Developing Stark Compliant Physician Practice Acquisitions

Duration: 60 Minutes
Instructor: Joseph Wolfe
Webinar Id: 802175


One Attendee
Unlimited Attendees ?


Several of the recent Stark Law cases and settlements have highlighted the risks of acquiring physician practices.

In this webinar, Mr. Wolfe will discuss why these contracts must satisfy a Stark Law exception, and why compensation paid under the acquisition and in the post-transaction services arrangement must both be at fair market value and on terms that are commercial reasonable.

He will also discuss key features of effective and defensible contracts. The webinar will include practical strategies that health care executives can use to enhance the defensibility of these arrangements, including potential features of an organizational policy.

Why should you Attend: In recent years, the health care industry has seen unprecedented consolidation. Many health care organizations are still buying up physician practices, and then employing the physician post-acquisition.

It's critical for health care leaders to understand the rules surrounding these practice acquisitions so they can spot and address issues to help mitigate risk. Many health care organizations are developing policies that outline the structures, rates of compensation and documentation that are required when entering into physician practice acquisitions.

Areas Covered in the Session:

  • Provide a General Regulatory 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
  • Review Features of an Organizational Policy Focused on Acquiring Physician Practices

Who Will Benefit:
  • In-House Counsel
  • Health Care Compliance Officers
  • Health Care Human Resources
  • Health Care CFOs
  • Health Care Executives

Speaker Profile
Joseph Wolfe is an attorney with Hall, Render, Killian, Heath & Lyman, P.C., the largest health care focused law firm in the country. Mr. Wolfe provides advice and counsel to some of the nation's largest health systems, hospitals and medical groups on a variety of health care issues. He regularly counsels clients on a national basis regarding compliance-focused physician compensation and alignment strategies. He is a frequent speaker on issues related to the physician self-referral statute (Stark Law), hospital-physician transactions, physician compensation governance and health care valuation issues. Before attending law school at the University of Wisconsin, he served as a combat engineer in the United States Army.

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