Closing a Medical Practice inMassachusetts
Estimated timeline: 60-90 days. This guide covers the key regulatory requirements for closing a medical practice in Massachusetts.
Key Requirements for Massachusetts
Patient Notification Requirements
Massachusetts Board of Registration in Medicine requires at least 30 days notice to patients. A notice must be published in a newspaper of general circulation and posted in the office.
Required Notification Methods
Medical Records Retention
Medical records must be maintained for at least 7 years following the last patient encounter. For minors, records must be kept until the patient is 18 plus 7 additional years.
Massachusetts Board of Registration in Medicine
The Board must be notified in writing at least 30 days before closure. A detailed plan for records management and patient notification must be submitted.
DEA Requirements
Surrender DEA registration. Dispose of controlled substances per DEA reverse distribution or destruction protocols. Complete DEA Form 41 for destruction.
Entity Dissolution
File Articles of Dissolution with the Massachusetts Secretary of the Commonwealth. File final tax returns. Notify the Department of Revenue.
Estimated Timeline: 60-90 days
This timeline is an estimate based on Massachusetts'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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