Closing a Medical Practice inGeorgia
Estimated timeline: 60-90 days. This guide covers the key regulatory requirements for closing a medical practice in Georgia.
Key Requirements for Georgia
Patient Notification Requirements
Georgia Composite Medical Board requires at least 30 days written notice to active patients and publication of a closure notice in a local newspaper.
Required Notification Methods
Medical Records Retention
Georgia requires retention of medical records for 10 years from the date of last treatment. Minor records must be kept until age 18 plus 10 years.
Georgia Composite Medical Board
The Composite Medical Board must be notified of the closure, including a detailed plan for records retention and patient notification.
DEA Requirements
Surrender DEA registration. Georgia requires separate surrender of state controlled substance permit through the Georgia Drugs and Narcotics Agency.
Entity Dissolution
File Articles of Dissolution with the Georgia Secretary of State, Corporations Division. File final tax returns with the Department of Revenue.
Estimated Timeline: 60-90 days
This timeline is an estimate based on Georgia'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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