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Planning to Close Your Medical Practice?
Posted on: 9/26/2017

The selling or closing of a medical practice can be overwhelming! That’s why ISMS developed A Physician's Guide for Departing or Closing a Medical Practice, a medical legal guideline designed to assist physicians with this transition.

The guideline covers steps for selling your medical practice or dissolving a medical corporation, and answers questions about what to do with medical records, medications, supplies, books and prescription pads. The resource also includes sample documents such as a patient notification letter and a form to authorize sharing medical records with other health professionals.

Please note that the ISMS cannot provide legal advice, and private legal matters should be referred to your practice attorney. If you have questions, please contact the ISMS Legal Department at 800-782-4767 or send an email.

This ISMS medical legal resource is a member provided benefit and is password protected.

If you need to request a username and password, contact online support at 888-476-7776 or onlinehelp@isms.org between 8:30 a.m. and 4:45 p.m. After-hours requests are answered promptly the next business day. You may also register online or retrieve your username or password.

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