Structuring Private Equity Healthcare Management Service Organizations
Corporate Practice of Medicine and Fee-Splitting, Regulatory Compliance
Recording of a 90-minute CLE video webinar with Q&A
This CLE course will guide counsel involved in structuring private equity management service organizations (MSOs) in the healthcare arena. The panel will discuss the nuts and bolts of structuring the transaction, including solutions to the specific risks presented by the corporate practice of medicine and fee-splitting issues. The panel will address regulatory compliance issues unique to the healthcare industry.
Outline
- Factors when considering MSO investment with healthcare providers
- For private equity firm
- For physician practice
- Structuring healthcare MSOs with private equity
- Corporate practice of medicine
- Fee arrangements
- Regulatory issues
Benefits
The panel will review these and other key issues:
- What factors contribute to private equity firms and physician practices considering and entering into MSO arrangements?
- What are the critical factors for counsel in structuring MSOs?
- What are best practices for counsel to ensure regulatory compliance in a physician practice private equity MSO?
Faculty

Angela Humphreys
Chair, Healthcare Practice Group; Co-Chair, Healthcare Private Equity Team
Bass Berry & Sims
Ms. Humphreys leads the firm’s national healthcare practice. With more than 20 years of experience, she has... | Read More
Ms. Humphreys leads the firm’s national healthcare practice. With more than 20 years of experience, she has counseled national healthcare organizations on hundreds of transactions in the healthcare industry, including hospitals and health systems, health plans, surgery centers, physician practice management companies, laboratories and healthcare information technology companies, among others. She also leads interdisciplinary teams to provide clients with creative solutions to the operational and regulatory issues they face while working within an ever-changing, complex regulatory environment.
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Glenn P. Prives, Esq.
Shareholder
Baker, Donelson, Bearman, Caldwell & Berkowitz
With a reputation for practical, results-driven solutions, Mr. Prives excels at managing high-stakes transactions and... | Read More
With a reputation for practical, results-driven solutions, Mr. Prives excels at managing high-stakes transactions and negotiating complex deals that align with his clients' goals. His extensive experience spans critical areas such as hospital-physician alignment, mergers and acquisitions, private equity transactions, joint ventures, strategic alliances, due diligence reviews, licensure matters, and health care information technology. He is also experienced in healthcare compliance, providing guidance on key regulatory matters, including the Stark Law, the Anti-Kickback Statute, HIPAA, and the corporate practice of medicine doctrine. Mr. Prives serves a diverse healthcare client base, representing both for-profit and not-for-profit health systems, physician groups, academic medical centers, ambulatory surgery centers, home health agencies, laboratories, telemedicine companies, medical billing companies, dental groups, and substance abuse centers. His experience also extends to advising private equity firms, investment funds, family offices, and investors in the health care sector. Beyond healthcare, Mr. Prives brings considerable experience in corporate law, regularly advising on M&As, contractual negotiations, regulatory compliance, and due diligence across various industries.
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Patrick D. Souter
Of Counsel
Gray Reed & McGraw
Mr. Souter is known for his legal and educational experience in the healthcare industry, making him a sought-after... | Read More
Mr. Souter is known for his legal and educational experience in the healthcare industry, making him a sought-after resource for clients and students alike. His primary areas of practice are related to transactional and administrative healthcare, corporate, securities and antitrust matters. Mr. Souter is also a Professor of Healthcare Studies at Baylor University School of Law where he oversees the healthcare law program and teaches Healthcare Law, Healthcare Fraud and Abuse and Regulation of Healthcare Professionals. He is also involved with the Robbins Institute for Health Policy and Leadership at the Baylor University Hankamer School of Business where he teaches Healthcare Law and Ethics in its M.B.A. in Healthcare Administration Program and Executive M.B.A. Program.
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