“Guidelines for Closing a Medical Practice,” Physician Connection

Isaac Wiles Partner, Patrick Pickett, along with M. Veronica Brattstrom, M.S., CHTS-PW, CHP and Paul-Michael La Fayette, recently published an article in Professional Solutions Insurance Company’s publication, Physician Connection. The topic of the article was on the intricacies of closing a medical practice, detailing everything from advising patients and regulatory agencies to dissolving the entity and maintaining records.

“Closing a medical practice can be stressful for staff, physicians and patients. Whether you plan to leave the area, practice with another group or retire, considering patient needs when closing a medical practice is paramount to make this transition successful.

The bottom line is: don’t be rushed. Planning ahead is key to successfully closing a medical practice.”

Click here to view the full article.

Patrick Pickett is a partner and member of the real estate industry at Isaac Wiles. He concentrates his practice on corporate, business and real estate matters. Pat serves as counsel to medium and small corporations, limited liability companies and other business organizations in a variety of industries including medical and dental practices. One of his strengths is structuring and negotiating business transactions, including the formation, sale, and acquisition of companies, as well as various real estate transactions.