Healthcare Administration Leadership & Management Journal
Closing a Medical Practice: When the Shingle Comes Down
Two unforgettable days for every physician: the first day of practice and the last day. This article dives into the journey and steps to closing or selling a practice.
September/October 2024 Vol. 2, No. 5 pp. 242–245 DOI: 10.55834/halmj.9216197079
Abstract
Two memorable days for every physician are the first day in practice, when you hang out your shingle, and the last day, when you close the practice and the shingle is taken down. These two days are filled with anxiety, tension, and uncertainty. This article discusses the steps involved in dismantling a practice, either by selling the practice or simply closing it.