Peter Armstrong Egan is a partner in the New York office of the international law firm of Nixon Peabody where he represents health care industry clients in complex business transactions and with compliance and regulatory analysis. Nixon Peabody LLP is a Global 100 law firm, with more than 700 attorneys collaborating across major practice areas in 17 cities across the U.S., Europe and Asia. Peter leads the firm’s behavioral health team and oversees their health practice. An interesting statistic is that 89% of Nixon Peabody attorneys are actively engaged in pro bono work.
Peter’s practice is evenly divided between for-profit and nonprofit clients.
His work on behalf of for-profit health care companies focuses on structuring transactions to comply with federal and state fraud and abuse laws and regulatory issues such as the corporate practice of medicine.
For example, he recently assisted a health care technology client, health system, pharmacy and medical practice in structuring relationships that implicated the federal Anti-Kickback Statute and Stark Law. In addition, Peter regularly advises management companies and their provider clients on whether proposed services and compensation methodologies are permissible under state law.
Peter has considerable experience representing hospitals and medical centers on all types of corporate and regulatory matters. In particular, he provides strategic advice on practice acquisitions and physician alignment issues. He draws on considerable experience with faculty practice plans, “captive” practices and compensation pooling arrangements to help clients consider all available options.
Hospitals also turn to his team for advice with respect to compliance counseling. Peter’s work in this area includes investigating potential fraud and abuse matters, making disclosures to the United States Attorney’s Office to preempt whistleblower claims and preparing self-disclosures under the Stark Law.
His merger and acquisition (M&A) experience includes whole hospital mergers and affiliations, private equity transactions and the purchase and sale of licensed facilities including nursing homes and ambulatory surgery centers. I also assist clients in non-traditional forms of capital raising. For example, he helped structure a multi-million-dollar forgivable loan from a for-profit medical school to a New York City hospital for the purpose of refurbishing the hospital’s medical education building.
Peter completed his undergraduate studies at Columbia University and received the Juris Doctor degree from Boston College School of Law. He and his wife live in NY with their three children.