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Practices & Industries

Vascular and Vein Transactions

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Baker Donelson's Health Care Transactions team provides comprehensive legal counsel tailored to the unique needs of vascular and vein practices.

Overview


Vascular and vein practices are navigating a period of rapid innovation and consolidation. The specialty is seeing a surge in outpatient migration, with minimally invasive procedures increasingly performed in office-based labs (OBLs) and ambulatory surgery centers (ASCs). Private equity and strategic investors are targeting vascular groups for their ability to deliver high-value interventions, expand ancillary service lines, and scale care in cost-effective settings. Practices are diversifying into vascular labs, advanced diagnostic imaging, wound care programs, vein-related cosmetic procedures, and interventional suites to capture new revenue streams and improve patient outcomes.

At the same time, regulatory scrutiny and reimbursement pressures are intensifying. Evolving Stark Law and Anti-Kickback regulations, state-specific rules for joint ventures, and heightened oversight of investor-backed transactions are shaping how vascular groups structure partnerships and expand services. Successful practices are those that align clinical strategy with operational excellence, compliance, and flexible growth models.

Baker Donelson's Health Care Transactions team provides comprehensive legal counsel tailored to the unique needs of vascular and vein practices. Our attorneys advise on structuring and negotiating practice sales, mergers, acquisitions, and recapitalizations with private equity sponsors, health systems, and strategic partners to maximize value and ensure seamless transitions. We assist with the design and implementation of joint ventures and strategic affiliations, including OBL and ASC partnerships, diagnostic imaging integrations, and other service expansions.

Our team works 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. We advise on the expansion, licensing, and compliance of ancillary services such as vascular labs, wound care centers, advanced imaging, and interventional procedure suites. We counsel on employment and affiliation relationships with hospitals and multispecialty groups, including professional service agreements, co-management arrangements, and medical director contracts.

Our team's differentiators include deep experience in OBL and ASC structuring, wound care reimbursement optimization, and flexible platform transactions. We anticipate operational challenges, optimize compliance strategies, and deliver practical solutions that support long term success.

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 private equity-backed vascular group in expansions in multiple states and additions of physicians.

  • Represented vein practice in the acquisition of an ASC.

  • Represented vein practice in multiple affiliation models with physicians and allied professionals.

  • 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)

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