Stories we are watching develop and shape the industry as we see it today.
MTC Awards $2.4 Million in the October 2023 Investment Cycle
During the October 2023 Board of Directors meeting, $2.4 million was approved for equity-based investments in the following companies:
- ANiGENT offers a Software as a Service (SaaS) platform, in addition to strategically utilizing MAAP ANALYTICS to minimize the costly impacts of drug diversion in healthcare, while at the same time maximizing efficiencies and the health and well-being of the patients and healthcare workers.
| READ THE STORY >>>
____________________________
Ex-New Jersey hospital employee charged with stealing $8.2M worth of medication
A former pharmacy technician was charged with stealing $8.2 million worth of HIV medications. It was alleged that she used her position to place large orders in the hospital’s name and took the medications when they were delivered. A drug diversion prevention solution that can monitor all users and all medications in all locations could have prevented this. | READ THE STORY >>>
____________________________
Patient Safety Awareness Week
Patient Safety Awareness Week starts on March 14. Utilizing intelligent and proven technology to monitor risk of drug diversion is one way to keep patients and healthcare workers safe. Now’s the time to learn more about improving patient safety by understanding drug diversion prevention: | READ THE STORY >>>
____________________________
Nurse Pleads Guilty to Swapping Saline for Fentanyl Used in Fertility Procedures
Recently, a nurse in Connecticut pled guilty to tampering with medication. For months, the nurse would take fentanyl meant for fertility patients and replace it with saline. Early detection and proactive management of drug diversion is crucial. MAAP Analytics could have prevented this from happening. Learn more about this news story from Medscape: | READ THE STORY >>>
____________________________
Investigating the causes of Canada’s drug diversion crisis
Researchers at the University of Toronto have been investigating the prevalence and causes of drug diversion in Canadian health facilities. As the research team learns more about the vulnerabilities hospitals have, they recommend introducing a safeguard that closely monitors where drugs are going. Read about their research findings here: | READ THE STORY >>>
____________________________
Upgrading Medication Storage and Retrieval System Software
This is a great article that talks about when to update automated dispensing cabinets (ADCs). Here’s a gentle reminder: When facilities replace or update its ADCs, it’s also important to consider how the ADCs are integrated in the drug diversion (DD) prevention program. An effective DD prevention program is one that captures not just retrieval and use data but also medication waste data. Here’s the link to the news story about updating ADCs: | READ THE STORY >>>
____________________________
Amid COVID-19, Fight Against Rx Diversion Continues
Amid COVID-19, protecting patients is more important now than ever before. These 2 institutions are taking steps to fight diversion in their facilities. Learn more about their approach. | READ THE STORY >>>
____________________________
Pharmacy Tech Charged With Opioid Pill Theft
A pharmacy tech was charged with prescription drug fraud after allegedly stealing thousands of pills from a local Walgreens. Thankfully, this incident didn’t occur in a hospital. Remember to be diligent when watching for signs of drug diversion in your facility. | READ THE STORY >>>
____________________________
Drug Diversion Identification and Prevention Strategies
Drug diverters know how to take advantage of the medication-use process. They watch every step. They see the exact moments of when a drug can be taken. Does your hospital have a compliance program that can stop drug diverters? Find out the most common failure points in the medication-use process that compromises patient safety | READ THE STORY >>>
____________________________
State allowed drug-stealing nurse to keep practicing
A nurse was allowed to keep her license for nearly 4 years after being caught diverting drugs. Diversion among healthcare workers is a growing issue and has increased during the COVID-19 pandemic. This case, like so many others, could have been prevented had the facility had a comprehensive drug diversion prevention solution in place. | READ THE STORY >>>
____________________________
McLaren Health and feds reach record $7.75M settlement of drug allegations
After being fined $7.8 million in penalty — the largest in history — for drug diversion at multiple sites, McLaren Healthcare Corp. is stepping up to implement a robust compliance program. A cautionary tale for healthcare facilities to revisit their drug diversion prevention program before it’s too late. Read it here: | READ THE STORY >>>
____________________________
Upgrading Medication Storage and Retrieval System Software
As hospital and health system consolidation has increased year after year, independent hospitals are becoming increasingly rare. Upon acquisition by a health system, many hospitals must realign their financial and automation systems, including their automated medication storage and retrieval devices, to those of the parent facility. | READ THE STORY >>>
____________________________
US Drug Overdose Deaths Hit a Record High, CDC Reports
The US Centers for Disease Control and Prevention (CDC) is warning of an increase in drug overdose deaths during the COVID-19 pandemic.
For the 12 months ending in May 2020, roughly 81,230 people died of a drug overdose in the United States. | READ THE STORY >>>
____________________________
Overdose Deaths Accelerating During COVID-19
81,000 drug overdose deaths occurred in the United States in the 12 months ending in May 2020, the highest number of overdose deaths ever recorded in a 12-month period, according to recent provisional data from the Centers for Disease Control and Prevention (CDC). | READ THE STORY >>>
ANiGENT’s MAAP is a comprehensive solution
that helps facilities track and monitor
All Users, All Medications, in All Locations.