Course Key Takeaways: 
1. Physicians need a glossary and guide to prepare for the long-lasting; ongoing; and, sometimes, initially imperceptible effects of selling a practice to a private equity or venture capital firm.
2. The physician's duty to provide reasonable and prudent patient care until appropriately ending the patient relationship applies even when leaving or retiring from a group practice.
3. To prevent allegations of medical negligence, physicians should address the ownership, custodianship, and retention responsibilities and costs of medical records before buying, selling, closing, or leaving a practice.