Murtha Cullina's extensive experience in hospital joint ventures, hospital affiliation agreements and other hospital collaborative arrangements enabled the firm to serve hospital clients in several major hospital mergers and acquisitions that have been consummated in Connecticut in recent years. These hospital consolidations involved the transfer of control between two hospitals, the merger of two inner city teaching hospitals and the acquisition of a municipally owned and operated hospital by a private non-profit community hospital. The firm's experience with legal issues across the broad spectrum of hospital operation and development enabled us to complete the extensive due diligence investigations that are required in these complex transactions.
When long-term care facilities are transferred, buyers, sellers and lenders are assisted by the firm in adapting the transaction to the change of ownership regulations imposed by the Department of Public Health and Addiction Services, the third party reimbursement requirements of the Department of Social Services ("Medicaid"), and the federal Department of Health and Human Services ("Medicare"). Additionally, institutions that acquire, transfer or develop real estate must comply with the provisions of the Connecticut Environmental Transfer Act relating to hazardous waste. Our health care lawyers work with our environmental attorneys in counseling sellers, purchasers and lenders with respect to compliance with those requirements.
