FR EA

Extract to table

Pull the structured facts out of a document: parties, dates, amounts, obligations.

Extract to table / healthcare-regulatory-diligence-memo.docx
healthcare-regulatory-diligence-memo.docx · 1001-00007

Parties

CRANE LLP
Harkness LLP
Ardent Capital Management III LLC
Ardent Healthcare Holdings Inc
Ardent Capital Partners III LP
Simms LLP
Blackwell Thornton LLP
Because Ardent Healthcare Holdings Inc

Dates

January 28, 2025
January 15, 2025
January 6, 2025
January 22, 2025
February 5, 2025
April 15, 2025
September 30, 2025
December 31, 2025
June 30, 2025
March 31, 2025

Amounts

$620,000,000
$4,200,000
$15,000
$62,000,000
$285

Obligations

CHOW applications must be filed with the applicable Medicare Administrative Contractor within thirty (30) days following the closing date
The ADPH must be notified of the proposed change, and a new license application must be submitted
The applicant must submit a change-of-ownership application, including identification of the new owner, evidence of financial viability, and compliance history
The application must include detailed information about the new owner, its management structure, financial capacity, and healthcare compliance history
Kentucky does not provide for a simple "transfer" of an existing license; rather, the new owner must apply for and receive a new license, and the existing license is surrendered upon issuance of the new license
However, failure to satisfy a safe harbor does not automatically mean that an arrangement violates the AKS — it simply means that the arrangement must be evaluated on its specific facts under the statute's general prohibition