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  1. For the purpose of this standard, closing or leaving a practice is defined as: discontinuing the practice of medicine completely with no intention of returning; a leave of absence for more than twelve (12) months during which time there is no establishment of any medical practice in the province of Alberta; a significant change in the regulated ...

  2. Closing a practice and starting life after medicine. The task of either dissolving or converting a medical professional corporation marks a milestone in a physician’s transition to retirement. * can help you weigh your options. Careful financial planning can have you ready to swing open the door to retirement with confidence when you decide ...

  3. Unless a registrant leaves a medical practice due to illness or other urgent circumstances, at least 90 days' notice must be provided. Otherwise, notice must be provided as soon as possible. For more guidance on communications and notice for retirement, click here. Individual notice to patients with appointments booked

  4. Dec 23, 2020 · The OMA understands that the process of retirement is a significant transition in a physician’s career and life, and can impact their loved ones as well. The OMA’s Physician Health Program (PHP) is a service that is ready to support or assist in these circumstances. Please call the PHP confidential line at 1-800-851-6606 or email php@oma.org.

  5. Refer to your regulatory authority’s (College’s) policies and standards on responsibilities when closing or leaving a practice. 1. When planning to leave your practice, make reasonable efforts to ensure all work in progress will be completed, reviewed, and appropriately acted on. Pay special care to the transfer of vulnerable patients, such ...

  6. Nov 30, 2020 · The obvious answer is “no.”. Why bother with the expense and hassle of maintaining one or more medical licenses if you are retired? Many state license renewals require mind-numbing paperwork, a hefty fee, and 20 hours or more of continuing medical education (CME) per year.

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  8. Aug 26, 2020 · Here are some things to consider before you hang up your stethoscope for good: 1. Contact Your Medical Body. While there is no mandatory retirement age for physicians in Canada, doctors who are discontinuing practice will need to let their governing medical body know so they can be placed in a retired physicians directory or retired doctors list.

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