Checklist for closing a medical practice
Checklist for closing a medical practice
Checklist for closing a medical practice
Items
A task:
Inform your employees, patients, professional associations, the Drug Enforcement Agency (DEA), Health Insurance Companies, hospitals, other doctors, your suppliers and utility companies that you are closing your practiceReport type:
Report without materialsExecution frequency:
DailyA task:
Start referring patients to a new doctor and stop taking new patients or appointments.Report type:
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DailyA task:
Process your receivables to collect all the cash owed to you. It might be wise to hire a collection agency to reconcile these overdue invoices.Report type:
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DailyA task:
Review insurance policies and update or cancel them if necessary. This includes responsibility, health, life, disability, workers' compensation, etc.Report type:
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DailyA task:
Purchase extended tail cover liability insurance that protects you from claims made after your insurance coverage expires.Report type:
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DailyA task:
Set up a phone line or answering machine for direct calls, or prepare a message for office phone calls after the closing date.Report type:
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DailyA task:
If you are renting your building, give the property owner the necessary notice that you will be vacating.Report type:
Report without materialsExecution frequency:
Daily
