A Deeper Dive: Health Care Transactions

John Garver presented at the American Health Lawyers Association's "Fundamentals of Health Law" national conference. His session, "A Deeper Dive: Health Care Transactions," included:

• Indemnification, including the theory behind it, the effect of deal structures on it and its component parts
• The meaning and correct use of corporate deal terms commonly found in health care transactions (e.g., commercially reasonable v. best efforts, material v. MAE, etc.)
• Financial terms and how they relate to the business and the transaction (e.g., EBITDA, working capital and other purchase price components, financial statements and unique mechanics like earn outs, escrows and holdbacks)
• Best practices for “getting the deal done” from term sheet to closing, including typical crisis points, expecting the unexpected and simple ways for young lawyers to add value all along the way