COMPOUNDING PHARMACY: Disadvantages

By Dr. David Edward Marcinko MBA MEd

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⚠️ Cons of Compounding Pharmacies

1. Quality and Safety Concerns

  • Medications are not FDA-approved, meaning they don’t go through the same rigorous testing as commercial drugs.
  • Risk of contamination or incorrect formulation if strict standards aren’t followed.
  • Potency can vary between batches, leading to inconsistent therapeutic effects.

2. Limited Regulation

  • Oversight is less stringent compared to mass-produced pharmaceuticals.
  • Standards may differ depending on the state or the specific pharmacy.
  • Patients may not always know whether their compounding pharmacy meets high-quality benchmarks.

3. Insurance and Cost Issues

  • Compounded medications are often not covered by insurance.
  • They can be more expensive due to customization and small-scale production.

4. Availability and Accessibility

  • Not all pharmacies offer compounding services.
  • Patients may need to travel farther or wait longer to receive their medication.

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5. Evidence and Efficacy

  • Limited clinical trials or scientific evidence supporting compounded formulations.
  • Effectiveness may rely heavily on anecdotal reports rather than standardized studies.

6. Risk of Errors

  • Human error in measuring, mixing, or labeling can lead to incorrect dosages.
  • Lack of standardized packaging may increase confusion for patients.

👉 In short: while compounding pharmacies can provide personalized solutions, the downsides include less regulation, higher costs, safety risks, and limited evidence of efficacy compared to FDA-approved medications.

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SPEAKING: Dr. Marcinko will be speaking and lecturing, signing and opining, teaching and preaching, storming and performing at many locations throughout the USA this year! His tour of witty and serious pontifications may be scheduled on a planned or ad-hoc basis; for public or private meetings and gatherings; formally, informally, or over lunch or dinner. All medical societies, financial advisory firms or Broker-Dealers are encouraged to submit an RFP for speaking engagements: CONTACT: Ann Miller RN MHA at MarcinkoAdvisors@outlook.com -OR- http://www.MarcinkoAssociates.com

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WORKPLACE SAFETY: 10 Rules and Guidelines

WORKPLACE MEDICAL VIOLENCE

By Staff Reporters

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Workplace safety is no joke. Slips and trips can lead to a hospital visit—though at least it’s a quick commute for healthcare workers in states with high rates of workplace injuries. In fact, Maine, Oregon, and Vermont had the highest rates of nonfatal workplace accidents and injuries, according to an analysis shared with Healthcare Brew via email of 2021 US Bureau of Labor Statistics data compiled by High Rise Financial, a pre-settlement legal funding company.

What do these states also have in common? According to HealthcareBrew, nursing, ranked within the top 10 most popular professions in each state.

Maine had the highest rate of workplace accidents: 4.7 out of every 100 full-time workers in the state were involved in a nonfatal workplace accident in 2021, High Rise Financial found. That is 67.9% higher than the country’s yearly average. In 2021, 30,270 of the 592,000 registered employees in Maine were home healthcare workers or registered nurses. MaineHealth was the state’s largest private employer in 2021 with approximately 20,500 employees, per the Maine Center for Workforce Research and Information. But the state’s high accident rate isn’t a failure—it suggests that Maine workers are reporting accidents and injuries before they become more serious and require workers’ compensation, Maine Public Radio reported. The most recent data from 2011 shows that workers’ compensation losses cost hospitals nationwide $2 billion, the Occupational Safety and Health Administration found.

CITE: https://www.r2library.com/Resource/Title/082610254

If tedious workplace safety rules sound like a pain, try having an accident. “Slips, trips, and falls,” especially without a wet floor warning sign, are the top causes of workplace accidents that are eligible for pre-settlement funding, according to the High Rise Financial analysis. Even a small slip could lead to a back injury, a broken bone, or a concussion—no banana peel needed.

It’s not all doom and gloom: The CDC has generously curated a list of songs with workplace safety and health themes to liven up your nine-to-five. Just be sure to wear nonslip shoes if you feel like dancing.

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Workplace Violence: https://medicalexecutivepost.com/2022/12/08/medical-workplace-violence-prevention-guidelines/

Related: https://medicalexecutivepost.com/2022/09/23/assessment-of-workplace-violence-in-healthcare/

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