Matters

Frank has either served as the firm’s leader or had significant involvement in numerous complex and substantial transactions, including: 

  • Representation of a national nonprofit health system in a merger with a nonprofit public-benefit corporation that operates hospitals and ancillary care facilities. This complex transaction took more than two years to complete. In addition to the traditional and extensive work required in negotiating and documenting a transaction of such magnitude, it also required negotiating and seeking approval of multiple states' Attorneys General, the FTC and DOJ for antitrust clearance and multiple licensing agencies in multiple states. The resulting entity has more than $30 billion in annual revenue, 142 hospitals, 150,000 employees and more than 700 sites of care across 21 states, making it one of the largest health systems in the country.
  • Representation of an asset manager in connection with its majority sale of the ownership interests of a mutual fund complex.
  • Representation of a national nonprofit health system in the acquisition of five hospitals and a number of related clinics and operations. 
  • Representation of a national nonprofit health system in the sale of two urban hospitals and related clinics to a state governmental organization.
  • Representation of an academic medical center in connection with its acquisition of the assets of an acute care psychiatric hospital.
  • Representation of a large regional nonprofit health system in the sale of its health plan.
  • Representation of a faith-based health system in a change of sponsorship of its state­wide ministries.
  • Representation of an academic medical center in its acquisition of the membership interests of two community hospitals.
  • Representation of a national nonprofit health system in the acquisition of four different health plans doing business in several states.
  • $2.4 billion merger of several faith-based tax-exempt hospitals and an academic medical center into a state-wide integrated delivery system.
  • $1.6 billion combination of a data analytics company and a business supply chain company.
  • Sale of substantially all of the assets of a reference laboratory to a national and publicly traded company.
  • Acquisition of a home health agency operating in multiple states by a national tax-exempt integrated delivery system (purchase price confidential).
  • Representation of the special committee of the Board of Trustees of a major non­profit organization in a complex internal investigation and its successful resolution.
  • Acquisition of a minority position in a nationally prominent hospital revenue cycle organization by a national tax-exempt integrated delivery system (purchase price confidential).
  • Acquisition of a controlling interest in a Medicare Advantage Health Plan by a national tax-exempt integrated delivery system (purchase price confidential).
  • Acquisition of a physician-owned hospital by an Academic Medical Center (purchase price confidential).
  • $540 million sale of assets of a privately held medical device manufacturing business, with operations in the U.S., Great Britain and Canada, to a publicly traded Fortune 20 company.
  • $750 million negotiation and regulatory approval for an assumption reinsurance agreement/portfolio transfer agreement.
  • Acquisition of the world's largest sports, entertainment and venue architecture practice from its privately held parent company (purchase price confidential).
  • Acquisition of all of the assets of the nation's second-largest seminar and continuing education organization by a nonprofit, tax-exempt Catholic University (purchase price confidential).
  • $40 million sale of a physician-owned Health Maintenance Organization.
  • $300 million transfer of an academic medical center and negotiation of numerous affiliation agreements.
  • Acquisition of two AM radio stations in two large urban markets.
  • Acquisition of a mutual fund registered investment advisor (purchase price confidential).
  • $400 million negotiation and drafting of a multi-year affiliation agreement for an academic medical center and related professional service agreements.
  • $185 million sale of company selling and administering insurance coverage for wireless phones and equipment.
  • Sale of a large CNN licensed radio station in a top 10 United States metropolitan area.
  • $70 million sale of all assets of an Internet-based marketing firm.
  • $35 million sale of a Medicaid HMO.
  • $20 million purchase of a medical device product line.
  • $15 million sale of an 80-physician multi-disciplinary clinic and related employment agreements for all 80 physicians.
  • $20 million acquisition of an outpatient cancer facility by an academic medical center.
  • Acquisition of the stock of two large physician groups and related employment agreements for 30 physicians by an academic medical center.
  • $50 million sale of a surgical products/devices product line.
  • $50 million acquisition of stock owned by minority shareholders of a medical device manufacturing company.
  • $30 million sale of all of the assets of a technology-driven manufacturing company with operations in Mexico and the U.S.
  • Sale of the stock of a large multi-discipline 75+ physician-owned clinic to a large tax-exempt integrated delivery system and related employment agreements for 80 physicians.