Representing Health Care Institutions. On the provider side, we serve as borrower’s counsel, disclosure counsel, and credit support counsel for clients nationwide, ranging from top health care systems to stand-alone community hospitals. We represent specialty hospitals, university hospital systems, health care districts, and medical schools and academic medical centers, as well as their affiliates. Our health care finance experience extends to sub-acute care facilities such as ambulatory care and mental health treatment facilities, and we have extensive experience in financing transactions involving nursing homes and other residential facilities for assisted living and memory care, as well as continuing care retirement communities.
Representing Financial Institutions. We represent lenders that provide a myriad of financing solutions to health care providers, including asset-based loans, working capital facilities, and term loans. We regularly participate in health care facility finance transactions as underwriter’s counsel, bank counsel, lender’s counsel, purchaser’s counsel, and trustee’s counsel. Our clients include leading investment banks, large national commercial banks, money center banks, regional and community banks, trust companies, and other financial companies and organizations.
We also actively represent real estate investment companies, institutional investors, and developers in structuring, documenting, closing, servicing, restructuring, and enforcing real estate debt and equity transactions involving seniors and health care residential properties.
Representing Government. We serve as bond counsel, issuer’s counsel, and disclosure counsel for cities, counties, and state and local government authorities. Our team includes former high-ranking in-house counsel for government financing agencies, who bring an insider’s perspective to representing public sector clients.
Distressed Assets and Opportunities. In today’s climate of economic uncertainty and significant fiscal pressures, Ballard Spahr is well-positioned to advise health care providers, lenders, and other health care-related businesses on overcoming challenges and seizing upon opportunities that arise from distressed assets and transactions. In these cases, our health care financing attorneys work with lawyers in the firm’s Distressed Assets and Opportunities initiative. Together, they provide effective counsel on the full scope of issues that arise involving distressed assets, such as hospitals and health care facilities, as well as distressed transactions involving hospitals, health systems, and other assets. Our attorneys are national leaders in representing debtors and creditors in bankruptcy cases and restructuring transactions involving health care businesses.
In rare instances of a dispute over a transaction or agreement, we advocate for our clients based on our deep experience with financial litigation to resolve issues outside of court on favorable terms. In even rarer instances where litigation is unavoidable, Ballard Spahr’s litigators in the health care financing space have a track record of success in state and federal courts, before administrative tribunals, and in alternative dispute resolution forums.