Closing a Medical Practice inDelaware
Estimated timeline: 60-90 days. This guide covers the key regulatory requirements for closing a medical practice in Delaware.
Key Requirements for Delaware
Patient Notification Requirements
Delaware requires at least 30 days written notice to active patients. A published notice in a local newspaper is also recommended.
Required Notification Methods
Medical Records Retention
Delaware requires retention of medical records for at least 7 years from the last date of treatment. Minor records must be retained until age 18 plus 7 years.
Delaware Board of Medical Licensure and Discipline
Physicians must notify the Board of Medical Licensure and Discipline of the practice closure and submit a records management plan.
DEA Requirements
Surrender DEA registration and Delaware controlled substance registration. Follow Delaware Division of Professional Regulation guidelines.
Entity Dissolution
File a Certificate of Dissolution with the Delaware Division of Corporations. File final tax returns with the Division of Revenue.
Estimated Timeline: 60-90 days
This timeline is an estimate based on Delaware's regulatory requirements. Your actual timeline may vary based on practice size, number of insurance panels, outstanding AR, and whether bankruptcy proceedings are involved. Brad can provide a precise estimate for your specific situation.
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