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  • videocam On-Demand
  • signal_cellular_alt Intermediate
  • card_travel Health
  • schedule 90 minutes

Private Equity Investment and Structuring Physician Compensation: Alignment Strategies, Regulatory Compliance

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About the Course

Introduction

This CLE webinar will guide counsel to healthcare providers and organizations on private equity investment and physician compensation. The panel will discuss the different compensation structures and their advantages and disadvantages. The panel will also offer best practices to ensure the compensation structures meet federal and state requirements. The panel will also discuss alignment strategies offered to healthcare providers.

Description

The level of private equity investment in healthcare continues to climb. In 2022 it reached over $74 billion and the growth of private equity activity is expected to continue.

When private equity comes in, physician compensation arrangements often have to be restructured. When there is compensation restructuring, physicians are often expected to take less money and invest the balance in the business, enhancing its value. However, before determining the structure, it is important for counsel to understand the implications of the different options for restructuring.

Physician practices must seek to achieve scale and market share to compete for patients while managing costs. Further, as compensation is structured, it is critical to remain compliant with federal and state requirements and prohibitions.

Listen as our authoritative panel of healthcare attorneys and valuation professionals examines different compensation structures and discusses their advantages and disadvantages. The panel will also offer practices to ensure the compensation structures meet federal and state requirements. The panel will also discuss alignment strategies offered to healthcare providers.

Presented By

David Lo
Director
HealthCare Appraisers, Inc,

Mr. Lo is a Director in HealthCare Appraisers’ Denver office, where he has been providing his clients analysis and consultation in business valuation, intellectual property, litigation support, and healthcare provider compensation relationships since 2014.  Prior to joining HealthCare Appraisers, he gained experience in investment analysis and the healthcare industry through internships with a non-profit health maintenance organization and a middle market private equity firm.

Glenn P. Prives
Shareholder
Baker, Donelson, Bearman, Caldwell & Berkowitz PC

Mr. Prives extensive experience spans critical areas such as hospital-physician alignment, mergers and acquisitions, private equity transactions, joint ventures, strategic alliances, due diligence reviews, licensure matters, and health care information technology. He is also experienced in health care compliance, providing guidance on key regulatory matters, including the Stark Law, the Anti-Kickback Statute, HIPAA, and the corporate practice of medicine doctrine. Mr. Prives serves a diverse health care client base, representing both for-profit and not-for-profit health systems, physician groups, academic medical centers, ambulatory surgery centers (ASCs), home health agencies, laboratories, telemedicine companies, medical billing companies, dental groups, and substance abuse centers. His experience also extends to advising private equity firms, investment funds, family offices, and investors in the health care sector. Beyond health care, Mr. Prives brings considerable experience in corporate law, regularly advising on mergers and acquisitions, contractual negotiations, regulatory compliance, and due diligence across various industries.

Patrick D. Souter
Of Counsel
Gray Reed & Mcgraw LLP

Mr. Souter is known for his legal and educational experience in the healthcare industry, making him a sought-after resource for clients and students alike. His primary areas of practice are related to transactional and administrative healthcare, corporate, securities and antitrust matters. Mr. Souter is also a Professor of Healthcare Studies at Baylor University School of Law where he oversees the healthcare law program and teaches Healthcare Law, Healthcare Fraud and Abuse and Regulation of Healthcare Professionals. He is also involved with the Robbins Institute for Health Policy and Leadership at the Baylor University Hankamer School of Business where he teaches Healthcare Law and Ethics in its M.B.A. in Healthcare Administration Program and Executive M.B.A. Program.

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


  • Live Online


    On Demand

Date + Time

  • event

    Thursday, June 8, 2023

  • schedule

    1:00 p.m. ET./10:00 a.m. PT

  1. Structuring physician compensation after private equity investment
    1. Impact of private equity
    2. Key considerations when structuring
    3. Structure options
  2. Federal and state requirements
  3. Alignment strategies
  4. Best practices

The panel will review these and other key issues:

  • What are the advantages and disadvantages of different compensation structures in private equity models?
  • What are the critical regulatory requirements when structuring physician compensation in private equity models?