Healthcare Merger & Acquisition Transactions in Illinois
The healthcare industry is ever changing. In the last decade, the number of solo and small physician practices has declined. This decline is due to a number of factors including a trend of younger physicians preferring to join larger practices upon completion of their education and training for greater work-life balance and a predictable income stream. Solo and small practices feeling pressure to grow in order to compete with other providers in their area and to obtain greater negotiating power with insurers.
The growing administrative burdens created by the government and insurance industry are often difficult for solo and small physician groups to manage or implement. In addition, the level of care coordination demanded in today’s healthcare industry often requires a higher level of organization and more personnel than a solo or small physician practice can afford. This has led to solo and small physician practices merging, selling to larger physician practices, hospitals and healthcare systems buying up solo and small physician practices, and an increase in affiliation and joint venture arrangements designed to combine resources, expertise and to save money.
The attorneys at Goldberg Law Group counsel and represent Illinois physicians in a variety of transactional matters, including affiliations, joint ventures, mergers and acquisitions of solo and small physician practices. We strive to balance business and legal issues, while structuring transactions to comply with state and federal licensing and certification requirements, corporate practice of medicine restrictions, Anti-Kickback and Stark laws, and Illinois state law prohibitions against self-referral. Our experienced attorneys rely upon over 40 years of experience to provide forward-thinking and practical solutions in contract negotiations and structuring healthcare transactions.
For more information about Goldberg Law Group’s healthcare transaction legal services, contact Jenna E. Milaeger at 312-930-5600 for a free initial consultation.
16427 N. Scottsdale Road -
Scottsdale, AZ 85254
14300 N. Northsight Boulevard - Suite 205
Scottsdale, AZ 85260
Practice Areas in Illinois
Medicare & Medicaid Audits
In the current regulatory environment, healthcare providers face increasing scrutiny from government healthcare programs. Goldberg Law Group provides strategic legal representation in all types of Medicare and Medicaid audits and claim reviews.
Third Party Payer Audits
Third party payer audits present a significant financial risk for physicians, industry service providers, and medical groups. Our attorneys have years of experience representing physicians and other providers in in audits and claim reviews initiated by commercial payers.
Whether you are seeking visitation, custody, divorce, maintenance out of state removal or all of the above, the attorneys at Goldberg Law Group can help with aggressive, effective and cost efficient legal representation.
Medical Cannabis Law
Drawing upon 40 years of experience in the healthcare field, Goldberg Law Group is uniquely positioned to provide legal advice and representation to the medical cannabis industry, including healthcare providers, dispensaries and cultivation centers.
Our attorneys are vigorous advocates for physicians in medical staff hearings and appeals. We work hard to protect and preserve the rights of Illinois and Arizona physicians under the medical staff bylaws and state and federal laws and defend adverse actions that threaten your membership and privileges.
Medical Staff Credentialing & Peer Review
Our healthcare attorneys routinely counsel and advise physicians with issues related to medical staff credentialing and peer review. We identify and safeguard your rights under the medical staff bylaws and applicable laws and make sure your status is presented in the most favorable light.
Healthcare Merger & Acquisition Transactions
Goldberg Law Group’s attorneys guide clients through the complex legal and regulatory issues in merger, acquisition, sales, and affiliation transactions involving physician groups, medical practices, and healthcare industry service providers.
Corporate Formation & Organization
Healthcare providers who are interested in forming and organizing their own business must adhere to a unique set of laws and regulations. Our attorneys rely upon industry-specific knowledge gained through 40 years of experience to advise physicians, chiropractors and other healthcare service providers through the process of forming and organizing their own business.
Corporate Disputes, Licensing & Litigation
The lawyers at Goldberg Law Group provide legal advice and representation in business-to-business disputes and in conflicts that arise amongst individual stakeholders.