Client Services / Health / Health Ventures/Physician Transactions

Health Ventures/Physician Transactions

Our Health Ventures/Physician Transactions Group is a multi-disciplinary legal team with a focus on health-related business transactions such as assisting to structure and finance ambulatory surgery centers and other ancillary service providers, assisting hospitals and physicians in joint business transactions and serving the developing needs of health technology companies.  Consulting clients on both a U.S. national and a regional basis, our lawyers have a deep understanding of the complex business realities in which our clients operate and are able to provide value through our quick response time, creative solutions and thorough analysis of an array of regulatory issues that confront health business activities. 


REPRESENTATIVE TRANSACTIONS & EXPERIENCE

ASCs & Other Ancillary Service Providers
Our experience in health care transactional and regulatory work has enabled us to tailor creative strategies for clients who seek to develop and operate ancillary service providers, including ambulatory surgery centers (ASCs), cardiac cath labs, and facilities providing Positive Emission Tomography (PET), Electron Beam Tomography (EBT), advanced forms of MRI, next-generation Computerized Tomography (CT) or radiation oncology.  We have assisted numerous ancillary service provider clients in navigating the shoals of state and federal fraud and abuse laws, nonprofit/for-profit joint venture requirements, for-profit syndication issues, state licensing requirements, federal reimbursement concerns and other issues that arise in structuring and operating ancillary service providers.

Hospital/Physician Joint Ventures
We have represented hospitals engaged in joint-venture ASCs and other ancillary services projects with physicians, including joint ventures in which the hospital maintained a majority ownership interest in the ASC and in which a majority of the ownership interests were sold to physicians and physician groups.  Our Group has assisted hospital clients in all aspects of such transactions, from initial structuring work through closing.

All-Physician Joint Ventures
Our Group has served as “deal” or transaction counsel to assist physician promoters in developing all-physician ventures for the ownership and operation of ASCs and other ancillary service providers.

Hospital/Physician Deal Best Practices
Based on years of experience representing hospitals and physician management companies around the United States in practice acquisition, sale and assistance transactions, our Group maintains current template documents for such transactions, representing national “best practices” in this heavily-regulated area.  These documents, which include policies as well as individual agreement forms, are regularly updated to address current regulatory concerns and are designed to be tailored to meet the specific needs of individual clients.

Physician Practice Management (PPM) Companies
We have worked with numerous PPM companies in all phases of the business cycle – from initial organization and practice acquisition, private securities offerings, initial private offerings, restructuring and practice/business line sales, and dissolution.  Our lawyers’ experience in this area covers the full spectrum, providing invaluable insights for clients seeking to engage in any aspect of physician practice management.

E-Health & Health Technology Companies
Our lawyers have assisted many e-health and other health technology companies as they develop and grow their businesses.  Our services for health technology business clients have included initial incorporation and structuring, advising on securities law issues raised by private and public financings, drafting form contracts, analyzing multiple regulatory issues, devising acceptable business structures to address regulatory concerns, giving advice on intellectual property and intellectual technology issues, and general business representation.

Contacts

Health Client Services

McDermott Will & Emery

McDermott Will and Emery