Overview
Monica A. Wallace focuses her practice on complex regulatory and transactional counseling to healthcare organizations, including health systems, hospitals, ambulatory surgery centers, physician groups, dental providers, behavioral health clients, integrated delivery systems, academic medical centers, DMEPOS and pharmaceutical manufacturers and suppliers, home health agencies, and venture capital and private equity firms and their health-related portfolio companies. Monica is a practice area leader for the Healthcare Regulatory & Compliance practice.
Monica concentrates her regulatory practice on healthcare fraud and abuse, Medicare and Medicaid enrollment, reimbursement and billing, legal assessments and audits, compliance programs, and other general regulatory matters including licensure, survey/certification and accreditation. Her transactional practice includes mergers, acquisitions and affiliations, divestitures, hospital/physician joint ventures and corporate reorganization.
Previously, Monica worked with hospital executive management at the University of Iowa Hospitals and Clinics on strategic academic medical center issues.
Results
- Developed transaction structures for compliance with state and federal regulatory requirements, including impact on Medicare enrollment and billing
- Successfully appealed Medicare revocations and other adverse actions for hospitals, DMEPOS suppliers, IDTFs and physician group practices
- Represented health systems, hospitals and physician practices who have submitted Stark Law self-disclosures
- Managed internal compliance audits and guided clients through in-depth government audits and investigations
- Served as outside general counsel to health systems and other providers
- Managed compliance program effectiveness reviews
Recognitions
- Thomson Reuters, Stand-out Lawyer – independently rated lawyers, 2024
- Chambers USA, Healthcare, 2022-2024
- Legal 500 US, Next Generation Partner, Healthcare: Service Providers, 2019-2022 and 2024
- Super Lawyers, Illinois Rising Star, 2014-2017
- Best Lawyers in America, Healthcare Law, 2020-2025
- The Ambulatory M&A Advisor, Top Healthcare Transactions Lawyers, Leading Lawyer, 2016-2017
- Leading Lawyers, Emerging Lawyer
- Northern Illinois University Honors Program Alumnus Award
- McDermott Outstanding Achievement and Commitment to Pro Bono and Service to the Community Award
- Chicago Office Pro Bono and Community Service Award
- American Health Lawyers Association Pro Bono Champion Award
Community
- American Health Lawyers Association; Accreditation, Certification and Enrollment Affinity Group-Vice Chair of Membership and Strategic Planning and Special Projects
- Illinois Association of Healthcare Attorneys
- The Field Museum, President’s Leadership Council
- Northern Illinois University Alumni Association, Board of Directors
Credentials
Education
University of Iowa College of Law, JD, with distinction, 2006
University of Iowa College of Public Health, MHA, highest academic performance, 2006
Northern Illinois University, BS, summa cum laude, 2002
Admissions
Illinois
