Interested in training for your team? Click here to learn more

Ambulatory Surgery Center Acquisitions: Minimizing Compliance Risks

Meeting Regulatory Requirements and Avoiding Due Diligence Pitfalls

Recording of a 90-minute CLE video webinar with Q&A

This program is included with the Strafford CLE Pass. Click for more information.
This program is included with the Strafford All-Access Pass. Click for more information.

Conducted on Wednesday, November 30, 2022

Recorded event now available

or call 1-800-926-7926

This CLE course will provide healthcare counsel with a review of the critical regulatory issues in acquiring ambulatory surgery centers (ASCs). The panel will offer guidance on structuring the arrangements and conducting due diligence.

Description

The healthcare industry has seen a resurgence of ASC acquisitions. Buyers can take steps to mitigate the risk associated with acquiring an ASC. Counsel to hospitals and healthcare systems involved in an acquisition should conduct a thorough due diligence review, including examining payments to physicians, reviewing fraud and abuse regulatory compliance, and auditing coding and billing.

Listen as our authoritative panel examines the regulatory issues facing those involved in acquisitions of ASCs and offers best practices for due diligence and addressing issues in operating/management agreements.

READ MORE

Outline

  1. The transaction process nondisclosure/confidentiality agreement
    1. Negotiation of NDA
    2. Letter of intent/term sheet
    3. Definitive documents
    4. Closing
  2. Due diligence
    1. Compliance with applicable healthcare statutes and regulations
    2. Billing and coding audit and review
    3. Compliance with conditions of participation
    4. Licensure, CON, and accreditation
    5. Past or pending claims
    6. Antitrust considerations
    7. Other
  3. Deal structure
    1. Acquisition of all or substantially all of the assets of ASC
    2. Acquisition of ownership interests in existing ASC
      1. Stark Law "isolated transactions" exception
      2. Anti-Kickback Statute
      3. Post-closing arrangements
  4. Best practices

Benefits

The panel will review these and other key issues:

  • What are the critical legal concerns for hospitals and physicians considering acquisition or investment in an ASC?
  • What compliance risks related to the use of the ASC by the physician owners are faced by the ASC?
  • What are best practices for counsel in the due diligence process?

Faculty

Connors, James
James Connors, III, MBA, ASA, CFA

Principal
Pinnacle Healthcare Consulting

Mr. Connors' professional focus has been geared toward providing business and securities valuation services to...  |  Read More

Lawley, LauraLee
LauraLee R. Lawley

Partner
McGuireWoods

Ms. Lawley focuses her practice on the healthcare industry, representing healthcare providers in mergers, acquisitions,...  |  Read More

Access Anytime, Anywhere

Strafford will process CLE credit for one person on each recording. All formats include course handouts.

To find out which recorded format will provide the best CLE option, select your state:

CLE On-Demand Video

Download