New York Healthcare Attorneys for Physicians

The attorneys of Weiss Zarett Brofman Sonnenklar & Levy, P.C. assist members of the healthcare industry including physicians, healthcare providers and health-related businesses with a wide array of legal services including corporate and transactional matters, civil and administrative litigation, healthcare regulatory issues, bankruptcy and creditors' rights, and commercial real estate transactions.  Outside of the healthcare industry, we similarly assist businesses and business owners with respect to corporate and commercial matters, business disputes, litigation, financing, documenting secured transactions and commercial real estate transactions.

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Recent Publications

Infusion of Private Equity into Healthcare Marketplace Presents Both Opportunities and Challenges for Physicians and Investors
Faced with the growing challenge of finding attractive investment opportunities, private-equity firms have increasingly turned to the healthcare industry to bolster returns for themselves and their investors.  In 2017, according to one estimate, the disclosed value of healthcare-related private equity deals reached roughly $42.6 billion.  Despite fundamental uncertainty in the healthcare market – much of it driven by the political climate – healthcare spending in the United States has grown faster than GDP for decades, and $3.5 trillion was spent on healthcare in 2017 alone.

Providers Covered by MLMIC Insurance Policies Between 7/2013 and 7/2016 Eligible to Receive Distribution from Berkshire Hathaway Transaction
As you may be aware, Medical Malpractice Insurance, New York (“MLMIC”) is currently in the process of being acquired by National Indemnity Company (“NICO”), a Berkshire Hathaway subsidiary. Currently, MLMIC is a mutual insurance company, meaning it is owned by its policyholders/insured physicians. Once the sale to NICO is complete, however, the company will be transitioned to a stock insurance company owned by NICO’s shareholders.

Financing for Medical Practices and Small Businesses
Business financing is commonplace in today’s economy in order to provide steady cash flow. Most standard business financing is asset based; meaning that it is based upon advancing money up to a percentage of the accounts receivable that are deemed by the lender to be “eligible” (usually meaning not over 90 days aged, with not concentration in a single customer over 25%), together with financing of a percentage of current inventory at cost, and possibly durable equipment with residual value.

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