Whether you are planning to relocate out of state, retire, or change jobs, there are countless tasks involved with closing a therapy practice. Some of these involve clinical care of the patient, while others pertain to the myriad administrative aspects of practice closure.
Begin the process by checking relevant state laws pertaining to termination of the client-practitioner relationship and retention of medical records. Consulting with an attorney about relevant laws and regulations is the best way to avoid costly mistakes. Dissolution of a business, sole proprietorship, or limited liability corporation is subject to state and federal requirements. Your malpractice insurance carriers is another reliable source of information.
Record retenti...
