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Regulatory Realities: A Guide to Success for Early Careerists on Hospital Deal Teams

1h 3m

Created on July 25, 2024

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Overview

Strategic corporate transactions that involve hospitals and health systems are subject to a plethora of federal, state, and local laws and regulations.  The high level of governmental oversight requires that hospital/health system transactions have separate signings and closings to allow sufficient time for the parties to accommodate the many filings, notices, consents, and other governmental approvals that are necessary to close the transaction as well as operate the business effectively after closing.  This program, presented by Sumaya Noush, Meredith Eng, and Nasir Hussain, highlights the "big ticket" federal and Illinois laws and regulations that you need to know to be an effective hospital/health system deal lawyer as well as best practices for efficiently getting over the closing finish line. 

Health care, government, and corporate lawyers with minimal to intermediate practice experience who attend this online program will better understand:

  • Federal and Illinois laws and regulations that loom large for strategic corporate transactions that involve hospitals and health systems; 

  • Best practices for efficiently and effectively navigating the executory period between signing and closing; and

  • Consequences for failing to meet governmental requirements for closing a hospital/health system transaction.

Learning Objectives:

  1. Educate early careerists about the big-ticket federal and state laws and regulations that loom large before closing a hospital transaction
  2. Establish best practices for navigating sticky situations, including engaging local counsel and government relations experts early and often
  3. Emphasize the importance of using the time between signing and closing well so that as many pre- and post-closing filings and notices are prepared in advance and ready to go when the time is right

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