Closing A Medical Practice

OVERVIEW This healthcare compliance workshop will discuss the ethical and legal tasks to close a practice. There are many tasks that must be accomplished and having an organized plan is essential. WHY SHOULD YOU ATTEND Closing a practice involves tasks to accomplish to avoid liability such as abandonment, DEA medication issues, managed care contract legal requirements and staff benefits payouts. Closing A Medical Practice AREAS COVERED Why you should try to sell or transition your practice Notification letter to patients to avoid abandonment/combine with transition letter Staff termination or retention to help close the practice? Notification requirements of payors Selling your medical equipment or furniture or donation? Notification of vendors and banks Checklist of tasks for closing a practice LEARNING OBJECTIVES Legal and ethical duties to patients when retiring Requirements for disposal of controlled substances and the D...