Author Topic: Medical Practice Closing  (Read 1584 times)

Christy

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Medical Practice Closing
« on: October 14, 2014, 11:11:03 AM »
Hi all,

I bill for a small group of 2 (husband and wife.) They are retiring in a few months. Other than notifying insurance companies and patients and bringing all open accounts to a zero balance, is there anything else that needs to be done?

thanks!

Billing2

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Re: Medical Practice Closing
« Reply #1 on: October 14, 2014, 11:33:14 AM »
Make sure you have a list of all patients last date seen. Where are the medical records going and if someone needs a copy of there records who do they contact?
When I closed a practice that is the one thing I was told to make sure I had written up and let the patients know who to contact for copies.

Christy

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Re: Medical Practice Closing
« Reply #2 on: October 14, 2014, 11:39:39 AM »
good one!  thanks, Billing2!

Merry

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Re: Medical Practice Closing
« Reply #3 on: October 14, 2014, 03:04:30 PM »
Patients should get a letter ASAP notifying them of this change.
And as I have just learned from another board member, make sure it is noted that any refills they have left will not be able to be filled once the practice closes as most practitioners will cancel their DEA license, malpractice etc. 

PMRNC

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Re: Medical Practice Closing
« Reply #4 on: October 15, 2014, 04:59:39 PM »
Quote
And as I have just learned from another board member, make sure it is noted that any refills they have left will not be able to be filled once the practice closes as most practitioners will cancel their DEA license, malpractice etc. 

That would be me.. LOL   Just found that out.
Linda Walker
Practice Managers Resource & Networking Community
One Stop Resources, Education and Networking for Medical Billers
www.billerswebsite.com

Christy

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Re: Medical Practice Closing
« Reply #5 on: October 17, 2014, 01:10:38 PM »
thanks, Merry! It's for chiros, so no rx, etc....but this info is SO useful in general!!!

PMRNC

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Re: Medical Practice Closing
« Reply #6 on: October 18, 2014, 04:46:25 PM »
Do not try to do anything else than the billing and it's STRONGLY advised that the clients have legal advice as well as consulting with their malpractice insurance to make sure they have adhered to all exiting rules/laws.
Linda Walker
Practice Managers Resource & Networking Community
One Stop Resources, Education and Networking for Medical Billers
www.billerswebsite.com