On April 4, CMS issued the New Conditions for Coverage for End-Stage Renal Disease (“ESRD”) Facilities. These rules serve as the minimum standards for a facility to be eligible for participation in the Medicare program. They are in part the standards used when state agencies conduct a facility’s survey and certification process. The new rules [...]
Archive for May, 2008
Buying and Selling Medical Facilities
Posted by Bart Walker in May 20th, 2008
We are regularly approached by companies and individuals looking to buy or sell surgery centers, hospitals, dialysis centers, billing companies, management companies, device and pharmaceutical manufacturers and a whole host of other related healthcare businesses. These transactions range in size from very small single-OR ASCs to chains of dialysis facilities and large hospitals. If you [...]
6th Annual Orthopedics, Pain Management and Spine Driven ASC Conference
Posted by Bart Walker in May 16th, 2008
The 6th Annual Orthopedics, Pain Management and Spine Driven ASC Conference will be held June 19-21 at the Westin Michigan Avenue in Chicago. At the event, I will be speaking on a panel titled “Financing and Recapitalizations for ASCs and Specialty Hospitals”. I will be speaking with Ken Seip of Citicapital, Anthony Mai of CIT, [...]
Auction Rate Bond Crisis for Hospitals
Posted by Bart Walker in May 10th, 2008
Posted in: Finance and Private Equity, Hospitals and Health Systems, News Tags: Bart Walker, bond, Finance and Private Equity, hospital
Recent capital markets turmoil has set off a chain reaction across a whole spectrum of industries – not the least of which is healthcare. Over the last couple of months the “credit crunch” has resulted in a full-blown crisis for many tax-exempt bond issuers. Very simplistically here is the formula that has led to massive [...]
Asheville Hematology CON Decision Reversed by North Carolina Court of Appeals
Posted by Bart Walker in May 10th, 2008
Last month, the North Carolina Court of Appeals reversed a final decision by the Division of Health Services Regulation that its proposed relocation, expansion and addition of radiation therapy services required a Certificate of Need. Originally, the Division of Health Services Regulation ruled that a CON would not be required. Shortly after the initial decision, [...]
1st Annual Charlotte Healthcare Conference Sponsored by McGuireWoods LLP
Posted by Bart Walker in May 5th, 2008
Posted in: Events, News Tags: baker, Bart Walker, calhoun, Charlotte Chamber, cohen, devore, friesen, garmon-brown, giang, hammang, Health Services Council, mcdonald, raymond, safrit, westin
McGuireWoods LLP is pleased to announce its sponsorship of the 1sy Annual Charlotte Healthcare Conference to be held on Wednesday, September 10, 2008 from 8 a.m. to 1:30 p.m. at The Westin Hotel here in Charlotte. The cost to attend is $35 per person and includes continental breakfast and lunch. This conference will address cost [...]
