The Hidden Costs of Pharmacy Compliance: Top Issues and Technology-Based Solutions

White Paper | Compliance mandates affect a wide range of pharmacy operations and collectively, they impose significant costs on the nation’s pharmacies. | Sponsored

Compliance mandates affect a wide range of pharmacy operations and collectively, they impose significant costs on the nation’s pharmacies. This includes monetary costs as well as the drain on staff resources needed to address compliance requirements.

Mandates come from multiple sources including federal, state, and local legislative bodies; regulatory agencies including the Centers for Medicare & Medicaid Services (CMS) and the Food and Drug Administration (FDA); state pharmacy boards and increasingly, from pharmacy benefit managers (PBMs). Regardless of the source, pharmacies are responsible for ensuring complete, accurate and timely implementation.

This includes absorbing the costs associated with compliance, which can incl…