Closing a Medical Practice inIdaho
Estimated timeline: 60-90 days. This guide covers the key regulatory requirements for closing a medical practice in Idaho.
Key Requirements for Idaho
Patient Notification Requirements
Idaho requires reasonable notice to patients, typically at least 30 days. Direct mail and public notice are the standard methods.
Required Notification Methods
Medical Records Retention
Idaho requires medical records to be retained for at least 7 years from the last date of treatment. Minor records should be kept until age 18 plus 7 years.
Idaho Board of Medicine
The Idaho Board of Medicine must be notified of the closure and the physician's plan for records management.
DEA Requirements
Surrender DEA registration and Idaho Board of Pharmacy controlled substance registration.
Entity Dissolution
File Articles of Dissolution with the Idaho Secretary of State. File final tax returns.
Estimated Timeline: 60-90 days
This timeline is an estimate based on Idaho'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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