Closing a Medical Practice inSouth Carolina
Estimated timeline: 60-90 days. This guide covers the key regulatory requirements for closing a medical practice in South Carolina.
Key Requirements for South Carolina
Patient Notification Requirements
South Carolina requires physicians to give at least 30 days notice to patients. Written notification and public notice are recommended.
Required Notification Methods
Medical Records Retention
South Carolina requires medical records be retained for at least 10 years from the last date of treatment. Minor records must be retained until age 18 plus 10 years.
South Carolina Board of Medical Examiners
The Board of Medical Examiners must be notified of the practice closure and the physician's plan for records management.
DEA Requirements
Surrender DEA registration and South Carolina DHEC controlled substance registration. Follow DHEC Bureau of Drug Control protocols for disposal.
Entity Dissolution
File Articles of Dissolution with the South Carolina Secretary of State. File final tax returns with the Department of Revenue.
Estimated Timeline: 60-90 days
This timeline is an estimate based on South 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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Schedule a free consultation. Brad will build you a personalized closure plan based on South Carolina's specific requirements.