Closing a Medical Practice inOhio
Estimated timeline: 60-90 days. This guide covers the key regulatory requirements for closing a medical practice in Ohio.
Key Requirements for Ohio
Patient Notification Requirements
Ohio requires written notice to active patients at least 30 days before closure. The State Medical Board recommends publishing a notice in a newspaper of general circulation.
Required Notification Methods
Medical Records Retention
Ohio requires medical records to be maintained for at least 7 years from the date of the last entry. Minor records should be kept until age 18 plus 7 years.
State Medical Board of Ohio
The State Medical Board of Ohio must be notified of the closure. The Board has specific guidance documents for practice closure procedures.
DEA Requirements
Surrender DEA registration and Ohio terminal distributor of dangerous drugs (TDDD) license. Contact the Ohio Board of Pharmacy for state disposal requirements.
Entity Dissolution
File a Certificate of Dissolution with the Ohio Secretary of State. File final tax returns with the Ohio Department of Taxation.
Estimated Timeline: 60-90 days
This timeline is an estimate based on Ohio'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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Schedule a free consultation. Brad will build you a personalized closure plan based on Ohio's specific requirements.