How often must controlled substance inventories be conducted in New Mexico?

In New Mexico, the law requires that controlled substance inventories be conducted at least every two years. This frequency is aligned with both state regulations and federal guidelines, ensuring that pharmacies maintain accurate records of controlled substances in their possession. Conducting these inventories biennially helps to prevent misuse, theft, and ensures compliance with regulatory standards.

The requirement to perform this inventory every two years is crucial, as it allows for a systematic assessment of stock levels, discrepancies, and overall management of controlled substances. This practice also promotes accountability and enhances the integrity of pharmaceutical practices within the state, contributing to public health and safety.

Other frequencies, such as monthly or annually, would not fulfill the legal obligations set forth by regulatory agencies, as they either impose too frequent a burden on pharmacies or do not meet the minimum required standards for accountability. Therefore, the two-year requirement strikes a balance between operational efficiency and regulatory compliance.