In today's rapidly evolving healthcare market, no medical facility can stand still and thrive. The current trend of consolidating services through the acquisition of practice groups requires advanced analysis and potentially draws capital from other hospital operations. It also requires facility upgrades and expansion. Yet funding acquisitions and capital improvements in dense urban environments is a major challenge, as is managing construction risk. This case study presentation will explore creative funding options and risk management strategy in the following scenario:
Gotham University Hospital seeks to grow by acquiring City Cardiology Group, a group of private physicians. As both an incentive to the prospective group and out of necessity, Gotham must expand and update its cardiology facilities. All this must be done in the context of a changing healthcare market that often limits available capital for acquisition and growth. Our panel will discuss how to evaluate and structure these transactions so that Gotham University Hospital’s goals are accomplished.
Part 1 - Various Physician Alignment Opportunities
Steven Warner, Partner, Katz, Sapper & Miller
Mark N. Bernstein, Partner, Katz, Sapper & Miller
Part 2 - Facilities Expansion
- Leaseback Development: Can partnering with a private developer be an efficient solution?
Thomas A. Neufeld, Shareholder, Anderson Kill
- Structuring development and construction contracts and allocating inherent risks through insurance and otherwise.
Lawrence J. Bartelemucci, Chair of the Real Estate and Construction Practice Group, Anderson Kill
Allen R. Wolff, Shareholder, Anderson Kill
REGISTRATION: 2:30 p.m. - 3:00 p.m.
SEMINAR: 3:00 - 5:00 p.m.
NETWORKING RECEPTION: 5:00 p.m. - 6:00 p.m.
COST: Complimentary with RSVP
NY CLE: 2.0 credits
PA CLE: 2.0 credits
NJ CLE: 2.4 credits presumptively approved