Charles Oppenheim negotiates an innovative framework of agreements to align four health care companies’ joint interests within strict corporate practice of medicine constraints. The Client’s Business Goals To more fully integrate its financial results into those attributable to Apollo, Allied sought a business structure that would achieve that objective while also complying with California’s corporate practice of medicine and fee-splitting restrictions—no easy feat given the significant regulatory challenges. The HLB Difference The Result and Its Implications The agreements (finalized in March 2019) enabled each entity to achieve its specific goals and bring them together into closer contractual relationships.HLB Helps Orchestrate a Multistep Transaction Involving Allied Physicians of California, Apollo Medical Holdings, and AP-AMH Medical Corporation
Apollo Medical Holdings, Inc. (ApolloMed) is a publicly traded health management company providing management services through its wholly-owned subsidiary Network Medical Management, Inc. (NMM). Allied Physicians of California (Allied) is an affiliate Apollo has serviced.
HLB’s Charles Oppenheim represented Allied as California health care regulatory counsel. Collaborating with the other parties’ attorneys, he negotiated a series of creative transactions, executed in concurrent steps:
Professional
Related Content