Closing a Medical Practice inTennessee
Estimated timeline: 60-90 days. This guide covers the key regulatory requirements for closing a medical practice in Tennessee.
Key Requirements for Tennessee
Patient Notification Requirements
Tennessee requires at least 30 days written notice to active patients via direct mail. A newspaper notice is also required.
Required Notification Methods
Medical Records Retention
Tennessee requires medical records to be retained for 10 years from the last date of treatment. Minor records must be kept until age 18 plus 10 years.
Tennessee Board of Medical Examiners
The Board of Medical Examiners must be notified of the closure. Tennessee has specific rules under the Division of Health Related Boards.
DEA Requirements
Surrender DEA registration. Tennessee requires surrender of state controlled substance registration through the Tennessee Department of Health.
Entity Dissolution
File Articles of Dissolution with the Tennessee Secretary of State. File final tax returns with the Department of Revenue.
Estimated Timeline: 60-90 days
This timeline is an estimate based on Tennessee'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.
Get My Personalized TimelineReady to Close Your Tennessee PracticeWith Confidence?
Schedule a free consultation. Brad will build you a personalized closure plan based on Tennessee's specific requirements.