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Contact Congress Over Drug Shortage Issues

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N.J. Posts ASC Inspection Reports Online

State and federal inspection reports of New Jersey's ASCs are now available online, giving patients an opportunity to make more informed choices abo...

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	Archive > January, 2005	Vol. VI, No. 1

Legal Update

All Shares Are Not Created Equal

Jerry Sokol

C. Gregory Tiemeier, Esq. How much equity in your ASC should you sell to new physician-owners? The answer is never easy, but there's a widespread perception that, from a regulatory perspective, you must offer all investing physicians the same amount of equity on the same terms. Not true. Business (as opposed to regulatory) factors should guide how much of a stake you decide to offer for sale.

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Legal/Regulatory

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ASCs; Anti-kickback Statute; Business; CON; Physicians; Proportional; Seeking; Statute; Time; amount; answer; anti-kickback; apply; base; beneficial; bring; buy; buying; center; considered; counsel; critical; decide; deciding; element; equity; essential; expected; expose; extremely; fact; factors; federal; financial; founders; fully; giving; group; guide; harbor; helpful; implications; individual; initial; interpreted; investing; investment; involved; justify; key; levels; licensure; limitations; line; long; mistakenly; note; offer; offering; offers; opening; opposed; ownership; percent; percentage; perception; perform; physician-investors; physician-owners; physicians; potential; previous; prior; profit; prohibiting; rationale; reason; regulations; regulatory; related; relative; remember; requirement; requires; reshuffling; risk; safe; seek; sell; selling; set; share; specifically; stake; subsequent; substantiate; surgery; syndication; terms; time; transaction; true; unrelated; utilization; volume; who'll; widespread; word

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