Closing a Medical Practice inNevada
Estimated timeline: 60-90 days. This guide covers the key regulatory requirements for closing a medical practice in Nevada.
Key Requirements for Nevada
Patient Notification Requirements
Nevada requires at least 30 days written notice to active patients. NRS 630 outlines specific requirements for physician practice closure.
Required Notification Methods
Medical Records Retention
Nevada requires medical records to be retained for at least 5 years from the date of last treatment. Minor records must be kept until age 18 plus 5 years. Hospitals have longer requirements.
Nevada State Board of Medical Examiners
The Nevada State Board of Medical Examiners must be notified under NRS 630. The Board has specific statutory requirements for practice closure.
DEA Requirements
Surrender DEA registration and Nevada State Board of Pharmacy controlled substance registration. Follow Nevada Pharmacy Board disposal protocols.
Entity Dissolution
File Articles of Dissolution with the Nevada Secretary of State. File final tax returns with the Nevada Department of Taxation. Note: Nevada has no state income tax, but franchise/commerce tax may apply.
Estimated Timeline: 60-90 days
This timeline is an estimate based on Nevada'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.
Get My Personalized TimelineReady to Close Your Nevada PracticeWith Confidence?
Schedule a free consultation. Brad will build you a personalized closure plan based on Nevada's specific requirements.