November 30, 2015 (NEW YORK) – We represented MEP Health, a Maryland-based physician emergency medicine group, in its agreement to merge with U.S. Acute Care Solutions (USACS). MEP partners will receive a combination of cash and USACS rollover equity.
MEP, which currently comprises approximately 130 board-certified emergency physicians and approximately 110 physician assistants and nurse practitioners, treats more than 500,000 patients annually in nine medical facilities across the Mid-Atlantic region.
USACS was founded in May 2015 by Emergency Medicine Physicians, a leading physician-owned emergency medicine practice, and private equity firm Welsh, Carson, Anderson & Stowe. It offers emergency medicine groups business support, industry resources and capital backing, and will be majority-owned by physicians. In October, Colorado-based Emergency Physicians at Porter Hospitals became the second USACS founding partner, and MEP is now the third.
Joining forces with USACS and Welsh Carson should provide MEP with the size and scale to grow, as well as a broader base of services to offer patients and health systems.
Richard Zall led a multidisciplinary Proskauer team that included Michael Callahan, Marjan Elbaum, Nancy Kil and Danielle Mubarak (Private Equity/Mergers & Acquisitions), Amanda Nussbaum and Jamie Bowles (Tax), Michael Album, Joshua Miller and Elliot Katz (Employee Benefits & Executive Compensation), Julia Bienstock (Health Care) and John Ingrassia (Antitrust).