Closing a Medical Practice inNorth Carolina
Estimated timeline: 60-90 days. This guide covers the key regulatory requirements for closing a medical practice in North Carolina.
Key Requirements for North Carolina
Patient Notification Requirements
The North Carolina Medical Board requires written notice to active patients at least 30 days before closure. Publication in a local newspaper and posted office notice are also required.
Required Notification Methods
Medical Records Retention
North Carolina requires retention for a minimum of 7 years (11 years per NCMB recommendation). Minor records must be kept until age 18 plus the applicable retention period.
North Carolina Medical Board
The NCMB must be notified of the closure. The Board has specific position statements on practice closure that must be followed.
DEA Requirements
Surrender DEA registration. North Carolina requires separate notification to the NC Department of Health and Human Services for controlled substance permits.
Entity Dissolution
File Articles of Dissolution with the NC Secretary of State. File final returns with the NC Department of Revenue.
Estimated Timeline: 60-90 days
This timeline is an estimate based on North Carolina'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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