Christopher Huryn Comments on Legal Considerations for Health Care Joint Ventures
July 21, 2020
Partner Chris Huryn discusses key issues for health care entities when considering a joint venture in a Super Lawyers’ article published on July 21, 2020. The article titled “The Types of Joint Ventures in Health Care: A breakdown of the entities and some legal tips for Ohio Businesses” discusses common types of joint ventures in the health care industry and the benefits of each. Chris explains that joint ventures in health care need to be structured differently than general commercial transactions and with compliance in mind, taking into account fraud and abuse laws, the Anti-Kickback Statute, the Stark Law, antitrust issues and tax considerations.
Chris notes “Best practice would be to engage a legal counsel in the development of a joint venture, and early on. You want to address the issues sooner, rather than later, in terms of the formation and the compliance laws involved.” And the formation is just the start, he adds: “The structure, the funding, the market analysis, how the company is run and managed, the competitors, how the company would be unwound if it doesn’t work out—all of these things are considerations on top of the health care component.”
To read the article, click here.