Closing a Medical Practice inRhode Island
Estimated timeline: 60-90 days. This guide covers the key regulatory requirements for closing a medical practice in Rhode Island.
Key Requirements for Rhode Island
Patient Notification Requirements
Rhode Island requires at least 30 days written notice to active patients and publication in a local newspaper.
Required Notification Methods
Medical Records Retention
Rhode Island requires medical records be retained for at least 5 years from the last date of treatment. Minor records should be kept until the patient reaches age 18 plus 5 years.
Rhode Island Board of Medical Licensure and Discipline
Physicians must notify the Board of their intent to close, including a plan for records retention and patient notification.
DEA Requirements
Surrender DEA registration. Dispose of controlled substances per federal DEA guidelines. Return unused order forms.
Entity Dissolution
File Articles of Dissolution with the Rhode Island Secretary of State. File final tax returns.
Estimated Timeline: 60-90 days
This timeline is an estimate based on Rhode Island'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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