Closing a Medical Practice inMaryland
Estimated timeline: 60-90 days. This guide covers the key regulatory requirements for closing a medical practice in Maryland.
Key Requirements for Maryland
Patient Notification Requirements
Maryland requires at least 30 days written notice to active patients. Notices must also be published in a local newspaper and posted at the practice.
Required Notification Methods
Medical Records Retention
Maryland requires retention of medical records for at least 5 years from the date of last treatment. Minor records must be kept until age 18 plus 5 years.
Maryland Board of Physicians
The Maryland Board of Physicians must be notified of the closure. Physicians must submit a plan for records disposition and patient notification.
DEA Requirements
Surrender DEA registration. Maryland has additional requirements through the Office of Controlled Substances Administration for state-level registration.
Entity Dissolution
File Articles of Dissolution with the Maryland State Department of Assessments and Taxation (SDAT). File final tax returns with the Comptroller of Maryland.
Estimated Timeline: 60-90 days
This timeline is an estimate based on Maryland'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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