Overview
With a diverse transaction practice focused on hospitals, health systems, investors and other healthcare industry participants throughout the country, Kerrin B. Slattery has earned a reputation for excellence. Her significant experience across a wide range of health industry transactions, including mergers, acquisitions, affiliations, joint ventures and system restructurings involving nonprofit hospitals and health systems, academic medical centers, post-acute providers, large medical groups and their investors, makes her a valuable partner to healthcare leaders working to implement strategy, drive innovation and operate in a highly-regulated and rapidly evolving landscape.
Kerrin manages large-scale transactions, frequently leading teams of experienced practitioners with unique health industry knowledge, such as antitrust, employee benefits, environmental, executive compensation, privacy and security, digital health, real estate, fraud and abuse, and white collar. In addition, Kerrin regularly instructs clients on corporate and regulatory compliance matters, including state and federal regulations uniquely applicable to healthcare entities. She also works with numerous Catholic healthcare organizations and non-Catholic organizations in the unique structuring and operation issues related to the intersection of corporate and Canon laws governing Catholic sponsored entities.
Kerrin is also a respected member of the leadership team at McDermott. She currently serves on the management committee and previously held the role of partner-in-charge of the Firm’s Chicago Health Industry Advisory Group. Kerrin was also an adjunct professor of law at Loyola University Chicago School of Law. Kerrin is a practice area leader for the hospitals and health systems practice.
Results
- Served as counsel to a public hospital in its sale to a large, nonprofit health system
- Served as counsel to a large academic medical center in the Northeastern United States in connection with multiple strategic hospital and physician practice acquisitions
- Served as counsel to a health system in the Northeastern United States in connection with its affiliation with a larger, regional health system, securing critical post-closing commitments from the new system
- Served as transaction counsel to two large health systems through the creation of a super parent, resulting in a healthcare system with more than $3 billion in revenue, 13 hospitals, dozens of ancillary healthcare businesses and more than 20,000 employees
- Served as lead counsel to a Midwestern academic medical center in its acquisition of a general acute care hospital, including its commitment to develop and construct a replacement hospital
- Advised a publicly traded physician practice management company in connection with various joint ventures with hospital, academic medical center and other partners
- Served as lead counsel for a long-term acute care hospital in its acquisition of another acute care hospital and related partnership restructuring
- Guided a large health system in restructuring multiple, complex physician arrangements to better achieve goals of the system and physician parties
- Represented a nonprofit hospital in connection with a physician integration transaction, through which the regional health system simultaneously acquired the assets of multiple physician groups and several ancillary businesses, and employed physicians in a newly formed nonprofit, tax-exempt affiliate
- Served as lead counsel for a large, nonprofit health system in the divestiture of two hospitals and related outpatient serves to affiliates of a hospital company based in Nashville
- Represented a nonprofit health system in a whole-hospital joint venture with a large, publicly traded hospital company
- Served as lead counsel to several prominent nonprofit health systems in successfully structuring equity-model joint ventures with physician investors for various clinical services
Recognitions
- Chambers USA, 2008-2023
- Thomson Reuters, Stand-out Lawyer – independently rated lawyers, 2023-2024
- The Best Lawyers in America, Healthcare Law, Chicago, 2012-2019 and 2022-2024
- Crain’s Chicago Business, Notable Gen X Leader in Law, 2022
- Top 50: Women Illinois Super Lawyers, 2021
- Illinois Super Lawyers, 2014 to 2021
- Who’s Who Legal: Healthcare 2021
- The Legal 500 United States, Leading Lawyer, 2015 to 2020
- The Legal 500 United States, Hall of Fame
- The Best Lawyers in America, Best Lawyers, Lawyer of the Year, Health Care Law, 2017
- Ambulatory M&A Advisor, Top Healthcare Transactional Lawyer, Leading Lawyer, 2016 to 2017
- Ambulatory M&A Advisor, Top Healthcare Transactional Lawyer, Leading Lawyer, 2014
Community
- American Heart Association, Metro Chicago Board of Directors, 2016 to 2019
- American Heart Association, Executive Leadership Team, Go Red for Women, 2015 to 2020
- Illinois Association of Healthcare Attorneys, president, 2013
- Illinois Association of Healthcare Attorneys, director, 2009 to 2014
- American Health Lawyers Association
- Facilitator, Nonprofit Hospitals and Health System GC Roundtable for The Healthcare Roundtable
Credentials
Education
Loyola University of Chicago School of Law, JD, 1996
Loyola University of Chicago Quinlan Graduate School of Business, MBA, 1996
University of San Diego, BSBA, 1991
Admissions
Illinois
