How long must business records be maintained?

The correct duration for maintaining business records in the context of chiropractic practice in Massachusetts is a minimum of seven years. This requirement aligns with various regulations, including those set forth by the Board of Registration of Chiropractors and relevant professional standards. The seven-year timeframe is significant because it helps ensure that a comprehensive record of patient care, diagnoses, treatments, and any financial transactions are available for review if needed, whether for legal, professional, or insurance reasons.

Maintaining records for this length of time aids in protecting both the practitioner and the patient, as it provides a thorough history should any disputes arise regarding treatment or billing. Adhering to this retention period also complies with best practices in healthcare, as various studies indicate that many claims or legal issues can arise years after treatment is provided. Therefore, by keeping records for at least seven years, chiropractors can demonstrate accountability and due diligence in their practice.