Practice Sales, Purchases and Mergers

Sales and Purchases

Sansweet, Dearden and Burke, Ltd. (SDB) has represented numerous physicians, dentists, and other health care professionals in connection with the purchase or sale of health care and dental practices. Our firm has extensive experience with sales to hospitals, health care systems, non-profit and for-profit companies, as well as to other health care practitioners. SDB attorneys have represented both the sellers and the purchasers in these transactions. In addition, our firm assists with the negotiation of leases or the sale of any related real estate. Our services include:

• Negotiating and drafting practice acquisition documents;
• Conducting due diligence review;
• Preparing employment agreements;
• Evaluating the economic arrangements;
• Advising clients on the impact of health care regulatory issues, such the Stark Law, the Anti-Kickback Statute, private inurement, and corporate practice of medicine; and
• Analyzing the tax ramifications of the transaction.

Mergers

SDB has represented many physicians and dentists in the mergers of their practices. We also advise clients regarding or merger of practice-related entities, such as ambulatory surgery centers, endoscopy centers, laboratories, dental laboratories, imaging centers, and physical therapy centers.

Specifically, we provide the following services:

• Evaluating the feasibility and opportunities for merger, including what each party could offer;
• Advising the parties about the type of new entity to form;
• Conducting due diligence review;
• Negotiating and drafting the merger documents;
• Analyzing the impact of health care regulatory and tax issues;
• Establishing the new entity; and
• Preparing documents for the governance of the new entity.