Buying and Selling Health Care Companies
Purchase and Sale of Health Care Companies
The attorneys at Rivas Goldstein LLP are highly knowledge able about the health care industry. Because of our representation of individuals and businesses in licensing and regulatory matters, we understand the regulatory climate in which the industry functions. This positions us to provide representation to organizations in the industry that seek to purchase or sell a business.
Our lawyers are able to help health care companies expand through the purchase of a related organization. We perform due diligence, prepare the listing, draft purchase agreements, develop management agreements and identify businesses that are possible candidates for purchase. We prepare change of ownership (CHOWs) documents required by the Texas Department of Aging and Disability Services (DADS) and 855 Applications required by the Centers for Medicare and Medicaid Services (CMS) after purchase or sale of many health care businesses. We deal with licensing issues, such as Medicare certification and state licensing, that arise after a change in ownership.
We perform similar tasks for clients seeking to sell all or part of a health care company. We draft and distribute the listing and identify potential buyers. We transfer the ownership and draft all required documents.
We represent clients in the health care industry, helping them with the purchase or sale of businesses such as these:
- Home health agencies
- Assisted living facilities
- Nursing homes
- Physician group practices
- Suppliers of oxygen therapy
- Diagnostic testing facilities
- Adult day care businesses