Closing A Medical Practice Upon Retirement
When physicians decide to close their medical practice, whether due to retirement, change in practice, or a career change, several questions come up. Common issues include how to smoothly transition patients to another provider, who to notify, and what should be done with medical records. This article will address some of those questions. Attorney Consultation Physicians who plan to retire and sell their medical practice should consider consulting with an attorney who specializes in business and/or healthcare law for advice on signing sales contracts, determining appropriate compensation, selling office equipment, etc. Among other things, the attorney may advise that...
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