Closing a Medical Practice inMichigan
Estimated timeline: 60-90 days. This guide covers the key regulatory requirements for closing a medical practice in Michigan.
Key Requirements for Michigan
Patient Notification Requirements
Michigan requires 30 days written notice to active patients. A published notice is also required by the Michigan Board of Medicine.
Required Notification Methods
Medical Records Retention
Michigan requires retention of medical records for at least 7 years from the date of last treatment. Minor records should be kept until age 18 plus 7 years.
Michigan Board of Medicine
The Michigan Board of Medicine, under LARA (Licensing and Regulatory Affairs), must be notified of the closure.
DEA Requirements
Surrender DEA registration and Michigan controlled substance license. Follow Michigan Board of Pharmacy guidelines for disposal.
Entity Dissolution
File dissolution documents with the Michigan Department of Licensing and Regulatory Affairs (LARA). File final tax returns with the Department of Treasury.
Estimated Timeline: 60-90 days
This timeline is an estimate based on Michigan'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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