Ensuring certainty and efficiency in the transaction process

Successfully completing a transaction in the healthcare industry can be complex and challenging. We have in-depth knowledge of healthcare regulation and handle more M&A transactions than any other law firm. From due diligence to post-merger integration, we take care of the corporate, tax and regulatory aspects of healthcare transactions, helping providers and funds to prosper.

The shared goals of any healthcare transaction can quickly become issues and concerns, as all parties seek to balance compliance considerations with tax planning and business strategies. We provide guidance throughout; removing the uncertainties of investing into or selling a healthcare business, and facilitating an efficient transaction process.

Consolidation in the healthcare industry looks set to continue, driven particularly by private equity investment. Innovative healthcare delivery models focused on value-based care, coordinated care and other shared-risk models continue to gain popularity. And they’re serving as the catalyst for a number of public company SPAC transactions and vertical integration among payors and providers. Additionally, the use of telemedicine, technology and artificial intelligence is growing fast and attracting new investors and capital. We help our clients make the most of these growth opportunities.

In healthcare transactions, we understand the need for innovative solutions that address the intense day-to-day realities of the industry. Our quick, creative thinking has often solved tricky regulatory challenges and helped deals close successfully.

We also help with day-to-day matters arising within a fund’s portfolio of healthcare companies. These include negotiating and drafting employment agreements with clinicians, enforcing non-compete restrictions, developing Stark Law and regulatorily compliant physician compensation incentive models, establishing joint ventures, managing payor contracting negotiations, and other contracting and transactional matters.

We’re leaders in the field, having handled more M&A deals than any other law firm in the last 13 years, according to Mergermarket. We’ve also been recognized by Pitchbook as the number one legal advisor to investors, and one of the most active legal advisors in several private equity sectors, including healthcare.

Where there’s opportunity for growth, we’ll partner with you to ensure the process is seamless and efficient.

Awards and recognition

  • Ranked Band 1 in Healthcare: Highly Regarded, Chambers USA 2025
  • Ranked in Private Equity Buyouts: Middle-Market (up to $500M), Legal 500 US 2025
  • Ranked in Healthcare: Service Providers, Legal 500 US 2025
  • #1 for volume of M&A deals for 14 consecutive years, Mergermarket 2023
  • #1 most active law firm for combined global deal volume, PitchBook 2023
  • #1 for deal count, global league table of legal advisors, Mergermarket 2023

Experience

When it comes to mergers and acquisitions, DLA Piper is in an unparalleled position, having handled more M&A deals than any other law firm. From due diligence to post-merger integration, we deliver the transactional resources to help your fund and its healthcare portfolio prosper. We have handled acquisitions and sales of substantial healthcare assets; corporate restructurings of healthcare providers; joint ventures and strategic alliances among providers, physicians and payors; development of provider networks; and structuring syndications and other securities transactions. We are often engaged not only for the initial practice acquisition, but also the add-on and tuck-in acquisitions. Below please find an example of some of the deals we have completed for our clients this year as we continue to reimagine healthcare.

  • Starling Physicians, a leading primary care and multi-specialty physician group in Connecticut, in its sale to VillageMD, a national provider of primary, multispecialty, and urgent care services.
  • Triton Pacific Healthcare Partners and ACON Investments in the sale of BioMatrix Specialty Infusion Pharmacy, one of the largest independent providers of specialty infusion services in the United States, to Frazier Healthcare Partners.
  • Together Women’s Health, a women’s health-focused management services organization, in its acquisition of Women’s Health Consulting, a leading obstetrics and gynecology practice in Chicago.
  • Femwell Group Health, a provider of management services to healthcare providers, in its acquisition of The Woman’s Group, a leading women’s health and aesthetic practice.
  • EyeSouth Partners, a physician-led ophthalmology and optometry network, in its acquisition of Community Eye Care Specialists.
  • Community Care Partners, a portfolio company of Shore Capital Partners and operator of healthcare clinics nationwide, in its acquisition of Texas MedClinic, a 25-plus location urgent care provider in Texas.
  • FastMed Urgent Care, a private equity-backed operator of urgent care centers nationwide, in its acquisition of 87 CareSpot and MedPost urgent care centers from Tenet Healthcare Corporation.
  • Summit Spine, an operator of healthcare clinics and ambulatory surgery centers in Georgia, in its recapitalization and sale from Fulcrum Equity Partners to MSouth Equity Partners.
  • Texas ENT Specialists in its partnership with South Florida ENT Associates to form a combined physician services organization backed by Audax Private Equity, encompassing approximately 60 ENT practice locations.
  • Pack4U, a connected health services company, in its acquisition of pharmacy technology company Catalyst Healthcare.

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