Articles and Blogs

Healthpeak Properties, Inc. and Physicians Realty Trust have announced an all-stock merger valued at around $21 billion. The combined company will possess a 52-million-square-foot healthcare real estate portfolio. The company will operate under the name of Healthpeak Properties, Inc. and trade as “DOC” on the NYSE. Last week, mortgage rates reached their highest level since…Read More

The U.S. Department of Justice (“DOJ”) recently unveiled a department-wide Safe Harbor Policy for voluntary self-disclosures made in the mergers and acquisition (“M&A”) process. This Safe Harbor Policy (“Policy”) is aimed at incentivizing acquiring companies to identify and timely disclose misconduct discovered during the due diligence and post-acquisition integration process. Acquiring companies that disclose within…Read More

According to a recent study, physician-owned hospitals treated some of the most expensive Medicare beneficiaries at significantly lower costs compared to traditional hospitals, despite serving similar patient populations. The study follows a recent Congressional hearing that debated legislation to loosen restrictions on physician-owned hospitals. The Pennsylvania Supreme Court will weigh in on the extent to…Read More

Rite Aid has filed for bankruptcy protection under Chapter 11 of the bankruptcy code. In connection with the filing, Rite Aid plans to reject over 300 leases as the debt-ridden company looks to downsize its “sub-optimal” brick-and-mortar footprint. Closing underperforming locations is a crucial part of the company’s restructuring plan. Deloitte released its Global Real…Read More

Effective October 1, 2023, Connecticut enacted a law that contains several updates to Connecticut’s change of ownership laws for nursing homes and other health care providers. Changes to Connecticut’s Change of Ownership (“CHOW”) Laws – All Providers Connecticut Public Act 23-122 (“CHOW Law”) replaces Section 19a-493 of the Connecticut General Statutes. The CHOW Law creates new change of…Read More

As fall begins in many parts of the country and cooler temperatures move in, so do a range of new employment laws and proposed regulations. Some of these changes include a new employer work rules standard recently adopted by the National Labor Relations Board (“NLRB”), a long‑awaited guidance update on workplace harassment from the Equal…Read More

Site prep is underway on a 68-acre parcel where University Health is building a new full-service hospital near Texas A&M University-San Antonio. The $475M project is planned for the historically underserved south side of San Antonio and will open in 2027. In response to hundreds of cancer patients coming from out of state to receive…Read More