Cardinal Health: DEA suspends Lakeland, Fla., license on controlled substances

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#611253 - 12/09/07 01:52 AM Cardinal Health: DEA suspends Lakeland, Fla., license on controlled substances
Administrator Administrator Administrator GRAND Pooh-Bah Registered: 11/18/01 Posts: 6112 Loc: DrugBuyers.Com	http://money.cnn.com/news/newsfeeds/articles/newstex/AFX-0013-21516450.htm Quote: Cardinal Health: DEA suspends Lakeland, Fla., license on controlled substances December 07, 2007: 10:05 AM EST NEW YORK, Dec. 7, 2007 (Thomson Financial delivered by Newstex) -- Cardinal Health Inc. (NYSE:CAH) Friday said the U.S. Drug Enforcement Administration has suspended its license to distribute controlled substances from its Lakeland, Fla. distribution center, effective Dec. 10. The pharmaceutical logistics services company said it is cooperating with the DEA and reviewing its controlled substances procedures to guard against distribution to pharmacies engaged in illegal distributions of the controlled drugs. In late November, the company has its license to distribute suspended by the DEA at its Auburn, Washington facility. The agency found that the company failed to maintain effective controls against the diversion of the controlled substance hydrocodone after one pharmacy was caught dispensing excessive amounts of the drug based on illegitimate prescriptions from Internet pharmacy Web sites. Cardinal Health shares fell 1% to $60.16 in early trading. Christie Rizk Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News. Newstex ID: AFX-0013-21516450 This story is related to: http://www.drugbuyers.com/freeboard/ubbthreads.php/ubb/showflat/Main/38213/Number/607399#Post607399 but affects Lakeland... the capital of OCS's and online pharmacies, if there is one... _________________________ >>>Important>>> We need your support to keep this free board going, remain online, and improve the site. Help us help you. Join our VIP program. The membership costs less than $5 per month, pays for itself, and saves you a bundle in discounts, a real WIN-WIN situation: www.drugbuyers.com/join >>> Please do not contact me by PM for lost or forgotten usernames or passwords. You can recover them online or you can contact us via www.drugbuyers.com/help
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#611303 - 12/09/07 08:06 AM Re: Cardinal Health: DEA suspends Lakeland, Fla., license on controlled substances [Re: Administrator]
tigersmom tigersmom GRAND Pooh-Bah Registered: 07/20/05 Posts: 5189 Loc: Witchville	Oh great; get ready for long delays from several OCS. _________________________ I am neither Liberal, nor Conservative...I am RATIONAL
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#611309 - 12/09/07 08:28 AM Re: Cardinal Health: DEA suspends Lakeland, Fla., license on controlled substances [Re: tigersmom]
poesque poesque Old Hand Registered: 02/06/04 Posts: 415	Does anybody know yet which OCSs does this affect? Nearly everybody? S
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#611323 - 12/09/07 09:42 AM Re: Cardinal Health: DEA suspends Lakeland, Fla., license on controlled substanc [Re: poesque]
funkybreakz funkybreakz Pooh-Bah Registered: 01/24/04 Posts: 1303 Loc: My Living Room	ALL manufactures and distributors are getting hit right now. In fact, from what i heard, no controlled substances from ANY distributor will be able to be ordered and shipped until after at least the new year. This is also hitting B&M docs nationwide. Edited by funkybreakz (12/09/07 09:48 AM) _________________________ cat on a tin roof, dogs in a pile, nothin left to do but smile smile smile!
