• videocam Live Webinar with Live Q&A
  • calendar_month December 3, 2026 @ 1:00 PM ET/10:00 AM PT
  • signal_cellular_alt Intermediate
  • card_travel Health
  • schedule 90 minutes

Buying and Selling Physician Practices: Legal and Business Considerations, Transaction Structure, Key Provisions

About the Course

Introduction

This CLE webinar will provide guidance to healthcare counsel involved in the purchase or sale of physician practices on the key legal and business issues for buyers and sellers. The panel will examine applicable federal and state laws and regulations, as well as fair market value considerations. The panel will also offer strategies for negotiating and structuring the arrangement and discuss best practices for mitigating the risk of noncompliance in a highly regulated transaction.

Description

In the era of healthcare consolidation where investors, health systems, and others are interested in purchasing physician practices and physicians are interested in selling their practices for any number of reasons including increased financial and regulatory demands, healthcare counsel involved in these transactions should clearly understand the legal and business concerns involved in the sale of a physician practice. 

Important considerations for buyers and sellers in these highly regulated transactions include CPOM, fee splitting and kickbacks, due diligence, handling of patient protected health information, third-party contract assignments, tax considerations, and legal ramifications for noncompliance.

Listen as our authoritative panel explains the key legal and business considerations for buyers and sellers of physician practices and offers strategies for negotiating and structuring the transaction.

Presented By

Marguerite J. Ahmann
Shareholder
Fredrikson & Byron P.A.

Ms. Ahmann is a health care attorney whose practice focuses on regulatory, corporate, and transactional matters. She assists her clients in navigating the complex nature of health care law and regularly advises on regulatory matters involving fraud and abuse laws, HIPAA and health privacy, and Medicare and Medicaid enrollment and reimbursement. Ms. Ahmann also advises health care clients in various transactional matters, including mergers and acquisitions, joint ventures, and other strategic affiliations and partnerships. In addition, she counsels health care clients on formation and governance matters, reviews and prepares employment agreements for health care professionals, assists provider entities with the implementation of compliance programs, advises on scope of practice matters, and assists in structuring telemedicine arrangements. Ms. Ahmann’s clients include hospitals, independent physician practices, ambulatory surgical centers, dental support organizations, practice management companies, home care providers and licensed health care professionals.


Ryan S. Johnson
Shareholder, Co-Chair Life Sciences Group
Fredrikson & Byron P.A.

Mr. Johnson is a nationally recognized lawyer for healthcare innovation. He helps his clients develop and launch innovative business models designed to improve healthcare quality, accessibility, and affordability. Mr. Johnson serves as outside general counsel for digital health companies, healthcare providers, and life science companies that are transforming healthcare through innovation and cutting-edge science and technology. He regularly advises investors, senior executives, and corporate boards on the strategic threats and opportunities arising from emerging technologies and new laws and regulations, especially those affecting the healthcare industry. Mr. Johnson has considerable experience advising clients on a variety of regulatory and corporate matters and in structuring and negotiating healthcare transactions, including M&As, joint ventures, licensing agreements, and financings. He frequently writes and lectures about issues emerging from the intersection of law, science, and technology. Mr. Johnson currently serves on the Board of Directors of the American Health Lawyers Association and serves as an adjunct professor of health law and policy for the University of Saint Thomas Health Care MBA program. 

Alec T. Mercolino
Attorney
Hall, Render, Killian, Heath & Lyman PC

Mr. Mercolino concentrates his practice in health law with an emphasis on health care industry transactions. Working with health care providers such as hospitals, health systems and physician group practices, he assists in facilitating a variety of transactions with a focus on mergers and acquisitions. Mr. Mercolino also has experience providing counsel on managed care and fraud and abuse matters. He strives to help clients accomplish their business goals while navigating the complex health care regulatory space.

Colleen M. Powers
Shareholder
Hall, Render, Killian, Heath & Lyman PC

Ms. Powers is a health care transactions attorney who provides strategic counsel to some of the nation’s largest health systems, hospitals and physician groups. In the last several years, she has served as lead counsel for multiple high-profile hospital acquisitions, divestitures and mergers. She’s also played a key role in the advancement of alignment strategies by leading joint venture and other affiliation strategies—helping clients navigate both the business and regulatory aspects of each deal. In addition to her transactional work, Ms. Powers regularly counsels clients on a wide range of health care issues, serving as an outside general counsel and advisor to physician groups, ASCs and hospitals. She is a member of Hall Render’s Board of Directors, contributing to the firm’s strategic direction and governance. She is the Service Line Organizer for our Mergers & Acquisitions Service Line and also serves as a member of the Board of Managers for Hall Render Advisory Services.



Credit Information
  • This 90-minute webinar is eligible in most states for 1.5 CLE credits.


  • Live Online


    On Demand

Date + Time

  • event

    Thursday, December 3, 2026

  • schedule

    1:00 PM ET/10:00 AM PT

I. Introduction

II. Federal and state legal considerations

A. CPOM and fee-splitting

B. HIPAA, Stark, and AKS

C. Other

III. Transactional considerations for buyers and sellers

A. Due diligence

B. Structuring the transaction

C. Fair market value

D. Key contractual provisions

E. Finalizing the sale

IV. Key takeaways

The panel will review these and other important questions:

  • What are the key legal and business concerns for physicians considering the sale of their practice? 
  • What are important legal and business considerations for buyers?
  • What federal and state laws govern the sale of physician practices? What may be the repercussions for noncompliance?
  • What are key contractual provisions for buyers? For sellers?