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Date: April 30, 2024 Tue
Time: 2:15 am
Time: 2:15 am
Results for pharmacy crime
1 results foundAuthor: Pharmacists Mutual Insurance Company Title: 5 year analysis of Pharmacy Burglary and Robbery Experience Summary: Burglaries and robberies represent a significant expense to pharmacies in the United States. Beyond direct insurance costs, which are driven by loss experience, pharmacists experience financial, business interruption and psychological costs. Pharmacists are concerned about armed robberies, and even finding that a store has been burglarized overnight can be upsetting and cause the expenditure of thousands of dollars in an effort to prevent reoccurrence. Beyond what is covered by insurance, customers pay deductibles that can easily be exceeded as a result of criminal efforts to gain entrance. Pharmacists that are victimized face hours of dealing with police, the DEA, board of pharmacy, contractors and their insurance company. As state and national efforts increase to address the underlying problem of prescription drug diversion, pharmacists face increasing administrative and regulatory compliance costs. When we seek methods to effectively combat the problem, it is important to understand the larger problem of prescription drug diversion and how it fuels pharmacy burglaries and robberies. Described by the Centers for Disease Control as having reached epidemic proportions in the United States, demand for prescription narcotics, coupled with a widely available supply, create an environment that is ripe for criminal activity. While the U.S. represents only 4.6% of the world's population, we consume 80% of the global opioid supply Five million Americans use opioid painkillers for non-medical use We experience almost 17,000 deaths from prescription narcotic overdoses annually. In a 4 year period, more deaths than we experienced in the Vietnam War. Morphine production was at 96 milligrams per person in 1997. By 2009, that number increased by 8 fold. The origins of the problem are complex, but are based on a cycle of over-prescribing that has occurred over the past two decades. While well intentioned, liberal prescribing coupled with aggressive marketing, incentives and even encouragement to physicians to relieve pain at all costs sparked the fire. Unchecked by adequate physician education on drug diversion and dependency, and a lack of appropriate chronic pain management protocols, demand and dependency increased. As demand increased, so did production levels, opportunities for profit and creative methods of diversion. Pharmacy crime involves every part of the distribution chain from manufacture through wholesale, retail, and ultimately to the end user. Pharmacists have been victims of deceptive practices, prescription fraud, employee diversion, burglaries and robberies. According to the Centers for Disease Control, prescription drug diversion, measured by drug overdose deaths and pharmacy crime, are at epidemic proportions. Details: Algona, IA: Pharmacists Mutual Insurance Company, 2013. 13p. Source: Internet Resource: Accessed October 18, 2017 at: https://www.videofied.com/_asset/tqrmk5/Pharmacy-5yr-Crime-Analysis.pdf Year: 2013 Country: United States URL: https://www.videofied.com/_asset/tqrmk5/Pharmacy-5yr-Crime-Analysis.pdf Shelf Number: 147723 Keywords: BurglaryPharmacy CrimePrescription Drug AbuseRetail CrimeRobberies |