If you are a private equity (PE) firm that invests in physician practice management companies, it is a common question: What constitutes control, and how much is too much? This is a question that commonly has been asked under...more
After steadying during Q2, it appears the overall volume of deals in the healthcare industry declined in Q3 compared with Q2, and year-to-date 2023 is still down from last year. A slumping economy has no doubt played a large...more
11/10/2023
/ Acquisitions ,
Ambulatory Surgery Centers ,
Digital Health ,
Health Care Providers ,
Health Information Technologies ,
Healthcare ,
Healthcare Facilities ,
Healthcare Reform ,
Home Health Care ,
Hospice ,
Hospitals ,
Legislative Agendas ,
Life Sciences ,
Managed Care Contracts ,
Mental Health ,
Mergers ,
Pharmaceutical Industry ,
Pharmacy Benefit Manager (PBM) ,
Physicians ,
Popular ,
Private Equity ,
Proposed Legislation ,
Regulatory Requirements ,
Sellers ,
Technology Sector ,
Telehealth
The healthcare M&A market appears to be steadying. Although deal activity through the year appears slightly below the high-water marks for the corresponding period of 2022, deal activity is generally up from the first quarter...more
7/28/2023
/ Acquisitions ,
Ambulatory Surgery Centers ,
Capital Markets ,
Digital Health ,
Domestic Dealmaking ,
Health Information Technologies ,
Healthcare ,
Home Health Care ,
Hospice ,
Hospitals ,
Investment ,
Investors ,
Life Sciences ,
Managed Care Contracts ,
Mergers ,
Pharmaceutical Industry ,
Physicians ,
Popular ,
Private Equity
Physician practice management (PPM) platforms have been a staple for over a decade in their current form and are considered a mainstay of private equity’s investment in healthcare. PPMs have a number of unique transaction...more
4/13/2023
/ Buyers ,
Comment Period ,
Employee Retention ,
Federal Trade Commission (FTC) ,
Health Care Providers ,
Healthcare ,
Investment ,
Investors ,
Non-Compete Agreements ,
Physicians ,
Private Equity ,
Sellers
As we kick off 2023, we are optimistic that the healthcare private equity (PE) market will be resilient despite various headwinds. As you think ahead, please consider the issues and trends summarized below that may be helpful...more
1/9/2023
/ Capital Markets ,
Cyber Attacks ,
Cybersecurity ,
Debt Market ,
Earn-Outs ,
Employee Retention ,
Environmental Social & Governance (ESG) ,
Health Care Providers ,
Healthcare ,
Healthcare Fraud ,
Investment ,
Investors ,
Minority Equity Investments ,
New Legislation ,
New Rules ,
Non-Compete Agreements ,
Physicians ,
Private Equity ,
Proposed Regulation ,
Ransomware ,
Rollover Equity ,
Section 220 Request
Although healthcare M&A activity in Q3 declined slightly from the previous quarter, analysts believe the activity level declined much less than expected given the numerous headwinds—inflation, rising interest rates, labor...more
11/22/2022
/ Acquisitions ,
Ambulatory Surgery Centers ,
Dental Practice ,
Digital Health ,
Health Information Technologies ,
Home Health Care ,
Hospice ,
Hospitals ,
Investment ,
Investors ,
Life Sciences ,
Managed Service Providers (MSPs) ,
Mental Health ,
Mergers ,
Pharmaceutical Industry ,
Physicians ,
Private Equity
Bass, Berry & Sims and Deloitte presented the 2021 Health Care Investors Conference virtually on November 16...
Here are some of the most significant takeaways for healthcare investors from the stimulating discussions and...more
12/6/2021
/ Buyers ,
Capital Markets ,
Compliance ,
Coronavirus/COVID-19 ,
Good Faith ,
Health Care Providers ,
Healthcare ,
Home Health Care ,
Investment ,
Investors ,
Mental Health ,
Pharmaceutical Industry ,
Physicians ,
Price Transparency ,
Private Equity ,
Regulation ,
Surprise Medical Bills ,
Value-Based Care
Bass, Berry & Sims attorney Angela Humphreys—Chair of the Healthcare Practice and Co-Chair of the Healthcare Private Equity Team—sat down virtually with Paul Keckley—a healthcare policy analyst, industry expert and Managing...more
3/8/2021
/ Affordable Care Act ,
Biden Administration ,
Drug Pricing ,
Health Care Providers ,
Health Insurance ,
Hospitals ,
Loss Coverage ,
Medicaid ,
Medicare ,
Physicians ,
Transparency
For the fifth consecutive year, the Bass, Berry & Sims Healthcare Private Equity Team hosted BBS Connect, a forum to connect healthcare dealmakers during the annual J.P. Morgan Healthcare Conference.
