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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) The legislature recognizes that in order for hospitals to ensure drugs are accessible to patients and the public to meet hospital and community health care needs, certain transfers of drugs must be authorized between hospitals and their affiliated or related companies under common ownership and control of the corporate entity and for emergency medical reasons.
(2) A licensed hospital pharmacy is permitted, without a wholesaler license, to:
(a) Engage in intracompany sales, being defined as any transaction or transfer between any division, subsidiary, parent company, affiliated company, or related company under common ownership and control of the corporate entity, unless the transfer occurs between a wholesale distributor and a health care entity or practitioner; and
(b) Sell, purchase, or trade a drug or offer to sell, purchase, or trade a drug for emergency medical reasons. For the purposes of this subsection, “emergency medical reasons” includes transfers of prescription drugs to alleviate a temporary shortage, except that the gross dollar value of the transfers may not exceed five percent of the total prescription drug sale revenue of either the transferor or transferee pharmacy during any twelve consecutive month period.
Cite this article: FindLaw.com - Washington Revised Code Title 70. Public Health and Safety § 70.41.490. Authorization for certain transfers of drugs between hospitals and their affiliated companies - last updated January 01, 2025 | https://codes.findlaw.com/wa/title-70-public-health-and-safety/wa-rev-code-70-41-490/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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