Physician recapitalization transactions are complex by nature and often present myriad issues. At Foley, in our representation of both investors in, and sellers of, physician practices, we note how often tax issues become...more
With the pace of health care transactions showing no signs of slowing, we, at Foley, regularly counsel both investors and sellers of physician practices.
The typical physician practice transaction involves the sale of...more
As deal lawyers we, at Foley, continue to see high volumes of health care private equity (PE) backed platform transactions. While the number of deals in the space is down, year over year, the industry is still on pace to...more
Physician consolidation continued on a robust pace this past year, despite, or maybe because of, the Pandemic. Physician-owned orthopedic practices appear to be no exception to this trend. Interestingly, orthopedic...more
1/13/2022
/ Ambulatory Surgery Centers ,
Anti-Kickback Statute ,
CARES Act ,
Centers for Medicare & Medicaid Services (CMS) ,
Civil Monetary Penalty ,
Coronavirus/COVID-19 ,
Durable Medical Equipment ,
EBITDA ,
False Claims Act (FCA) ,
Health Care Providers ,
Industry Consolidation ,
Investment ,
Medical Billing Codes ,
Paycheck Protection Program (PPP) ,
Physicians ,
Private Equity ,
Provider Relief Fund ,
Stark Law
With the pace of orthopedic medical practice recapitalizations showing no signs of slowing, it is appropriate to review certain of the most critical legal issues that any buyer considering a transaction must take into...more
1/7/2020
/ Ambulatory Surgery Centers ,
Anti-Kickback Statute ,
Centers for Medicare & Medicaid Services (CMS) ,
Civil Monetary Penalty ,
False Claims Act (FCA) ,
Health Care Providers ,
Hospitals ,
Medicaid ,
Medicare ,
Physicians ,
Recapitalization ,
Risk Management ,
Stark Law ,
Strategic Planning
Transactions for ambulatory surgical centers are on the rise, especially between hospitals and community physicians. Foley & Lardner’s Roger Strode examines reasons for the uptick and says careful structuring of these deals...more
The past several years have seen resurging interest in ambulatory surgery center (ASC) transactions. As previously covered in Health Care Law Today, ASCs have made a comeback with involvement of multi-specialty groups. This...more
Ambulatory surgery center (ASC) development and ownership has made a comeback after a number of years of stagnation due to an oversupply of centers and poor income growth. However, with significant changes in payment...more
3/29/2019
/ Ambulatory Surgery Centers ,
Anti-Kickback Statute ,
Health Care Providers ,
Healthcare Facilities ,
Hospitals ,
Medicare ,
OIG ,
Patient Referrals ,
Physicians ,
Safe Harbors ,
Specialty Healthcare ,
Surgery
We have posted previously in Healthcare Law Today related to physician private equity transactions, commonly called “recapitalizations.” Most of the discussions have been about the “who,” the “why” and the “how” of these...more
As noted in previous Health Care Law Today blog posts, we have seen an uptick in private equity recapitalization transactions in orthopedics. We expect this trend to continue, and to pick up pace, as the economy remains...more
1/8/2019
/ Anti-Kickback Statute ,
Centers for Medicare & Medicaid Services (CMS) ,
Department of Homeland Security (DHS) ,
Health Care Providers ,
Hospitals ,
Joint Venture ,
Physicians ,
Private Equity ,
Private Equity Funds ,
Recapitalization ,
Stark Law
The past decade has seen a tremendous amount of private equity investment in physician practice recapitalizations, primarily in hospital-based practices such as anesthesiology and radiology as well as “retail medicine...more
12/4/2018
/ Ambulatory Surgery Centers ,
Anti-Kickback Statute ,
Centers for Medicare & Medicaid Services (CMS) ,
EBITDA ,
Investors ,
Physician-Owned Hospitals ,
Physicians ,
Private Equity Funds ,
Recapitalization ,
Rollover Equity ,
Stark Law
Those who follow hospital and health system M&A activity know that the market has been “frothy.” We all see the high profile, “sexy” deals that appear in the news headlines but, for every large deal, there are myriad smaller...more
The past decade has seen a tremendous amount of private equity investment in physician practice recapitalizations, primarily in hospital-based practices such as anesthesiology and radiology as well as “retail medicine...more
6/4/2018
/ Acquisitions ,
Ancillary Agreements ,
Anti-Kickback Statute ,
BPCI ,
Centers for Medicare & Medicaid Services (CMS) ,
EBITDA ,
Health Care Providers ,
Hospitals ,
Investment ,
Investors ,
Pharmaceutical Industry ,
Physicians ,
Private Equity ,
Private Equity Funds ,
Stark Law
After a prolonged period of stagnant growth primarily due to a glut of capacity coupled with flat or declining revenue growth, we’re beginning to see a resurgence of Ambulatory Surgery Centers (ASCs). In fact, experts are...more
5/25/2018
/ Ambulatory Surgery Centers ,
Health Care Providers ,
Hospitals ,
Investors ,
Joint Venture ,
OIG ,
Patient Referrals ,
Physician-Owned Distributors ,
Physicians ,
Revenue Growth ,
Safe Harbors ,
Stark Law
A tremendous amount of capital has been, and continues to be, dedicated by private equity sponsors, and private equity backed companies, toward the recapitalization of physician practices...more
From hospital expansions with large insurance deals to physician group consolidation, the continued outlook for health care mergers and acquisitions in 2016 is expected to be rampant. The following six factors will likely be...more