July 24, 2019 (New York) – International law firm Proskauer represented client Beacon Orthopaedics & Sports Medicine in the launch of a national management services organization (MSO) formed with an investment from Revelstoke Capital Partners.
Beacon is one of the largest medical groups in the Ohio tri-state region and a national
leader in providing advanced orthopaedic care. Beacon has partnered with Revelstoke Capital Partners, a Denver-based healthcare services private equity firm, to launch the MSO to pursue additional partnerships with other leading orthopaedic providers.
Beacon is the only independent group in the region that offers orthopeadic services by leading physicians across all major subspecialties as well as a full complement of ancillary services including physical therapy, orthopeadic urgent care, X-ray / imaging, durable medical equipment, athletic training and ambulatory surgery. Beacon providers perform these services across eight clinics and two ambulatory surgical centers.
Beacon's physician shareholders will retain ownership through the MSO and, along with the over 550 existing employees, will continue in their current roles.
The Proskauer team included partners Lauren Boglivi and Michael Callahan and associate Brittany Perskin (Private Equity and Mergers & Acquisitions); partner David Manko and associates Jason Madden and Elizabeth Siegel (Health Care); partner Amanda Nussbaum and associate Bowon Koh (Tax); and partner Andrea Rattner and associate Oleg Zakatov (Employee Benefits).
Proskauer has a sophisticated health care practice with lawyers across different service offerings bringing unrivalled experience and a keen understanding of the industry's dynamics. Our team combines specialized health law and industry experience with specific practice concentrations that allow us to provide the full range of services for clients across the industry. We advise service providers and health plans, operators, investors and lenders, among others, in matters ranging from complex transactions and regulatory compliance to commercial litigation and defense of government investigations.