Closing a Medical Practice inOklahoma
Estimated timeline: 60-90 days. This guide covers the key regulatory requirements for closing a medical practice in Oklahoma.
Key Requirements for Oklahoma
Patient Notification Requirements
Oklahoma requires at least 30 days written notice to active patients and a published notice in a newspaper of general circulation.
Required Notification Methods
Medical Records Retention
Oklahoma requires medical records to be retained for at least 7 years from the last date of treatment. Minor records must be kept until age 18 plus 7 years.
Oklahoma State Board of Medical Licensure and Supervision
The State Board of Medical Licensure and Supervision must be notified of the practice closure.
DEA Requirements
Surrender DEA registration and Oklahoma Bureau of Narcotics and Dangerous Drugs Control registration.
Entity Dissolution
File Articles of Dissolution with the Oklahoma Secretary of State. File final tax returns with the Oklahoma Tax Commission.
Estimated Timeline: 60-90 days
This timeline is an estimate based on Oklahoma'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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