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#611347 - 12/09/07 11:23 AM Re: Cardinal Health: DEA suspends Lakeland, Fla., license on controlled substanc [Re: funkybreakz]
boltin1 boltin1 Banned Pooh-Bah Registered: 06/03/07 Posts: 1243 Loc: Northeast	Originally Posted By: funkybreakz ALL manufactures and distributors are getting hit right now. In fact, from what i heard, no controlled substances from ANY distributor will be able to be ordered and shipped until after at least the new year. This is also hitting B&M docs nationwide. That can't be? If you're saying that NO controlls can be ordered and shipped, then what will all of the Wallgreens, RiteAid and CVS pharmacies around the country do? There's no way that every distributor of controlled meds in the whole US can be stopped. Edited by boltin1 (12/09/07 11:23 AM)
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#611349 - 12/09/07 11:25 AM Re: Cardinal Health: DEA suspends Lakeland, Fla., license on controlled substances [Re: poesque]
boltin1 boltin1 Banned Pooh-Bah Registered: 06/03/07 Posts: 1243 Loc: Northeast	Originally Posted By: poesque Does anybody know yet which OCSs does this affect? Nearly everybody? S This would be somewhat tough to figure out what OCS/ROP's would be affected, think about it, this is a "distributor" not a pharmacy; you would first have to know what pharmacies would be affected and then what OCS/ROP's use those pharmacies, and unless you have access to the kind of data that the DEA can pull up on their computers, most consumers would not have access to that information.
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#611359 - 12/09/07 12:13 PM Re: Cardinal Health: DEA suspends Lakeland, Fla., license on controlled substances [Re: boltin1]
ninigirl ninigirl Board Addict Registered: 11/11/06 Posts: 308	It looks like they (Cardinal Health) have several (not sure how many exactly)regional distribution centers, two of whom have been affected so far by the DEA - the one in Auburn, WA & the other one in Lakeland, FL. I checked their website, but they don't actually list the individual distribution centers & where thay are located - my guess, however would be that the one in WA state would be the NW distribution center(serving WA & surrounding states) and the one in FL would cover the SE United States (FL, GA, AL, SC, etc). If my guess is correct then it would be reasonable to suppose they also have distribution centers that cover the NE, Midwest, SW & so on. So if your rx comes from a pharmacy in WA, FL or any of the surrounding states you may have a problem. Since Amerisource-Bergen (the first of the distributors targeted by the DEA & also in FL) was affected in May, 07 the problems seem to have just gotten worse & worse with the pharmacy situation. I believe that there is only one more large scale distributor that hasn't been affected so far, but they are probably next up on the radar. BTW, it was just interesting to note a couple of other things I saw on the Cardinal website. First, they claim that 1 in 6 rx's filled in the US comes through their supply chain & they say that they service 33,000 pharmacies in the US, so no small potatoes here. Even more interesting to me is that the Medicine Shoppe chain of pharmacies are apparently franchisees of Cardinal Health.
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#611407 - 12/09/07 03:07 PM Re: Cardinal Health: DEA suspends Lakeland, Fla., license on controlled substances [Re: poesque]
TideDoc TideDoc Veteran Registered: 02/21/06 Posts: 553	"This is also hitting B&M docs nationwide." What exactly are you talking about? B&M?
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#611409 - 12/09/07 03:12 PM Re: Cardinal Health: DEA suspends Lakeland, Fla., license on controlled substances [Re: ninigirl]
TideDoc TideDoc Veteran Registered: 02/21/06 Posts: 553	B&M? Bricks and mortar??? If in fact narly 17% of all scripts filled in the US comes through their supply chain then unless they are solely narcotics the large majority of their meds ought to be something other than hydros. Surely they are not only shipping narcotics: how stupid would somebody have to be-that is how these pharmacies are getting taken down. We had one in B'ham about two weeks ago that was called William and Mary: 6 million dollars in hydro scripts for a little mom and pop shop that I bet struggles to do $100,000 a year net without the OP business.
