Funding Hospital Expansion in a Consolidating Market

DATE: Thursday, October 1, 2015

TIME: 2:30 PM - 6:30 PM

VENUE: Anderson Kill, 1251 Avenue of the Americas, New York, NY 10020

ORGANIZER: Anderson Kill and Katz, Sapper & Miller

In today's rapidly evolving healthcare market, no medical facility can stand still and thrive. The current trend of consolidating services through the acquisition of practice groups requires advanced analysis and potentially draws capital from other hospital operations. It also requires facility upgrades and expansion. Yet funding acquisitions and capital improvements in dense urban environments is a major challenge, as is managing construction risk. This case study presentation will explore creative funding options and risk management strategy in the following scenario:

Gotham University Hospital seeks to grow by acquiring City Cardiology Group, a group of private physicians. As both an incentive to the prospective group and out of necessity, Gotham must expand and update its cardiology facilities. All this must be done in the context of a changing healthcare market that often limits available capital for acquisition and growth. Our panel will discuss how to evaluate and structure these transactions so that Gotham University Hospital’s goals are accomplished.

Part 1 - Various Physician Alignment Opportunities

Steven Warner, Partner, Katz, Sapper & Miller

Mark N. Bernstein, Partner, Katz, Sapper & Miller

Part 2 - Facilities Expansion

- Leaseback Development:  Can partnering with a private developer be an efficient solution?

Thomas A. Neufeld, Shareholder, Anderson Kill

- Structuring development and construction contracts and allocating inherent risks through insurance and otherwise.

Lawrence J. Bartelemucci, Chair of the Real Estate and Construction Practice Group, Anderson Kill

Allen R. Wolff, Shareholder, Anderson Kill

REGISTRATION:  2:30 p.m. - 3:00 p.m.

SEMINAR:  3:00 - 5:00 p.m.

NETWORKING RECEPTION:  5:00 p.m. - 6:00 p.m.

COST:  Complimentary with RSVP

CLE credits:

NY CLE:  2.0 credits

PA CLE:  2.0 credits

NJ CLE:  2.4 credits presumptively approved

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Allen R. Wolff
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