Stoll Keenon Ogden PLLC | Advertising Material

Stoll Keenon Ogden PLLC | Advertising Material


Healthcare

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Overview

The healthcare industry faces constant change and challenges. Reform initiatives, evolving legislation and swelling regulation can create both complex risks and formative opportunities. Stoll Keenon Ogden is well-versed in managing the legal aspect of such issues, and we make it our duty to help professionals and organizations meet their challenges safely and securely.

Our collective experience includes representing healthcare professionals, physician groups, hospitals, nursing homes, assisted living facilities, and billing and service providers in the for-profit and nonprofit fields.

SKO counsels healthcare businesses and individuals on a spectrum of matters to help ensure they provide excellent care and service while simultaneously complying with ever-changing regulatory guidelines. Our scope of services includes matters that involve the following:

  • Antitrust
  • Contracts and agreements
  • Certificate of need
  • COBRA
  • Disputes
  • Employment and employee benefits
  • False Claims Act
  • Fraud
  • Insurance coverage
  • Intellectual property
  • Investigations
  • Malpractice
  • Medical devices
  • Medicare and Medicaid audits
  • Mergers and acquisitions
  • Negligence
  • Physician-Owned Devices
  • Product liability
  • Regulatory compliance
  • Qui Tam
  • RICO

Work Highlights

Commercial & Industrial Lending

Currently represent bank in the documentation and negotiation of multiple credit facilities totaling more than $18 million to a dental holding company and its 150 related entities used by the borrowing group for general working capital purposes and acquisition needs.

Reorganization, Refinancing and Acquisition of Major Healthcare Entity

Stoll Keenon Ogden represented a major healthcare services entity, its affiliated upstream and sister companies, its owners and its founding management team in comprehensive reorganization, refinancing and acquisition transactions totaling more than $300 million. The matters resulted in the closing of a senior secured term loan and  revolving credit facilities secured by owned senior care facilities in four states with a 9-member syndicate of commercial banks; the requisition of waivers, consents and estoppels from various property lessors on leased senior care facilities in four states; restructuring of upstream holding companies and combination of two upstream ownership groups and boards of managers; the creation of a management company; the introduction of healthcare facility management agreements; the migration of payroll and benefits for more than 7,000 employees; the related restructuring of multiple lease and debt financing and supplier relationships;  the creation and reorganization of multiple SPE organizations accompanied by extensive non-consolidation analysis and issuance of a substantive non-consolidation opinion to the lending syndicate; the exercise of purchase option and acquisition of multiple senior care facilities; the contribution of additional equity capital from the client’s majority owners; and the amendment and restructuring of multiple Master Lease and inter-creditor agreements.

Industry Involvement

Academy of Hospital Industry Attorneys

American Health Lawyers Association

Health Enterprises Network

Kentucky Association of Health Care Facilities

Kentucky Hospital Association

News

Publications