But how effective are the organizations' checkpoints and processes and when was the last time they were tested with the intent of circumventing them as an addict might? Are you using data analytics and the latest pattern recognition algorithms to help increase your monitoring efforts? During this webinar, we will explore what leading hospital executives, pharmacy directors, and compliance officers are doing to manage this critical aspect of their businesses.
As a result of viewing this on-demand webinar, you should be able to:
- Identify ways to detect gaps in your current processes and how to start development of an action plan to address them
- Explain the role that senior management and executives play in the controlled substance process
- Assess the organization’s current crisis management and reporting processes and how to test their effectiveness
- Define strategies for managing and responding to DEA or other regulator audits in a timely and effective manner
The possible repercussions of a poorly managed controlled substance program include direct risk to patients' safety, financial penalties, bad press, the loss of employee professional licensure, or worse, closure of a hospital's pharmacy, so the risk of not continually evolving the program is extremely high.