Michael I. Schnipper

My focus

Mergers and Acquisitions

I represent both buyers and sellers in the purchase and sale of businesses in a wide range of industries including health services, life sciences, food and beverage and technology. Most recently, I worked with a diverse team of Nixon Peabody attorneys in the representation of a Connecticut hospital in its acquisition of a Rhode Island hospital system.

Hospital/Physician Integration

I work with many New York-based hospitals and private practices in their integration. These transactions involve complex legal and business issues as the parties attempt to adapt to changes in healthcare regulations and economics.

Private Equity

I handle all phases of a private equity firm’s investment in a portfolio company including add-on acquisitions and exit transactions. Most recently, my focus has honed in on investments in healthcare management companies, which requires a deep understanding of the healthcare laws and regulations that place restrictions on certain PE investments.

Representative experience

• BrookBeam Dental in the formation of a Hudson Valley, New York–based DSO and continue to represent BrookBeam as general outside counsel, including add-on acquisitions.
• MidOcean Partners in its recapitalization of Western Mass Endo and affiliated practices. This recapitalization included the formation of Affinity Dental Management. My team continues to represent Affinity Dental Management as general outside counsel, including in add-on acquisitions, as well as health care regulatory, labor and employment, corporate, tax and finance matters.
• Health care research and advisory firm in the sale of substantially all of its assets to the health care consulting arm of an AmLaw 100 law firm
• Leading single-specialty anesthesia management company in various mergers and acquisitions.
• Operator of an Article 28 ambulatory surgery center in New York, in connection with a joint venture arrangement with a private equity backed management services organization.
• New York-based nonprofit dialysis provider in various mergers, acquisitions and joint ventures to further its presence throughout the State.
• Urgent care joint venture between a New York major hospital and private equity backed management company.

Looking ahead

The ever changing regulatory landscape for healthcare and life sciences companies is leading to even further consolidation. I am monitoring these changes and constantly looking at creative and effective ways to address clients’ needs and business goals.

Insights

• “Strategies for Growth & Flexibility in Healthcare,” The Healthcare Services Investment Conference 2023, New York, NY, November 16, 2023 (Speaker)
• “Inside an MSO Transaction: Real World Obstacles and How to Avoid Them,” The Healthcare MSO Conference, White Plains, NY, October 22, 2021 (Speaker)
• “The Art of Physician Practice Consolidation,” SCALE Physician Group, Webinar, November 18, 2020 (Panelist)
• “Healthcare M&A: Buying or Selling a Medical Practice,” Onyx Partners Group, Webinar, July 15, 2020 (Speaker)
• “How to Form an Entity for Technology Startups,” IBE Certificate Program, Cambridge, MA, November 2019
• “To Be or Not to Be…a Dental Services Organization,” Guest post for Dorfman, Mizrach & Thaler, May 2019
• “Unique Corporate and Regulatory Issues in Structuring Healthcare MSO Transactions,” The Healthcare MSO Conference, September 27, 2019 (Speaker)
• “Private Equity Dental Services Organizations,” Stafford Webinar, July 10, 2019 (Speaker)
• “The Anatomy of a Healthcare M&A Transaction,” Alliance of Merger & Acquisition Advisors: Long Island Chapter, June 4, 2019 (Panelist)