Closing a Medical Practice: When the Shingle Comes Down

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.

TopicsJudgmentEnvironmental InfluencesGovernance