Skip to Main Content




Quick Results
View More Results
Search
Practices & Industries

Ophthalmology and Optometry Transactions

Print Version

Baker Donelson’s Health Care Transactions team delivers focused legal counsel tailored to the unique needs of ophthalmology, retina, and optometry groups.

Overview

Professionals

Key Contacts

 
Gary W. Herschman
T: 973.218.5179
  Email Professional
 
Anjana D. Patel
T: 973.218.5184
  Email Professional
 
Glenn P. Prives
T: 973.218.5237
  Email Professional

Ophthalmology, retina, and optometry practices are at the center of a rapidly evolving industry, shaped by breakthroughs in AI-driven diagnostics, minimally invasive surgical technologies, and expanding patient demand for both medical and elective vision care. As private equity investment and strategic consolidation accelerate, practices are leveraging ambulatory surgery centers (ASCs), advanced imaging, optical retail, and telehealth to diversify revenue streams and enhance patient experience. The sector is also seeing increased regulatory scrutiny and a shift toward value-based care, making strategic legal guidance essential for sustainable growth and clinical autonomy.

Baker Donelson's Health Care Transactions team delivers focused legal counsel tailored to the unique needs of ophthalmology, retina, and optometry groups. Our attorneys advise on:

  • Structuring and negotiating practice sales, mergers, acquisitions, and recapitalizations with private equity sponsors and national platforms to maximize value and ensure seamless transitions.
  • Advising on joint ventures and strategic affiliations, including ASC partnerships, retina and laser center collaborations, and multispecialty service expansions.
  • Assisting with management services organization (MSO) models and governance structures to ensure compliance with corporate practice of medicine (CPOM) laws, fee-splitting rules, and other regulatory requirements.
  • Advising on the expansion, licensing, and compliance of ancillary services such as optical shops, advanced imaging, vision therapy, dry eye clinics, and clinical research programs.
  • Advising on the adoption and compliance of AI-based diagnostics, teleophthalmology platforms, and digital health tools, ensuring alignment with FDA, HIPAA, and state telehealth regulations.
  • Structuring and negotiating payer contracts and value-based care arrangements to help practices adapt to evolving reimbursement models and quality metrics.

Results may vary depending on your particular facts and legal circumstances. Some of these matters were handled by a current Baker Donelson professional while associated with a prior firm.

  • Represented ASCs owned by ophthalmologists in sales to a private equity-backed platform.

  • Represented ophthalmology group in acquiring an ASC.

  • Represented multiple ophthalmology groups in multiple states in sales to private equity-backed platforms.

  • Events Relevant to All Physician Specialties

  • "The Intersection of PE and MSOs, Part 1: Benefits and Pre-Transaction Considerations," CV Transforum Fall '24 Conference (October 2024)
  • "Private Equity Physician Deals: What Investors, Physicians, and Hospitals Need to Know in 2023," American Health Law Association (AHLA) Health Care Transactions 2023 Conference (April 2023)
  • "The Anatomy of a Private Equity Transaction and Process," 6th Annual Physician Transactions Conference: The Future of Healthcare Conference Series™ (March 2023)
  • "The (Still) Robust Market for Physician Groups," 6th Annual Physician Transactions Conference, The Future of Healthcare Conference Series™ (March 2023)
  • "The Anatomy of a Physician Group Transaction with Private Equity," 2022 Physician Transactions Conference (March 2022)
  • "Key Terms and Protections for Physicians in Sale Transactions," Physician Transactions Conference, The Future of Healthcare Conference Series® (February 2022)
  • "The Process of Undergoing a Strategic Medical Practice Transaction," 2021 Physician Transactions Conference (April 2021)
  • "Assessing Strategic Options and Practice Value in the Wake of the Pandemic," 2021 Physician Transactions Conference (April 2021)
  • "Exit Planning and Strategic Transactions for Physician Groups," AllianceBernstein (June 2020)
  • "Part 3: The Transaction Process, Key Protections for Physicians, and How to Prepare," Physician Group Transactions 2020 (May 2020)
  • "Part 2: Beyond the First Partnership – Second Bites and More," Physician Group Transactions 2020 (April 2020)
  • "Part 1: What's Going On, and What Do You Need to Know?," Physician Group Transactions 2020 (April 2020)

Featured Media

AHLA's Representing Physicians Handbook, 5th Edition, "Medical Spas"
Publication / September 9, 2025
Management Services Organizations: A Growing Strategy for Physician Groups
Publication / September 4, 2025
Healthcare M&A Mid-Year Insight
Publication / August 11, 2025

Email Disclaimer

NOTICE: The mailing of this email is not intended to create, and receipt of it does not constitute an attorney-client relationship. Anything that you send to anyone at our Firm will not be confidential or privileged unless we have agreed to represent you. If you send this email, you confirm that you have read and understand this notice.
Cancel Accept