Closeout, part II: Clear legal, financial hurdles when closing a practice
Effective Sep 8, 2022
Published Sep 12, 2022
Last Reviewed Sep 8, 2022
Beyond the previously-covered handling of patient records after a practice shutters, owners or partners will have to deal with parties affected by their closing — payers, patients, creditors, the medical board and others. It’s not as simple as turning out the lights and locking up; you must prepare to accommodate the needs of all the parties involved.
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