Transactional Work. Our attorneys have substantial experience and are well prepared to act as lead transactional attorneys on acquisitions and divestitures by public, private, and nonprofit companies transferring ownership or control of senior living and long-term care facilities and related businesses throughout the country. This includes purchases, sales, and financings of single-asset projects as well as portfolios of diverse senior living, long-term care, and other healthcare facility assets in multistate transactions. These transactions include mergers, asset purchases, joint ventures, stock purchases, and operations transfer agreements, many of which have occurred in the context of bankruptcy proceedings. In addition, we assist our clients with many aspects of project development for new facilities.
Our representation also covers a wide range of other business matters, including structuring, negotiating, drafting, and reviewing management, administrative services, professional services, and consulting agreements, and real estate and operating leases. Many of these agreements include financing commitments and purchase options. We prepare and review preferred provider agreements with institutional pharmacies and other companies providing services to the providers, sophisticated equipment and software licensing agreements, and employment and staffing agreements. Because of the depth of our experience in this industry, we are able to effectively integrate an understanding of the business practices and approaches that are customary and particular to this industry with our regulatory and compliance knowledge and our overall transactional experience, to provide our clients with representation that is designed to meet their objectives efficiently and effectively.
Licensure and Certification. We regularly represent clients with respect to the regulatory and structuring considerations in business transactions, whether the transaction involves a change of ownership or control, expansion of an existing facility, or the development of a de novo facility. We routinely advise clients on transaction structure and regulatory approval requirements to help avoid unnecessary delays and minimize cash flow interruption arising from the complex state and federal licensure, certificate of need (CON), Medicare and Medicaid enrollment and certification, and regulatory requirements and processes.