Overview
Joshua (Jed) E. Spielman has a national practice focused on the business aspects of health care law with an emphasis on mergers and acquisitions, joint ventures and contractual arrangements. Jed serves principally as counsel to private equity funds, public and private corporations, hospitals, physician practices and strategic investors in connection with a wide range of transactional, corporate, regulatory and governance matters.
Jed has devoted much of his practice to private equity transactions, including acquisitions, divestitures, growth capital investments, joint ventures, debt and equity financings, corporate restructurings and similar commercial dealings. He has also assisted clients in the development of financial arrangements and transaction structures designed to comply with federal and state health care laws, joint ventures and affiliations between health care providers, state licensure and issues related to Medicare and commercial reimbursement.
Results
- Represented upper and middle market private equity funds in various health care M&A transactions including investments in and/or acquisitions of physician practice management companies, behavioral health providers and facilities, dental services organizations, ambulatory surgical centers, urgent care facilities, home health providers, specialty pharmacies, clinical laboratories, and population health management and technology companies.
- Represented founders, physician-owned practices and other sellers of health care-related businesses to private equity funds and strategic buyers, including the sale of regional medical and/or clinical provider groups (including in the fields of ophthalmology, retina, primary care and family medicine).
- Represented Ares Capital Management with respect to its investment in Unified Women’s Healthcare, the largest provider of women’s health services in the United States, and in the recapitalization of Unified by funds affiliated with Ares Capital Management and Altas Partners.
- Represented Ares Capital Management with respect to its investment in DuPage Medical Group, a leading multi-specialty group with operations throughout the Chicago metropolitan area.
- Represented Harvest Partners as healthcare transactional counsel with respect to its investment in EyeCare Services Partners, one of the nation’s largest vertically integrated ophthalmologic services providers.
- Represented Harvest Partners as healthcare transactional counsel with respect to its investment in Advanced Dermatology & Cosmetic Surgery, a leading national dermatology practice management company.
- Represented Harvest Partners as healthcare transactional counsel with respect to its investment in Dental Care Alliance, one of the largest multi-branded dental support organizations in the United States.
- Represented Harvest Partners as healthcare transactional counsel with respect to its investments in Athletico Physical Therapy and Accelerated Rehabilitation Centers, creating one of the largest physical therapy providers in the Midwest.
- Represented Harvest Partners as healthcare transactional counsel with respect to its investment in AxelaCare Health Solutions, a leading national provider of specialty home infusion services, and in connection with the subsequent sale of AxelaCare to OptumRx, the pharmacy care services business of Optum.
- Represented Harvest Partners as healthcare transactional counsel with respect to its investment VetCor Group Holdings, one of the largest operators of veterinary hospitals in the United States.
- Represented WindRose Health Investors with respect to its investment in Bluestone Physician Services, an integrated care delivery provider serving high-risk, chronically ill patients residing in senior living, community, and other home-based settings.
- Represented WindRose Health Investors with respect to its investment in Caregiver Inc., a leading provider of long-term care services and supports to individuals with intellectual and developmental disabilities.
- Represented WindRose Health Investors with respect to its investment in Ovation Fertility, a leading provider of fertility laboratory services, and in connection with the recapitalization of Unified by funds affiliated with Morgan Stanley Capital Partners.
- Represented WindRose Health Investors with respect to its investment in Traditions Behavioral Health, a leading provider of permanent outsourced physician psychiatric services to institutional and community-based programs.
- Represented WindRose Health Investors with respect to its investment in Healthmap Solutions, Inc., a specialty health management company focused on progressive diseases with expertise in kidney populations.
- Represented Thomas H. Lee Partners as healthcare transactional counsel with respect to its investment in Curo Health Services, a leading national provider of hospice care services.
- Represented Advent International as healthcare transactional counsel with respect to its investment in ATI Physical Therapy, the largest single-branded outpatient physical therapy provider in the United States.
- Represented Goldman Sachs Merchant Banking Division as healthcare transactional counsel with respect to the sale of Drayer Physical Therapy Institute to Upstream Rehabilitation.
- Represented LightBay Capital with respect to its investment in Rancho Family Medical Group, a leading provider of primary care and family medical services in Southern California.
- Represented Kelso & Company and its portfolio company, Physicians Endoscopy, in its strategic partnership with Capital Digestive Care, and the formation of PE Practice Solutions, a physician-oriented practice management services organization serving gastroenterologists.
- Represented Gauge Capital in its strategic partnerships with multiple eyecare services providers in Southern Nevada, and the formation of Comprehensive EyeCare Partners, one of the largest vision care management services organizations in the United States.
- Represented Comvest Partners with respect to its investment in FastMed Urgent Care, one of the largest independent urgent care networks in the United States.
- Represented H.I.G. Capital with respect to its investments in Barnet Dulaney Perkins and Southwestern Eye Center, leaders in providing surgical and clinical ophthalmic care to patients throughout Arizona.
- Represented H.I.G. Capital and its portfolio company, American Vision Partners, with respect to its strategic partnership with Retinal Consultants of Arizona, the largest retina provider in the Southwest.
- Represented Team Health Holdings, a leading national provider of outsourced physician staffing services, with respect to its investments in numerous anesthesia, emergency medicine and hospitalist providers throughout the United States.
- Represented Retinal Consultants Medical Group, Northern California’s premier eye and retinal physician-care practice, in its affiliation with Webster Equity Partners and the formation of Retinal Consultants of America, a practice management organization serving retina providers throughout the United States.
- Represented Physician Associates, one of the largest multi-specialty physician practices in South Florida, in its sale to Orlando Health.
Recognitions
- Chambers USA 2018
Community
- American Health Lawyers Association
Credentials
Education
Harvard Law School, JD, 2006
Duke University, BA, magna cum laude, 2003
Admissions
Florida
New York