Kegler Brown’s healthcare team provides comprehensive transactional support in corporate acquisitions whenever the acquired entity is a health care provider. The purchase and sale of health care businesses present unique challenges, including sensitive issues involved with licensing, the transfer of provider contracts, and the assignment of Medicare/Medicaid provider numbers, as well as Stark and anti-kickback issues.
- Document drafting and review: drafting operating, employment, management and asset transfer agreements; management and execution of any documents related to the acquisition or merger of healthcare entities
- Due diligence: assisting our M+A attorneys with compliance reviews by an acquisition target
- Regulatory review: reviewing licenses and pending regulatory matters of the acquisition target; analyzing licensing, accrediting and credentialing issues for a surviving entity
- Payor contracts: reviewing the payor contracts held by the acquisition target; developing plans to transfer the contracts to the surviving entity
In the course of health care-related deals, our clients most often include sophisticated medical practices, medical service management companies, home health agencies, ambulatory surgical centers, and other critical service providers. Our recent work is highlighted by our representation of a large ancillary care provider in several joint-venture arrangements with multiple hospital systems.