Ep. 478 ASC vs. OBL: Legal Insights Explained with Jason Greis

Are you interested in starting an ASC or converting your OBL into an ASC, but aren’t sure where to start? We’ve got you covered with this comprehensive overview. Attorney Jason Greis joins guest host and ASC founder Dr. Krishna Mannava to explore the operational, financial, and legal intricacies of starting an ASC. Jason is a Partner of Benesch, Friedlander, Coplan & Aronoff LLP, outside co-counsel to the Renal Physicians Association and OEIS Society, and recognized faculty member of SIR Business Institute.

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SYNPOSIS

Jason and Dr. Mannava discuss crucial factors such as structural modifications, financial considerations, legal requirements, Certificate of Need (CON) states, and credentialing processes. The conversation also delves into strategic partnerships with hospitals, the role of ASC management companies, and the involvement of non-physician owners. Additionally, they explain the implications of non-compete clauses, operational challenges, investment structures, and exit strategies.

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TIMESTAMPS

00:00 - Introduction

03:11 - OBL to ASC Conversion

06:08 - Financial and Regulatory Aspects

15:35 - Ownership and Investment Strategies

29:41 - Non-Competes and Legal Risks

34:21 - Specialized Legal Advice and Conclusion

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RESOURCES

Vive Vascular:

https://www.vivevascular.com/

SIR Business Center:

https://irbc.sirweb.org/