Michael Taubin is a senior member of the Health Services practice group and Team Leader of the Hospital-Physician Realignment Affinity group. He represents the continuum of health care providers from hospitals to federally qualified health centers to medical groups and management companies servicing those providers. Michael is also at the forefront of private equity investment in the health care sector.
What do you focus on?
The primary focus of my practice is representing hospitals, federally qualified health centers and medical groups as they implement their integration and realignment strategies as a result of changes in the marketplace and health care reform.
The development of provider networks, such as Accountable Care Organizations and Independent Practice Associations, has been proliferating as a result of the Accountable Care Act and consolidation in the health care industry. I have represented all types of health care providers in their network initiatives, including an academic medical center (University of Rochester Medical Center), community hospitals (Atlantic Health System, St. Joseph’s Medical Center, Yonkers and Liberty Healthcare) and a Federally Qualified Health Center (William F. Ryan Community Health Center).
As medical groups and their management companies look to grow to gain a competitive advantage, they have accessed private equity funds for additional capital. I have represented the largest anesthesia provider in the country (North American Partners in Anesthesia) and its management company (NAPA Management Services Corporation) in their reorganization with a private equity fund and the expansion of their business as a result of the infusion of capital. Similarly, I represented a physiatry practice management company as they partnered with a private equity fund to expand their business.
What do you see on the horizon?
The speed with which changes in the health care industry have been accelerating requires a health care lawyer not only to have the legal experience to deal with interpretation of statutes and regulations and the drafting of contracts required for a transaction, but also to have a firm knowledge of the marketplace of that particular provider. I foresee health care lawyers becoming a blend of a health care consultant and a traditional health care lawyer so that they can aggressively advise their clients to be major players in the ever-changing health care landscape.