EXTRA CREDITS: "PT Transactions: What to Know When Selling Your Practice or Buying another Practice"

This course addresses the key information and issues that PT practice should know in the event the practice is approached by a larger company or another PT practice with interest in buying their practice, or alternatively if a PT practice is interested in expanding and buying other practices.

Key discussion points include understanding the transaction process and what to expect, key deal terms that often pop up in negotiations, and current trends in the PT market consolidation.

Chris DeGrande, Healthcare Attorney at Benesch shares his insight and expertise on "PT Transactions: What to Know When Selling Your Practice or Buying another Practice."

What to expect: 

Objectives: 
By the end of this lecture participants will be able to:

• Understand the basics of understanding the transaction process for buying or selling your practice.
• Understand certain legal language that is common in deal terms that pop up in negotiations.
• Understand current trends in the PT market consolidation.

About the Speaker

Christopher DeGrande, Healthcare Attorney at Benesch

Chris DeGrande specializes in healthcare law with a strong emphasis on physical therapy, encompassing transactional, regulatory, and corporate matters. His practice involves navigating state and federal licensing requirements, Anti-Kickback and Stark issues, corporate practice of medicine prohibitions, and transactional diligence review, all tailored specifically to the needs of physical therapy providers. With a deep understanding of the unique challenges facing this field, Chris excels in structuring and drafting contracts and transactions that ensure compliance and foster growth for physical therapy practices.

Throughout his career, Chris has demonstrated his expertise in transactional and regulatory issues across a diverse range of healthcare fields. While his focus remains on physical therapy, he has also worked with entities in hospital settings, dermatology, ambulatory surgery, orthopedics, home health, behavioral health, ophthalmology/optometry, dentistry, women’s health, telemedicine, and veterinary medicine. Prior to entering the legal profession, Chris gained valuable industry insights as a consultant at Cerner Corporation, a global leader in health information technology solutions. He further honed his legal skills through externships with the Presence Health General Counsel and the State of Illinois Circuit Court of Cook County.

Chris's comprehensive background uniquely positions him to provide strategic and informed legal counsel tailored specifically to the needs of physical therapy providers.

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This program was originally recorded September 10, 2024.

You can even earn 1 hour of CE:  

1. Purchase the recording by visiting IPTA's Virtual Library . (FREE FOR IPTA MEMBERS / CE Subscribers - log in to ipta.org so it knows who you are!) Non-member cost is $25. You can earn 1-2 hours of CE, depending on the length of program.
2. Once your transaction is completed, you will receive an email with a link to download a document containing a link to the online recording AND a link to a quiz to complete after you view the recording.
3. Watch the recording and complete the quiz. If you score 80% or better, you will receive an email notification of your CE award.  If you are an IPTA member/ CE Subscriber, your CE award will also post in your membership profile under Professional Development. If you are not yet a member, an CE certificate will be emailed to you within 7-10 business days.