The Future of LTACHs: A Case Study for Industry Consolidation

Posted by Jason Greis on October 15, 2009 under Articles, Presentations | Be the First to Comment

I have attached a copy of the presentation (click here) that I gave at ALTHA’s Legal Issues Conference on Tuesday, October 13, 2009.  The presentation addresses how and why various macroeconomic and facility-specific financial, regulatory and operational pressures resulted in ”fire sales” in the LTACH market in 2009 and why 2010 will be a year in which over 60 LTACHs are expected to change ownership at much more attractive EBITDA multiples.  Please feel free to call me if you have any questions about my presentation. Read More...

Key CMS Amendments to Physician Self-Referral Rules Contained in the 2009 IPPS: Physicians Will Be Required to Divest Ownership Interests in Most Under Arrangements by September 30, 2009 (8/27/08)

Posted by Jason Greis on December 8, 2008 under Articles | Be the First to Comment

The Centers for Medicare and Medicaid Services (“CMS”) published the 2009 Inpatient Prospective Payment Systems final rule (“Final Rule”) in the Federal Register on August 19, 2008. The Final Rule includes several important changes to the Stark Act that will likely impact many health care providers. One notable revision described in the Final Rule will require many physicians participating in provider-based joint venture “under arrangements” to restructure or unwind such arrangements by September 30, 2009. Read More...