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#611577 - 12/10/07 06:40 AM Re: Cardinal Health: DEA suspends Lakeland, Fla., license on controlled substances [Re: Administrator]
TomSmallie TomSmallie Member Registered: 05/23/05 Posts: 130	Hot off the presses - right from their website..... http://preview.cardinal.com/content/news/1272007_8319.asp _________________________ "A man's got to know his limitations" - Harry Callahan
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#611585 - 12/10/07 07:02 AM Re: Cardinal Health: DEA suspends Lakeland, Fla., license on controlled substances [Re: TomSmallie]
maandmister maandmister Member Registered: 03/07/07 Posts: 181	What does this mean: "pharmacies engaged in diversion"
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#611614 - 12/10/07 09:23 AM Re: Cardinal Health: DEA suspends Lakeland, Fla., license on controlled substanc [Re: funkybreakz]
gr8fulcpa gr8fulcpa Veteran Registered: 02/12/07 Posts: 654 Loc: Gamehendge	Originally Posted By: funkybreakz ALL manufactures and distributors are getting hit right now. In fact, from what i heard, no controlled substances from ANY distributor will be able to be ordered and shipped until after at least the new year. This is also hitting B&M docs nationwide. This is the most rediculous, speculative statement ever...How are docs affected by pharamcy supplies anyway...my doc does not give me the actually meds...he gives me a piece of paper! _________________________ You've lost it...You'll never get out of this MAZE!
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#611621 - 12/10/07 09:43 AM Re: Cardinal Health: DEA suspends Lakeland, Fla., license on controlled substanc [Re: funkybreakz]
stevo1 stevo1 GRAND Pooh-Bah Registered: 08/08/06 Posts: 1732 Loc: Top of The World!	Originally Posted By: funkybreakz ALL manufactures and distributors are getting hit right now. In fact, from what i heard, no controlled substances from ANY distributor will be able to be ordered and shipped until after at least the new year. This is also hitting B&M docs nationwide. Funky...Ummm I really don't think so! _________________________ Stare into my Avatar.....You are getting Sleepy....Very Sleepy....Relax..... Don't Sweat The Small Stuff - It's All Small Stuff!
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#611638 - 12/10/07 10:36 AM Re: Cardinal Health: DEA suspends Lakeland, Fla., license on controlled substances [Re: maandmister]
mgm1 mgm1 Pooh-Bah Registered: 05/03/07 Posts: 1234 Loc: MN	Originally Posted By: maandmister What does this mean: "pharmacies engaged in diversion" "Diversion" Is the DEA's word for the supposed supply of narcotic drugs to those who should not be getting them. "Diverting drugs destined for a legitimate destination to an illegitimate place" "Diverting drugs to illegal (allegedly) places.... Or some B.S. like that.... Its all GARBAGE. Except for maybe the NROPS, which are GONE, at least for hydro anyway. Which were clearly ILLEGAL according to common opinion now. To imply this is going to affect Walgreens, CVS, etc is just rediculous! Sure this is going to affect some, but its not the end of the world (yet). I could see some having to settle for a slightly different medication than they are used to. Maybe 5's, or different levels of apap, (500s or 650s maybe?) maybe T-3s instead for some people for a while?? (assuming most people get the all-popular 10/325) Who knows, but I don't think it is time to PANIC yet! _________________________ God bless the USA
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#611641 - 12/10/07 10:42 AM Re: Cardinal Health: DEA suspends Lakeland, Fla., license on controlled substances [Re: mgm1]
gr8fulcpa gr8fulcpa Veteran Registered: 02/12/07 Posts: 654 Loc: Gamehendge	Even their website indicates that they are working to get pharmacies medication through diferent distribution centers. _________________________ You've lost it...You'll never get out of this MAZE!
