NEWS
Paul Hastings Represents St. Joseph Heritage Healthcare in the Acquisition of MIMG
December 03, 2012
Los Angeles, CA Paul Hastings LLP, a leading global law firm, announced today that the firm represented St. Joseph Heritage Healthcare (Heritage) in the purchase of substantially all of the assets of Mission Internal Medical Group, Inc., a California professional medical corporation (MIMG), which owns and operates a comprehensive, multi-specialty medical practice and conducts such practice in several office locations in southern Orange County, California.
As part of the acquisition, St. Joseph Heritage Healthcare purchased of all of the membership units in MIMG Medical Management, LLC, a California limited liability company (MMM) which owns and operates a medical group management services business.
The goal of the transaction was to further the parties shared vision of enhancing and expanding the provision of healthcare in Orange County and beyond for those patients served by the parties. The purchase, which took effect on November 1, 2012 entered Heritage and MIMG into a long-term professional services agreement through which physicians will provide primary and multi-specialty professional medical services to Heritage patients, and administrative, education and research services on behalf of Heritage, and Heritage will provide various administrative functions for MIMG.
Healthcare partner James Owens and associate Josh Hill led the Paul Hastings team on the transaction.
Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.
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Becca Hatton