Representative Experience
Healthcare Practices
Transactions, MSO arrangements, and the agreements that govern physician and provider practices, with particular depth in audiology and radiology.
A decade advising healthcare practices, including board service at a radiology company and fractional general counsel to physician practice groups.
Typical deal size: From the mid-six figures up into the lower middle market
The situation
Provider practices consolidate fast, and owners often meet a sophisticated buyer for the first time on the buyer's paper. Provider agreements, referral relationships, leases, staff contracts, and patient records all get examined, and each can move price or hold a closing. Not every deal is a platform sale, either: an owner handing the practice to an associate faces a different problem, usually how a buyer with limited capital funds the purchase.
What we handle
- Practice sales to platforms and strategic buyers
- Employee and associate buyouts, including seller financing
- MSO and friendly-PC arrangements with physician groups
- Hospital, imaging-center, and provider service agreements
- Stark, Anti-Kickback, and referral-arrangement compliance
- Provider employment agreements and restrictive covenants
- Patient records, HIPAA, and transfer at closing
Audiology Practices
Audiology has consolidated quickly. We represent owners selling to platforms and strategic buyers, and we handle the other side of the market too: associate and employee buyouts funded by a seller note, a phased buy-in, or an SBA loan paired with a seller note. Manufacturer supply arrangements, provider agreements, leases, and staff contracts all factor into price and timing.
- Practice sales to platforms and strategic buyers
- Employee and associate buyouts, including seller-financed sales
- Phased buy-ins and SBA-loan-plus-seller-note structures
- Manufacturer and supply arrangements, leases, and staff agreements
Radiology Practices
Radiology groups sit between hospitals, imaging centers, payors, and capital. We handle group sales and MSO transactions, review exclusive hospital and imaging-center agreements, run the Stark and Anti-Kickback analysis on referral and compensation arrangements, and structure teleradiology coverage across state lines.
- Group sales, MSO transactions, and platform combinations
- Hospital and imaging-center service and exclusivity agreements
- Stark and Anti-Kickback analysis on referrals and compensation
- Teleradiology structures and multi-state licensure
How these deals work
- 01 We model the structure (asset versus equity, buyout, or MSO) for the tax, control, and regulatory result before an LOI.
- 02 We diligence provider agreements, payer and referral relationships, leases, and staff contracts.
- 03 We run the corporate-practice and Stark/Anti-Kickback analysis the structure needs.
- 04 We handle patient-record transfer and HIPAA at closing, and negotiate the definitive documents to a clean close.
Who it's for
Audiology and radiology practice owners, physician groups, imaging platforms, and MSOs partnering with providers.
Common questions
Healthcare Practices, answered.
- Can an employee buy an audiology practice without much capital?
- Often, yes, with the right structure. A seller-financed sale lets the owner carry a note for part of the price; a phased buy-in transfers ownership over several years; and a bank or SBA loan can be paired with a subordinated seller note. We help owners and buyers pick the structure that fits the price and the timeline.
- How do radiology groups structure a transaction with an MSO?
- Typically the physicians retain the professional entity while the MSO acquires the non-clinical assets and provides management services under a long-term agreement. Getting the control and fee provisions right is what keeps the structure defensible.
- Do Corporate Practice of Medicine rules apply to these practices?
- It depends on the state and the profession. Some states extend professional-entity and corporate-practice restrictions well beyond physicians, including to audiology. We check the specific state rules before choosing a structure.
- What drives the value of a healthcare practice?
- Provider retention, payer and referral relationships, patient volume, and clean, assignable contracts. Buyers pay more for a practice that will run smoothly the day after closing.
This page provides a general overview of healthcare practices matters. Every situation is different. Contact Mond Law to discuss the specifics of your matter.