McKesson to pay $1m to resolve recordkeeping violations

McKesson Corporation (MCK) has agreed to pay a $1 million civil penalty to resolve alleged recordkeeping violations, the Department of Justice announced on Monday.

The agreement between DoJ and McKesson resolves allegations that McKesson’s packaging subsidiary, RxPak, located in Memphis, Tennessee, engaged in a continuing pattern of recordkeeping deficiencies.

The recordkeeping deficiencies include failing to take an initial inventory of controlled substances received; failing to maintain complete and accurate records of controlled substances received, manufactured, sold, delivered or disposed of; and failing to maintain complete and accurate DEA-222 forms.

Read more: Nasdaq, 14 March 2022