Structuring Physician Practice Acquisitions: Key Stark Law Considerations
Instructor : Joseph Wolfe
Dec 05, 2017 1:00 PM ET | 12:00 PM CT | 10:00 AM PT | 60 Minutes
In recent years, the health care industry has seen unprecedented consolidation. Many health care organizations are acquiring physician practices, and then employing or contracting for the professional physician services post-acquisition. Pursuing these transactions in a compliance-focused manner is critical in today’s challenging enforcement climate.
In this session Mr. Wolfe will provide an overview of the Stark Law, including its 2016 changes. He will also discuss best practices for negotiating and drafting physician practice acquisition arrangements on behalf of health systems, hospitals, medical groups and physician practices.
The webinar will focus on regulatory requirements, key provisions, valuation considerations and potential pitfalls that should be avoided.
Why Should You Attend:
As health care organizations and physician practices pursue acquisition strategies and transition to more innovative post-transaction models, they must manage their compliance and enterprise risk by ensuring any new arrangements are defensible under the Stark Law.
Prior to moving forward with any arrangement, they should carefully evaluate whether the proposed structure and financial terms support compliance with Stark’s technical requirements and key tenets of defensibility so they will be prepared to mount a defense in the event the arrangement is ever challenged.
This webinar will focus on the Stark Law's underlying technical requirements and key tenets of defensibility as they apply to physician practice acquisitions.
Area Covered in this Session:
- Provide a general Stark Law overview
- Examine critical regulatory requirements related to physician practice acquisitions
- Discuss best practices for drafting purchase agreements and the related financial terms
- Discuss best practice for drafting post transactions service arrangements (e.g., employment, professional services, etc.) and the related financial terms
- Review processes for documenting fair market value and commercial reasonableness.
Who will benefit:
- In-House Counsel
- Health Care Compliance Officers
- Health Care Human Resources
- Health Care CFOs
- Health Care executives