Even after you finally close a health care acquisition, you need to understand the potential for post-closing liability. Once everything seems “done,” you need to consider ongoing regulatory and financial obligations. Buyers and sellers continue to remain obligated after the close of the transaction, and many deals may create ongoing relationships. Knowing how post-closing liability…
Healthcare consolidation continues to increase, in New York and elsewhere. Physicians continue to join larger equity groups. Those that enter these groups may face standardized employment contracts, compensation models linked to productivity or performance, and centralized decision-making. It may attempt to reduce your influence over staffing and clinical resources. However, New York’s strict CPOM laws…
New York strictly enforces fee-splitting restrictions and corporate practice of medicine (CPOM) laws. Healthcare investment deals cannot permit fee-splitting for medical fees, referrals, and patient-volume based compensation, among other restrictions. Structuring your deals correctly avoids common problems, fines, and penalties associated with non-compliance, and protects your investments. The attorneys at Daniels, Porco & Lusardi, LLP…
New York and many other states continue to strengthen their corporate practice of medicine (CPOM) laws. This creates unique challenges for private equity companies working with physician practices. While many states permit private equity firms to have an owning or controlling interest in medical practices, New York’s laws are more complicated. Investors must carefully design…
Private equity continues to be more a part of the healthcare landscape. The data held by PE-backed medical practices is highly valuable due to its scope, sensitivity, and regulatory implications. Privacy issues and ownership disputes can complicate transactions if handled improperly. PE-backed entities often face difficult questions about who controls and owns the data, but…
Even after you finally close a health care acquisition, you need to understand the potential for post-closing liability. Once everything seems “done,” you need to consider ongoing regulatory and financial obligations. Buyers and sellers continue to remain obligated after the close of the transaction, and many deals may create ongoing relationships. Knowing how post-closing liability…
New York’s Hudson Valley, like the rest of the state and country, has seen the effects of private equity in healthcare. PE continues to reshape how things work, how they are managed, and laws that work to regulate these transactional relationships. Investors are getting involved in medical practices and healthcare technology firms, changing longstanding traditions…
For physician practices, integrating non-medical services like nutrition counseling, wellness programs, or aesthetic treatments can improve revenue and patient experience, but also come with associated legal challenges. New York has some of the strictest Corporate Practice of Medicine (CPOM) laws in the United States, so it is important to know what you can and cannot…
As a doctor, when you leave your current practice, you may have questions about when you are allowed to compete somewhere else. What restrictions or non-compete agreements must you follow, and are they actually enforceable? Every situation is different. The healthcare transaction attorneys at Daniels, Porco & Lusardi, LLP are here to consult with you….
Artificial intelligence (AI) seems to be infiltrating every area of our lives, and healthcare compliance is no exception. As new technologies emerge to help with billing, documentation automation, and more, healthcare entities must stay abreast not only of the opportunities presented by AI, but also the potential legal challenges. The healthcare transaction attorneys at Daniels,…