Closing a Medical Practice inWisconsin
Estimated timeline: 60-90 days. This guide covers the key regulatory requirements for closing a medical practice in Wisconsin.
Key Requirements for Wisconsin
Patient Notification Requirements
Wisconsin requires at least 30 days notice to active patients through written notification and a published notice.
Required Notification Methods
Medical Records Retention
Wisconsin requires medical records be retained for at least 7 years from the date of last service. Minor records must be kept until age 18 plus 7 years.
Wisconsin Medical Examining Board
The Medical Examining Board, under the Department of Safety and Professional Services, must be notified of the closure.
DEA Requirements
Surrender DEA registration and Wisconsin controlled substance registration. Follow Wisconsin Pharmacy Examining Board guidelines for disposal.
Entity Dissolution
File Articles of Dissolution with the Wisconsin Department of Financial Institutions. File final tax returns with the Department of Revenue.
Estimated Timeline: 60-90 days
This timeline is an estimate based on Wisconsin'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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