Over three days –...more
2020 was a tumultuous year for the healthcare industry, which continues to confront the effects of the COVID-19 pandemic. Despite these unprecedented and unpredictable times, healthcare merger and acquisition (M&A) activity...more
1/11/2021
/ Acquisitions ,
Ambulatory Surgery Centers ,
Coronavirus/COVID-19 ,
Health Care Providers ,
Health Information Technologies ,
Healthcare Facilities ,
Home Health Care ,
Hospice ,
Hospitals ,
Investors ,
Managed Care Contracts ,
Mergers ,
Pharmaceutical Industry ,
Physicians ,
Substance Abuse
As we enter week two of the White House’s issuance of guidelines urging all Americans to take steps for “15 days to stop the spread,” many physician practices, particularly specialty practices, are faced with a host of issues...more
By all accounts, 2019 proved to be another year of significant investment by private equity firms in the physician practice space. Below we discuss 10 trends we observed as counsel on a number of these transactions during...more
1/22/2020
/ Acquisitions ,
Commercial Insurance Policies ,
Contract Negotiations ,
Contract Terms ,
Due Diligence ,
Health Care Providers ,
Hospitals ,
Indemnity Insurance ,
Mergers ,
Partnerships ,
Physicians ,
Private Equity ,
Private Equity Firms ,
Private Equity Funds ,
Strategic Planning
Discover the factors that drove healthcare M&A activity in 2019.
Innovation, expansion and continued private equity investment in the industry influenced healthcare transactions last year. 2019 saw continued robust...more
1/16/2020
/ Acquisitions ,
Ambulatory Surgery Centers ,
Centers for Medicare & Medicaid Services (CMS) ,
Divestiture ,
EBITDA ,
Health Care Providers ,
Health Information Technologies ,
Healthcare Facilities ,
Home Health Care ,
Hospice ,
Hospitals ,
Joint Venture ,
Managed Care Contracts ,
Medicare ,
Medicare Advantage ,
Mental Health ,
Mergers ,
Pharmacies ,
Physicians ,
Private Equity ,
Private Equity Firms
Following the launch of several platforms in recent years, it seems that private equity’s interest in the fertility space is trending up again. Investment in this sector brings some unique issues that potential investors...more
11/13/2019
/ Anti-Kickback Statute ,
Clinical Laboratories ,
Consent ,
Discounts ,
Due Diligence ,
Fertility Treatments ,
Health Care Providers ,
Investors ,
Joint Venture ,
Partnerships ,
Patient Referrals ,
Physicians ,
Prescription Drugs ,
Private Equity ,
Private Equity Firms
In the wave of physician practice management transactions, urology is poised to be one of the next hot sectors. In addition to the issues to consider in connection with any physician practice transaction, below we discuss...more
6/26/2019
/ Anti-Kickback Statute ,
False Billing ,
False Claims Act (FCA) ,
Healthcare ,
Healthcare Fraud ,
Medical Devices ,
Pharmaceutical Industry ,
Physician-Owned Hospitals ,
Physicians ,
Private Equity ,
Safe Harbors ,
Stark Law ,
Value-Based Care
2018 marked a year of continued robust healthcare merger and acquisition activity, with deal volume surpassing that of 2017. The dollar volume of healthcare deals also exceeded 2017, highlighted by CVS Health Corp. (NYSE:...more
1/9/2019
/ Acquisitions ,
Acute Facilities ,
Ambulatory Surgery Centers ,
Health Care Providers ,
Health Information Technologies ,
Healthcare Facilities ,
Home Health Care ,
Hospice ,
Hospitals ,
Investors ,
Managed Care Contracts ,
Mergers ,
Pharmaceutical Industry ,
Pharmacy Benefit Manager (PBM) ,
Physicians ,
Private Equity ,
Private Equity Firms ,
Substance Abuse ,
Urgent Care Facilities
Dermatology, ophthalmology, radiology, urology? The list goes on. Yet, in any physician practice management transaction, the following six key considerations apply and, if not carefully managed, can derail a...more
Healthcare transactional activity continued unabated throughout 2016, continuing a years long trend of sustained growth. This activity is due to a number of factors: innovative technology, pharmaceuticals, and services that...more
1/9/2017
/ Addiction Equity Act ,
Health Care Providers ,
Health IT ,
Healthcare Facilities ,
Hospitals ,
Industry Consolidation ,
Innovation ,
Managed Care Contracts ,
Medicare Access and CHIP Reauthorization (MACRA) ,
Mental Health ,
Pharmaceutical Industry ,
Pharmacies ,
Physicians ,
Provider Payments