practice area details
Corporate Law Services for Health Care Clients
In today’s competitive environment, providers must position themselves strategically for the long-term. You may be considering affiliations with other providers or the development of diversification strategies in order to capture new revenue sources. The Johnson and Aceto, LLP team will work with you to assess the options best suited to your situation. Our experience will help you develop a strategy for growth. Our services include the following:
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Affiliations. We will help you evaluate, negotiate and draft mergers, affiliations, networks and acquisitions of other health care entities. We can also guide you through a due diligence process.
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Management Agreements. We will prepare management service agreements as a method of lowering overhead or as a precursor (or adjunct strategy) to an affiliation or merger.
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Restructuring for New revenue Opportunities. We will help you develop a plan to restructure you agency, including, e.g.: creation of new entities, systems and spin-offs; formation of independent clinical practices; implementation of telemedicine services to improve efficiency; or development of special programs to serve injured workers or Medicaid populations.
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Managed Care. We will assist you in developing a systematic strategy for contracting with managed care pans on terms that will allow you to be paid adequately and deliver quality care; we will work with you to negotiate and prepare contracts with plans and other payors.
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Transactional Compliance. Your transactions will comply with important federal and state laws such as anti-kickback statutes, stark Law, labor laws, antitrust laws, and OSHA standards.
We have assisted health care providers in corporate/business law matters as follows:
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Established and helped clients organize numerous professional corporations, LLCs and LLPs to minimize liability for malpractice of partners;
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Reviewed over 100 employment and shareholder agreements for individual physicians and physician practices;
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Worked with physician practices to diversify their practices and enhance revenue sources by conducting separate businesses for billing, educational services, research and education institutes, and specialized treatment centers.
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Set up physician practice and management service in a “friendly physician” model
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Advised physician practices regularly in risk management matters such as evaluation of patient competency to make medical decisions and patient record disclosure matters.
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Represented one of the largest multi-specialty faculty group practices in Massachusetts. This practice is affiliated with a major university medical center.
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Worked with physicians in an academic medical center to prevent liability through risk management programs;
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Served on the Claims Committee of a self-insurance malpractice company affiliated with a major medical center
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Served on the Patient Treatment Committee of an academic medical center, drafting clinical policies and advising physicians on medical-ethical problems;
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Worked with a physician to set up a management service for in-office anesthesia procedures.
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Assisted physician practices in acquisition of other practices;
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Assisted physicians in negotiating and executing a withdrawal agreement that protected them from post-departure liability and resulted in a substantial payments as buy-outs.
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