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Compliance priorities in practice acquisitions

James Junger (jjunger@hallrender.com) and Lawrence Coon (lcoon@hallrender.com) are Attorneys with Hall, Render, Killian, Heath & Lyman P.C. in Milwaukee, WI.

It is early 2020, and the healthcare industry continues to consolidate. While mega-mergers between multibillion-dollar companies make national news, hospitals and health systems across the country are advancing their own strategic interests, often by acquiring independent physician practices. Compliance professionals who know the ins and outs of these transactions—and the compliance touchpoints within them—will be in a better position to contribute to the organization’s integration initiatives as closing day approaches and thereafter.

Acquiring a physician practice is a complicated undertaking. Compliance professionals can contribute meaningfully by helping to identify, evaluate, and manage risk areas, which not only protects the acquiring organization from loss and liability but also can aid in post-closing integration. The goal of this article is to identify ways in which a compliance professional can add value when his or her organization is considering acquiring a physician practice.

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