Selecting the Right Compliance Lawyer for Your Outpatient Physical Therapy Practice Transaction
When buying or selling an outpatient physical therapy practice, having a specialized compliance lawyer ensures you meet complex regulatory requirements while protecting your interests. Physical therapy practices face unique compliance challenges with Medicare documentation, Stark Law, and Anti-Kickback Statute requirements that can significantly impact deal structure and valuation.
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Top Compliance Lawyer Firms Specializing in Outpatient Physical Therapy
1. Holland & Knight
Headquarters: 701 Brickell Avenue, Suite 3300, Miami, FL 33131
Service Area: National
Website: https://www.hklaw.com
Holland & Knight brings extensive experience in healthcare M&A transactions, including multi-location outpatient therapy practices. Their healthcare regulatory team advises on federal and state compliance, Stark Law, anti-kickback regulations, and corporate practice of medicine issues. With typical project costs ranging from $50,000 to $200,000+ for acquisitions, they excel at structuring complex deals including joint ventures, syndications, and restructurings. Their deep bench of attorneys can handle both transactional work and ongoing regulatory compliance needs.
2. Wachler & Associates, P.C.
Headquarters: 210 E. Third St., Suite 204, Royal Oak, MI 48067
Service Area: National
Website: https://www.wachler.com
Wachler & Associates specializes in healthcare law for physical therapy providers, offering a more cost-effective option with hourly rates between $250-$500. They bring particular expertise in compliance plans, regulatory audits (RAC, ZPIC, MAC, Medicare, Medicaid, OIG), and defending clients during audits and appeals. Their focused approach to PT practices includes advising on billing documentation requirements and structuring business arrangements that comply with Stark Law and Anti-Kickback Statute. Total project costs typically range from $30,000 to $100,000 for mid-sized deals.
3. Cohen Healthcare Law Group
Headquarters: 2001 L Street NW, Suite 500, Washington, DC 20036
Service Area: National
Website: https://www.cohenhealthcarelaw.com
Cohen Healthcare Law Group provides boutique-level service with rates from $200-$400 per hour, focusing on practice launch, compliance, and regulatory strategies for physical therapists. While they excel in day-to-day compliance matters including scope of practice, informed consent, and documentation requirements, they may partner with larger firms for extensive multi-location acquisitions. Their specialized knowledge of PT regulatory issues makes them valuable for due diligence preparation and ongoing compliance support post-transaction.
How to Select the Right Compliance Lawyer for Your Outpatient Physical Therapy Practice Transaction
Choosing the right compliance lawyer requires evaluating both their healthcare M&A experience and their specific knowledge of physical therapy regulations. Start by requesting examples of similar PT practice transactions they’ve handled, then compare their proposed fee structures—whether hourly, project-based, or capped fees—against your budget and deal complexity. Consider using platforms like ContractsCounsel to receive multiple bids, allowing you to compare expertise and pricing while ensuring the firm understands both transactional requirements and ongoing compliance needs specific to multi-location therapy practices.
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Frequently Asked Questions
Why is it important to have a specialized compliance lawyer for outpatient physical therapy practice mergers and acquisitions?
Specialized compliance lawyers ensure that outpatient physical therapy practice transactions meet complex regulatory requirements like Medicare documentation, Stark Law, and the Anti-Kickback Statute. This specialized knowledge helps protect your interests and impacts deal structure and valuation.
What types of services does Holland & Knight offer for outpatient physical therapy practice mergers and acquisitions?
Holland & Knight provides extensive experience in healthcare M&A transactions including multi-location outpatient therapy practices. They advise on federal and state compliance, Stark Law, anti-kickback regulations, and corporate practice of medicine issues. They handle complex deal structuring such as joint ventures, syndications, and restructurings, with project costs ranging from $50,000 to $200,000+.
How does Wachler & Associates, P.C. distinguish itself in providing legal services for physical therapy practices?
Wachler & Associates specializes in healthcare law for physical therapy providers with a focus on compliance plans, regulatory audits, and defending clients during audits and appeals. They offer a more cost-effective option with hourly rates between $250-$500 and total project costs for mid-sized deals typically range from $30,000 to $100,000.
What are the strengths of Cohen Healthcare Law Group in outpatient physical therapy practice transactions?
Cohen Healthcare Law Group offers boutique-level service with rates from $200-$400 per hour, focusing on practice launch, compliance, and regulatory strategies specific to physical therapists. They excel in day-to-day compliance issues like scope of practice and documentation, and assist with due diligence preparation and ongoing compliance support. They may partner with larger firms for multi-location acquisitions.
What factors should be considered when selecting the right compliance lawyer for an outpatient physical therapy practice transaction?
You should evaluate the lawyer’s healthcare M&A experience and specific knowledge of physical therapy regulations. Request examples of similar transactions handled, compare fee structures against your budget and deal complexity, and consider using platforms like ContractsCounsel to obtain multiple bids. Ensure the firm understands both transactional and ongoing compliance needs for multi-location therapy practices.
