The health care industry is experiencing a wave of integration, which has increased the number and the nature of health care transactions. Much of this integration is driven by changes within the health care payment regime. Medicare, Medicaid, and private payors intend to pay providers more and more for value (i.e., quality and efficiency) and less for volume alone.
To thrive in this new environment, health care providers and suppliers are aligning with one another to further reduce costs and improve coordination of care. The current wave of integration occurs across a spectrum—from simple employment agreements to complicated contractual joint ventures with carefully constructed exit strategies.
Mergers, asset purchases, and practice divestitures are commonplace health care transactions that must be executed carefully to ensure absolute compliance. Several State and Federal laws require effective fulfillment, including State and Federal laws like Stark and other self-referral laws, anti-kickback laws, HIPAA and other state privacy laws, anti-trust principles and tax-exempt considerations, etc. Because of the unique requirements imposed upon health care transactions, a qualified and experienced health care attorney must play a pivotal role in any such matter.
Engaging in a health care transaction without an effective, industry-respected attorney is unwise and downright dangerous. The attorneys at The Health Law Partners, P.C., have extensive experience structuring and facilitating health care transactions to accomplish our clients’ business objectives while simultaneously ensuring compliance with law. With health care transactions, we are an invaluable resource to have on your side.