When can registration occur in relation to contract execution?

Registration in the context of the $340B Program can occur before contract execution because it allows the covered entity to prepare and gather necessary documentation and information needed for compliance with the program. This is an essential step that ensures the entity is fully informed and ready to adhere to the program's requirements once the contract is officially executed.

Initiating registration before the contract helps facilitate a smoother transition into the contracting phase, allowing for potential issues to be identified and resolved upfront. It positions the covered entity to meet program criteria promptly by aligning their operations with contractual obligations.

In many cases, the timing of registration is crucial, as ensuring all registrations are completed beforehand can significantly influence the effectiveness and efficiency of future operations and potential audits or reviews. This proactive approach underscores the importance of organizational readiness in maintaining compliance with the program’s regulatory framework.