A letter of intent (LOI), expression of interest (EOI) or term sheet is typically the first substantive document in the life of a transaction (noting that, oftentimes, parties will sign a nondisclosure agreement prior to...more
After completing the arduous task of preparing to sell a business and agreeing to the terms in principle for a transaction in which a business owner will sell his or her “life’s work,” selling business owners (“Seller” or...more
11/9/2023
/ Buyers ,
Change of Ownership ,
Closing Costs ,
Equity ,
Healthcare Facilities ,
Indemnity ,
Liability ,
Purchase Price ,
Purchasers ,
Reasonably Continuous Exercise of Diligence Standard ,
Revenue ,
Risk Assessment ,
Selling a Business ,
Target Company ,
Third-Party
The United States Department of Health and Human Services (“HHS”), through the Centers for Medicare and Medicaid Services (“CMS”), published a final rule on June 5 (the “Final Rule”), which, among other important actions,...more
Recently, the Health Law Observer highlighted both implemented and proposed changes in requirements applicable to certain health care transactions in New Jersey and New York, respectively. Given the impact in both...more
This year will mark the first full calendar year in which the Change of Ownership (CHOW) requirements added by New Jersey Senate Bill 315 (the “Bill”) will be in effect for certain health care transactions. Accordingly, it...more
For a number of reasons, the calendar is among the most effective tools for advancing a transaction from “potential transaction” to a “closed transaction,” and that holds particularly true in the final months of the year. For...more
Over the last two years, the COVID-19 pandemic created a variety of challenges to both health care systems and the individuals they serve, but dire circumstances also fostered particular health care innovations....more
5/6/2022
/ Amazon Echo ,
Assisted Living Facilities (ALFs) ,
Best Practices ,
Connected Items ,
Elder Care ,
Elder Issues ,
Health Insurance Portability and Accountability Act (HIPAA) ,
Healthcare ,
Healthcare Facilities ,
Policies and Procedures ,
Privacy Concerns ,
Senior Housing ,
Smart Devices