How long must a pharmacy maintain inventory records?

Pharmacies are required to maintain inventory records for a minimum of five years in accordance with federal regulations. This timeframe is established to ensure that there is a comprehensive audit trail for all prescriptions and controlled substances dispensed, which is critical for regulatory compliance, public safety, and accountability. Keeping records for five years allows for effective monitoring and review by the Drug Enforcement Administration (DEA) and state regulatory agencies, which helps prevent drug diversion and misuse. It also aligns with most state laws, including those in Nebraska, reinforcing the importance of transparent record-keeping in pharmacy practice.