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#611649 - 12/10/07 11:02 AM Re: Cardinal Health: DEA suspends Lakeland, Fla., license on controlled substances [Re: gr8fulcpa]
IrishRose38 IrishRose38 Board Addict Registered: 11/06/06 Posts: 311	Boy, I bet the DEA is just sitting back having a good HEE-HAW over this one. Going after a HUGE company like this for "diversion". What a crock of SH*T!! More scare tactics to keep distributers from shipping to pharmacies who service ROP's. They aren't going to leave this alone. They only get better at it everyday. Hey ABC's, get a grip & shut down the Meth lab 1/2 mile from my house & leave us the H@LL alone! Irish
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#611659 - 12/10/07 11:31 AM Re: Cardinal Health: DEA suspends Lakeland, Fla., license on controlled substances [Re: IrishRose38]
stevo1 stevo1 GRAND Pooh-Bah Registered: 08/08/06 Posts: 1732 Loc: Top of The World!	Yup... Good job DEA...Now all the folks in Florida will be in pain ...All because you temporally cut off the supply ...You should be proud of yourselves!!! Why can't you go after the Bar in town that sells Crack & Ex? and the Guy down the road that is making Meth. and selling it at High Schools? _________________________ Stare into my Avatar.....You are getting Sleepy....Very Sleepy....Relax..... Don't Sweat The Small Stuff - It's All Small Stuff!
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#611663 - 12/10/07 11:42 AM Re: Cardinal Health: DEA suspends Lakeland, Fla., license on controlled substances [Re: stevo1]
IrishRose38 IrishRose38 Board Addict Registered: 11/06/06 Posts: 311	Indeed Stevo! And there really is a Meth lab 1/2 mile down my road. Everyone knows about, even the Sheriff's Dept. I heard it straight from a Deputy's mouth. Sooooo, I can't get pain meds, but I COULD walk the dog & make a "score"!! I'm going to stroke out for sure. I'm usually not like this, but this is just too much, I'm hormonal, & in a REALLY BAD MOOD!! Still love ya guys though! Irish Forgot to add......it's Monday, raining cat's & dog's, flash flood warning, & we just had 4 inches of snow last Thursday. Just call me "crabby-patty" Edited by IrishRose38 (12/10/07 11:45 AM)
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#611814 - 12/10/07 04:42 PM Re: Cardinal Health: DEA suspends Lakeland, Fla., license on controlled substances [Re: IrishRose38]
OWIEEE OWIEEE Member Registered: 05/24/07 Posts: 135 Loc: south of nowhere	is there a new law or a few new laws regarding scripts, OCS's and/or telemedicine that are going into effect at the begining of 2008 that maybe we dont know about?? Does anyone know? _________________________ Pain is EVIL!!!
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#611830 - 12/10/07 05:00 PM Re: Cardinal Health: DEA suspends Lakeland, Fla., license on controlled substances [Re: stevo1]
dawn147 dawn147 Pooh-Bah Registered: 05/08/07 Posts: 1497 Loc: somewhere in time	Originally Posted By: stevo1 Yup... Good job DEA...Now all the folks in Florida will be in pain ...All because you temporally cut off the supply ...You should be proud of yourselves!!! Why can't you go after the Bar in town that sells Crack & Ex? and the Guy down the road that is making Meth. and selling it at High Schools? Because its too easy, they get all their info from this site. Why work hard?? They must justify their salaries. Your tax dollar hard at work for you. _________________________ The most difficult thing to do is to do nothing at all
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#612001 - 12/10/07 10:37 PM Re: Cardinal Health: DEA suspends Lakeland, Fla., license on controlled substances [Re: TomSmallie]
TideDoc TideDoc Veteran Registered: 02/21/06 Posts: 553	What would be great would be to know who their they are distributing too (I think somebody said Medicine Shoppe): So they are saying that 17% of all drugs dispensed runs through the CHS supply chain. That includes retail, hospitals, nursing homes and OPs not to mention overseas. I'm sure they will quickly work out some type of arrangement where they agree to stop shipping to OPs in order to save their company. I think long delays from a number of sources is possible: they are apparently so large that this hit alone is not going to take them under but only tracking their financial data online would one know for certain. Of the 17% total I