Banking & Finance Law Report

Archives: Health Care Lending

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Roundup: Recent Business Developments

The first six weeks of 2014 have been abundant with news and cases that provide insight for financial institutions (and other businesses) that need to be aware of regulatory, legislative and judicial developments and how they affect the U.S. business environment. Porter Wright attorneys have written several alerts and articles about recent cases and best … Continue Reading

Supreme Court Ruling on Health Care Reform

Financial institution executives of all sorts should consult a recent entry on our sister blog which summarizes the high court ruling on the Affordable Care Act, the name of the federal health care reform that was passed about two years.  There will be more to come, but this is a good place to start for an in-depth understanding of the implications of the … Continue Reading

Health Care Facility Financing-CHOW Requirements Impact Deal Timing

Banks and other financial institutions need to understand how federal and state laws may impact closing a lending transaction in connection with a change of ownership ("CHOW") of a health care facility ("HCF"). Various laws implicated in a CHOW frequently include federal Medicare laws and state licensing, certificate of need, and Medicaid laws. Under Medicare regulations, … Continue Reading