2023 Ohio Health Care Association Convention and Expo

Tuesday, May 23, 2023 | 7:15 A.M. - 5:15 P.M. ET

Speaking Engagement

The Columbus Convention Center

400 North High Street

Columbus, OH 43215

McDonald Hopkins' Todd Baumgartner will be presenting on "Surviving in 2023: Affiliation & Financing Options" at the Ohio Health Care Association's annual Conference and Exposition in Columbus, Ohio.

The presentation will cover the pros and cons for several financing options for long-term care facilities.

HUD financing – Analysis of Bridge to HUD and HUD financing option including eligibility and .
Traditional Lender – Review of financing terms from a traditional lender.
Factoring/Accounts Receivable Financing – Cover options for entities experiencing cash flow issues and the ability to bring in additional financing options.
Affiliation process – Provide an overview of the affiliation/sale process including engaging an outside advisor and the time it takes to complete the process. We will cover the right time to begin a process and signs that you need to begin looking at a sale as an option. We will summarize the transaction structure of a facility or a portfolio with multiple facilities, including asset purchase versus a stock purchase and the tax treatment of a transaction. Finally, we will discuss risk allocation and favorable deal terms for buyers and sellers.

For more information click here.

Skilled nursing facilities will soon be required to significantly expand their reporting of ownership and control information on newly updated CMS-855A forms. Private equity companies and other organizations like real estate investment trusts have been named as one of the reasons that the expanded reporting for SNFs has been implemented. As such, these organizations should be aware that they may be a part of this reporting through a number of routes.

Over the past 24 months, the U.S. Department of Health and Human Services Office for Civil Rights has brought notable enforcement efforts against several non-profit covered entities and business associates, resulting in instances of six and seven-figure penalties against providers across the county for incidents involving breaches of protected health information.

A new amendment to New York state law, which would have required all healthcare providers to obtain separate consents from patients for treatment and payment is on hold until further guidance is released, according to the New York Department of Health.

2023 Ohio Health Care Association Convention and Expo

Speakers

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