Corporate Compliance

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1. Mission and Values: Precision LTC Pharmacy is dedicated to providing exceptional pharmacy services to long-term care facilities while upholding the highest standards of integrity, professionalism, and ethical behavior.


2. Regulatory Compliance: The pharmacy adheres to all relevant federal, state, and local regulations governing pharmacy operations, including the Drug Enforcement Administration (DEA) regulations, state pharmacy practice acts, and Medicare/Medicaid requirements.


3. Patient Privacy and Security: Precision LTC Pharmacy maintains strict protocols to protect patient information in accordance with the Health Insurance Portability and Accountability Act (HIPAA), ensuring confidentiality and data security.


4. Ethical Business Practices: The pharmacy conducts its business ethically, avoiding conflicts of interest, bribery, and corruption, and upholds fair and transparent business practices in all dealings.


5. Employee Training and Development: Precision LTC Pharmacy provides comprehensive training to employees on compliance policies and procedures to ensure a thorough understanding and adherence to regulatory requirements.


6. Monitoring and Auditing: The pharmacy conducts regular audits and monitoring activities to detect and prevent compliance violations, and takes prompt corrective action when necessary.


7. Reporting and Non-Retaliation: Precision LTC Pharmacy encourages employees to report any compliance concerns or violations without fear of retaliation, and ensures that all reports are promptly investigated and addressed.


8. Continuous Improvement: The pharmacy is committed to continuous improvement of its compliance program, regularly reviewing and updating policies and procedures to reflect changes in regulations and industry best practices.


Through its commitment to compliance and ethical business practices, Precision LTC Pharmacy demonstrates its dedication to providing safe, effective, and ethical pharmacy services to its long-term care facility partners and patients.


Click here for Precision LTC Pharmacy’s HIPAA Privacy Program

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