Gregory J. Pepe Presents on Private Equity Investors Involvement in Specialty Medical Practices
May 21, 2020
NEW HAVEN, Conn. - May 21, 2020 - (Newswire.com)
Gregory J. Pepe, founding partner of Neubert, Pepe & Montieth, P.C. spoke about some issues which should be of concern to physicians thinking of selling their practices to private equity groups in a recent live webinar. The webinar was sponsored by the American Medical Association (AMA) and the American Society of Medical Association Counsel (ASMAC). Attorney Pepe’s webinar, “Wall Street Consolidation of Specialty Practices: Who is benefiting?”, is the first in a series of five webinars hosted by ASMAC.
The webinar highlighted the growing involvement of private equity investors in specialty medical practices. The areas covered involve the so-called prohibition on the corporate practice of medicine, the tendency to engage in fee-splitting in such arrangements, the reliance on ancillary service revenues to prop up high purchase prices, and the erosion of medical professionalism when equity groups insist on cross-selling non-medical products and services to patients. The webinar also provided an overview of common legal complications that arise in transactions involving the acquisition of significant equity stakes in medical practices by private equity firms.
Attorney Pepe heads the firm’s Healthcare Law and Corporate & Business Transactions practice areas. He advises state and private medical societies regarding physician practice management issues within the context of organized medicine and managed care. Attorney Pepe also represents numerous physician groups, including large integrated practices, IPAs, PHOs, and others involved in healthcare law issues. Within the arena of dispute resolution and mediation, Attorney Pepe assumes the patient/provider perspective and works as an advocate for the patient or provider.
About Neubert, Pepe & Monteith
Neubert, Pepe & Monteith, P.C. is a general practice law firm in New Haven, Connecticut with offices in Hartford and Fairfield, Connecticut and White Plains, New York (npmlaw.com). Our team of attorneys possesses the exceptional legal and professional skills required to meet clients’ objectives. The team’s depth, talent, and dedication to client success allow Neubert, Pepe & Monteith to better serve clients locally and nationally.
Press Release Service by Newswire.com
Original Source: Gregory J. Pepe Presents on Private Equity Investors Involvement in Specialty Medical Practices
More News
Russia’s U.S. ambassador dies ‘suddenly’ at 66, Moscow says
A statement described Darchiev as “an outstanding diplomat, experienced leader, good comrade and mentor,” as well as a brilliant scholar of U.S. affairs.
The Australians paying an extra 11 per cent on flight costs
A new Productivity Commission report found some flights cost twice as much as others of the same distance.
LAPD opens investigation into officer's death during dive training at backyard pool
An officer who served on the dive team of the LAPD's vaunted Metropolitan Division died last week while using a specialized piece of equipment at a private residence in Huntington Beach.
‘Gotta prioritise things’: Bosses brace for a wave of GTA VI sickies
The video game is the first new instalment in 13 years of one of the best-selling entertainment franchises in history. Australian businesses expect staff absenteeism to soar.
ASX set to fall, AI stocks drive Wall Street higher
A rebound for stocks in the artificial intelligence industry is lifting the US market.
How Louise left knee pain behind without expensive surgery
There has been an explosion in unnecessary imaging and avoidable knee replacements when the evidence points to another solution.
‘New normal’: Hospital admissions for severe alcohol-related liver disease soaring since lockdown
Hospitalisations for alcohol-related hepatitis more than doubled during the coronavirus lockdowns and admissions have remained at historically high levels in the years since.
‘Making Susan’s life a living hell’: Activist fronts court over harassment charges against MP
Austin Mackell is arguing bail conditions barring him from contacting MP Susan Templeman impinge on his constitutional right to political communication.
Inside the spectacular blow-up between an opera singer and the Conservatorium of Music
Hundreds of emails and texts – including one saying “I know what you love and I’ll do everything I can in order to destroy it” – were sent to two opera academics.
The cross-country road trip to save Perth man’s best friend
Some things in life you can’t put a price on. For Perth man Paul Entwistle, that thing had four paws, a wagging tail and a habit of making every day a little brighter.
The ‘consistent message’ from Rockingham as AUKUS rotations near
Rockingham’s ability to absorb an influx of defence industry personnel and their families as AUKUS ramps up remains at the forefront of community concerns, a new report has found.
SoCal man abandoned teen on L.A. freeway after abducting him for forced labor
A Thousand Oaks man was sentenced to five years in state prison for trafficking a 14-year-old boy and forcing him to sell clothing.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.