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How long must an outpatient pharmacy retain records following a closure?

  1. 6 months

  2. 1 year

  3. 2 years

  4. 5 years

The correct answer is: 2 years

An outpatient pharmacy must retain records for a minimum of two years following a closure. This requirement is established to ensure that all transactions and patient records are accessible for audits, investigations, or any potential legal matters that may arise post-closure. Retaining these records for this period is critical for compliance with federal and state regulations, as it allows access to important information regarding medication dispensing, prescriptions, and patient interactions. While options representing shorter periods like six months or one year may seem convenient, they do not align with the established standards aimed at protecting patient interests and ensuring accountability within the pharmacy profession. Similarly, retaining records for five years, while generous, exceeds the mandated retention period as specified in regulations. Therefore, understanding the two-year retention rule is essential for pharmacy professionals to maintain legal compliance and uphold patient care standards during and after the operational lifecycle of the pharmacy.