imagine that narcotics would be a very small percentage indeed: the question is not how much they ship but how many OPs are receiving their hydros from this network and I di not want to create a panic but I bet it is a lot. DEA would not be screwing up a company this size unless they knew for certain DOJ had a substantial case. Found this trying to determine who their distributors are in the supply chain: One out of every six pharmaceutical products dispensed to U.S. patients travels through the efficient nationwide network of Cardinal Health. Through our Pharmaceutical Supply Chain business, Cardinal Health consolidates product orders from hundreds of manufacturers into pharmacy-specific deliveries for retail, hospital and alternate-site customers. Our capabilities extend to the daily management of logistics, inventory and administrative activities for more than 33,000 locations. > Rx products and services We provide generic and branded pharmaceutical programs and services. > Consumer Health We offer private labeling, marketing, billing and health information services. > SpecialtyScripts Pharmacy Services We do everything possible to make the prescription delivery process simple and efficient. > CORxE program We provide a variety of applications and tools to help our Health Systems customers manage their pharmacy more effectively. > Pharmaceutical brokerage We can supply real-time information for brokerage customers. > Specialty Pharmaceutical Distribution We’re a trusted industry leader in the distribution of therapeutic plasma products and specialty pharmaceuticals. > Leader® pharmacies A national network of independent retail pharmacies and associates services > Pharmacy franchise services Medicine Shoppe, a Cardinal Health business, is the largest franchiser of independent pharmacies in the United States. ******************************** streaming quotes: ON Turn OFF CARDINAL HEALTH INC (NYSE:CAH) After Hours: 60.24 0.05 (0.09%) on 12/10/07 Last Trade: 60.29 Trade Time: Dec 10 Change: 0.31 (0.51%) Prev Close: 60.60 Open: 60.65 Bid: N/A Ask: N/A 1y Target Est: 77.23 Day's Range: 59.91 - 60.77 52wk Range: 56.41 - 76.15 Volume: 1,886,894 Avg Vol (3m): 2,620,930 Market Cap: 21.80B P/E (ttm): 12.11 EPS (ttm): 4.98 Div & Yield: 0.48 (0.80%) New! Try our new Charts in Beta 1d 5d 3m 6m 1y 2y 5y max : if you look at the charts from yahoofinance you can see they have been volitile on earnings: that is not good for shareholders. I will be interested to see if any of these OP reps come onto the board to explain "what now": HEADLINE • UPDATE - US DEA suspends Cardinal license at Florida center at Reuters (Fri, Dec 7) • DEA Suspends Cardinal Health License AP (Fri, Dec 7) • Cardinal Health to Cease Distribution of Controlled Substances from Florida Facility PR Newswi re (Fri, Dec 7) • DEA Move Shouldn't Hurt Cardinal Health AP (Fri, Nov 30) More Headlines for CAH... Add CAH News to My Yahoo!: Their income state is pasted below just to give an idea of what kind of player they are in the pharm dist market: from 6/30/07 (000)so add three 000 which I did Total Revenue 86,852,000,000 (86 billion rev) Cost of Revenue 81,606,700,000 (82 billion cost of sales) Gross Profit 5,245,300,000 (5 billion gross profit) Operating Expenses Research Development - - - Selling General and Administrative 3,082,300 (3 billion) Non Recurring 789 million Others - - - Total Operating Expenses - - - Operating Income or Loss 1,373,700 (1.3 billion op inc) so these are big boys playing with big bucks. This is to my knowledge the largest hit so far by the DEA: if anybody knows anyone any bigger or more powerful please correct me but this is a NYSE company wiht a multitude of shareholders who will be none too happy to discover their company has been engaged in selling "illegal" scripts over the internet. I personally believe they will fall out of the OP market and I don't know who that leaves to distribute hydros to these OPs. Maybe somebody in the industry knows and can shed some light on this situation: an EDGAR (the SEC site coded by NYSE symbol and they have a symbol look-up) search should tell when they were first notified they had problems, management's response to the notification: Somebody will probably be doing the perp walk from CHS over this deal. They can bunk up with Michael Vick and Conrad Black. and Governor Seigleman with Richard Schrushy!!!
