Issue

One of the country’s largest publicly traded hospital companies requires ongoing skilled legal assistance for its involvement in complicated mergers, acquisitions, divestitures, and joint ventures of hospitals and other non-hospital healthcare facilities.

Challenge

Transactions in the healthcare industry are highly complex, involving structuring and negotiation of joint ventures, negotiation and preparation of contribution and purchase agreements, performance of due diligence and associated licensure, change of ownership, and regulatory filings. Effective counsel requires in-depth understanding of the industry and the internal workings of the company in addition to the legal skills and experience to handle the specific transactions.

Solution

Bradley’s Healthcare Practice Group handled the M&A matters for this client last year including the purchase of seven hospitals in Oklahoma, Louisiana and Michigan, and the sale of nine hospitals and related outpatient entities in Alabama, Arizona, Arkansas, Florida, South Carolina and Texas. The practice group also represented the client in multiple acquisitions of non-hospital assets, including physician practices, ambulatory surgery centers, imaging centers, cancer care centers, dialysis centers, and home health and hospice providers throughout the United States. The practice group’s sophisticated understanding of the company’s business practices and goals allows Bradley to be an essential partner in the ongoing growth of the client.