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