Frank's practice focuses on counseling individuals and entities engaged in the health care industry on business and regulatory matters.
Frank is Chair of the Benesch Healthcare+ Practice Group, a member of the Corporate & Securities Practice Group, and the Columbus Office Partner-in-Charge. He is experienced in advising clients in health care and other regulated industries on transactions including, reorganizations, mergers and acquisitions, recapitalizations, divestitures, strategic alliances, joint ventures, and capital financings including private equity and venture capital funding. Further, Frank advises clients on business organization, corporate governance, negotiation, drafting and enforcement of contracts, reimbursement and compensation structures, complex compliance functions and responses including HIPAA, and general business counseling.
Representative Experience
- Represented a credit investment firm as health care regulatory counsel related to the purchase of three skilled nursing facilities in Florida.
- Represented client as health care regulatory counsel related to the purchase of three skilled nursing facilities in Florida. Conducted all healthcare and regulatory due diligence of the seller and worked with seller's counsel to resolve multiple licensure issues in advance of execution of the definitive agreements. In addition to providing counsel on the key definitive agreements including the purchase and sale agreement, operating lease agreement, cost sharing agreement and facility management agreement, we reviewed and provide counsel on key provisions of a joint venture agreement our client entered into with a third party. The joint venture entity became the ultimate buyer of the facilities. We also provide advice and counsel on regulatory aspects and considerations of loan documents in connections with the financing to provide the capital to complete the transaction.
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Represented a fertility practice and its associated ambulatory surgical center in their sale to a fertility clinic.
- Represented private equity sponsor in its simultaneous acquisitions of an oncology practice service provider and a group purchasing organization.
- Represented client company in connection with a recapitalization involving the sale of a majority equity interest in the company from a management company to a local health system. The transaction also involved the assignment and assumption of the management agreement for operation of the company surgery center business. We reviewed and negotiated all definitive agreements including the membership interest purchase agreement, amended and restated operating agreement, transition services agreement, joint venture services agreement, assignment and assumption agreement and all applicable written actions and resolutions.
- Represented the buyer in its acquisitions of multiple behavioral health practices throughout the country.
- Represented the buyer in its acquisition of a provider of mental-health services with a focus on telehealth.
- Represented the buyer in its acquisition of a provider of mental-health services in the State of Washington.
- Represented revenue cycle management company in the home medical equipment space in the sale of substantially all its assets to a competitor, drafted and negotiated all definitive agreements, counseled client, and processed the closing of the transaction.
- Represent client in a spin out of its general medical practice into a join venture with a practice management company with a focus on home-based models of care and value-based arrangement.
