Merger and Clinical ...

Merger and Clinical Co-Management Agreement

February 24, 2014 | by Butler Snow

Members of Butler Snow’s Healthcare Regulatory and Transactions and Business Services Groups recently represented a national, for-profit health care company in the merger of one of its acute care, joint-ventured hospitals with an ambulatory surgery center, which was converted into a provider-based outpatient surgery department of the hospital. In connection with the merger, the hospital and a newly-formed management company, primarily owned by former physician investors in the ambulatory surgery center, entered into a Clinical Co-Management Agreement to administer and govern the provision of outpatient surgery at the facility, including incentive-based payment for compliance with quality metrics. Members of the Butler Snow team included Scott B. Shanker, Wes Scott, Al Bright, Geoffrey M. HirschPaula Proctor Daniel and Atara Balanson.