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#612178 - 12/11/07 10:12 AM Re: Cardinal Health: DEA suspends Lakeland, Fla., license on controlled substances [Re: TideDoc]
Jamo Jamo GRAND Pooh-Bah Registered: 12/08/05 Posts: 1815 Loc: new england	Personally i think these are the people we need to send our letters to, the ones who's bottom dollar numbers are going to be affected by this. We should al send letters to them with our stories of how the DEa has been scaring dr's into not rxing for years now and when we finally find a place willing to help? What do all you guys think? If we word our letters right and appeal to the humanity as well as the bottom dollars we may be able to get them to get the DEa to back off. Or at least go after the drug dealers they should be going after.
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#612181 - 12/11/07 10:23 AM Re: Cardinal Health: DEA suspends Lakeland, Fla., license on controlled substances [Re: Jamo]
DanielWA DanielWA Veteran Registered: 02/27/07 Posts: 601	Jamo, I am afraid that they would really have no-pull with the DEA. Basically, they are a Fortune 500 Company and their only real concern is their executive board and their share holders. I have a feeling, that heads are going to roll at the top, because of the exposure that this has brought the company. Investors don't like to see the government get into their business, and if it reflects badly on the "bottom line", whomever was suppose to be watching the hen house, will be more likely in the dog house. I have seen CEO's that were at one time golden boys of their company, only to be pushed out the door quickly, when the "gold" tarnished. Large companies like that, have no loyalty to their employees, especially when it comes time to clean house.
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#612232 - 12/11/07 11:29 AM Re: Cardinal Health: DEA suspends Lakeland, Fla., license on controlled substanc [Re: gr8fulcpa]
funkybreakz funkybreakz Pooh-Bah Registered: 01/24/04 Posts: 1303 Loc: My Living Room	Originally Posted By: gr8fulcpa Originally Posted By: funkybreakz ALL manufactures and distributors are getting hit right now. In fact, from what i heard, no controlled substances from ANY distributor will be able to be ordered and shipped until after at least the new year. This is also hitting B&M docs nationwide. This is the most rediculous, speculative statement ever...How are docs affected by pharamcy supplies anyway...my doc does not give me the actually meds...he gives me a piece of paper! Actually its fact. Unless my doctor is lying to me about his visit and audit. Was "instructed" to cut back meds on any and all of his pain patients. this guy does everything by the book. Great doc. Said it was happening to all docs nationwide, and this was not specific to him. Just passing along what I was told. Don't shoot the messenger. I had starting using a pharmacy that was right around the corner from my office. Very convienient. Well, they had none of the meds that the doc wrote for me and said to try somewhere else as they could not order what I needed until after the new year. happened at the next pharm I went to as well. I found it as weird. Finally got my fills at the 3rd pharm... _________________________ cat on a tin roof, dogs in a pile, nothin left to do but smile smile smile!
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#612284 - 12/11/07 01:21 PM Re: Cardinal Health: DEA suspends Lakeland, Fla., license on controlled substances [Re: DanielWA]
Jamo Jamo GRAND Pooh-Bah Registered: 12/08/05 Posts: 1815 Loc: new england	thats what i as getting at. they are a fortune 500 company and have the lawyers to fight this Bull shat!!! I mean all of has been to numerous dr's to hear all their bs about meds etc... My own dr said "do you want the DEa to come and take my license"? That guy was an idiot but still it looks as if other dr's are saying similar things. I think this could be a golden opportunity to have a fortune 500 company stand up to the DEA and tell them to go shat in their hat!!!! We are only getting the treatment we deserve and the DEa is wasting our tax dollars going after drug manufacture and docs, pharmacies because they are either to scasred or to lazt to go after the illegal drug dealers. Not to mention these street level dealers dont have all the dough the big wigs have!
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