Medicine: Checklist for closing a medical practice

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 practice

Report type:

Report without materials

Execution frequency:

Daily

A task:

Start referring patients to a new doctor and stop taking new patients or appointments.

Report type:

Report without materials

Execution frequency:

Daily

A 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:

Report without materials

Execution frequency:

Daily

A task:

Review insurance policies and update or cancel them if necessary. This includes responsibility, health, life, disability, workers' compensation, etc.

Report type:

Report without materials

Execution frequency:

Daily

A task:

Purchase extended tail cover liability insurance that protects you from claims made after your insurance coverage expires.

Report type:

Report without materials

Execution frequency:

Daily

A 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:

Report without materials

Execution frequency:

Daily

A task:

If you are renting your building, give the property owner the necessary notice that you will be vacating.

Report type:

Report without materials

Execution frequency:

Daily

Checklist for closing a medical practice

Checklist for closing a medical practice

Items