A new manager must perform a controlled substance inventory within what time frame?

Under federal law, a newly managing registrant must perform an inventory of all controlled substances on hand as of their date of registration. This controlled substance inventory must be performed within 72 hours of taking over management responsibilities. The rationale behind this timeframe is to ensure accountability and compliance with regulations surrounding the handling of controlled substances, thereby preventing potential misuse or discrepancies in inventory records.

This requirement is essential for maintaining the integrity of the managed facility and safeguarding patient health and safety. Accurate inventories help ensure that all controlled substances are tracked properly, and any challenges related to discrepancies can be addressed promptly. In the context of pharmacy or healthcare management, having a systematic approach to inventory management from the outset is crucial in enabling a smooth transition and compliance with both state and federal regulations.