Roger Strode is a partner with Foley & Lardner LLP where his practice focuses on health care business transactions, including mergers, acquisitions, corporate restructurings and joint ventures, general corporate matters and health care regulation. His experience includes the representation of institutional health care providers (hospitals, health systems and integrated delivery systems), large physician groups, specialty providers (ASC development organizations), health care private equity firms and industry consultants. Mr. Strode is a member of the firm’s Health Care Industry Team.
Mr. Strode has participated as lead counsel in numerous health care and corporate transactions, including the purchase and sale, or transfer of sponsorship of hospitals, health systems, physician practices and health maintenance organizations; the formation of specialty hospitals; and the formation of ancillary services joint ventures.
His representative experience includes:
- Acting as lead transaction counsel to a publicly-traded enterprise in the purchase of a multi-hospital system in a Chapter 363 transaction in federal bankruptcy court valued in excess of $150,000,000
- Acting as lead counsel to a publicly-traded enterprise engaged in the development, ownership and operation of ambulatory surgery centers, surgical and rehabilitation hospitals and outpatient rehabilitation centers
- Acting as lead counsel in a number of hospital mergers and acquisitions
- Acting as lead counsel in the formation of a clinically-integrated managed care contracting network formed by a large community hospital and a large (300+) multi-specialty medical group
- Acting as lead transactional counsel to a number of national ambulatory surgery center and specialty hospital companies
- Acting as lead health care regulatory counsel to a number of health care private equity firms
- Acting as lead counsel to several large multi-specialty and single-specialty medical groups in sales of their practices, and ancillary businesses, to hospitals and health care systems
- Acting as lead transaction counsel to a multi-hospital health care system in the development of various physician joint venture transactions, including joint ventured ambulatory surgery centers, co-management arrangements, outpatient imaging facilities and cardiac diagnostic centers
- Acting as lead counsel in the formation of more than 20 joint ventured specialty hospitals
- Acting as lead counsel in the formation of several integrated delivery systems, including one comprised of three hospitals, a 200+ physician clinic and an 80,000 member health plan
- Acting as co-lead counsel in the sale of Catholic-sponsored health system in a transaction valued in excess of $135,000,000
Mr. Strode lectures frequently on health law and corporate issues. He is admitted to practice in Illinois and is a member of the Illinois Bar Association and the American Bar Association (Health Law and Corporate Law Sections) where he served as a vice chair of the Business Transactions Group.
Mr. Strode co-authored, "How to Manage Personal Finances,” a chapter published in The Academic Medicine Handbook (2013).
Mr. Strode is listed in The Best Lawyers in America 2007-2013 (health care law) and was named one of the country’s 15 "Outstanding Healthcare Transaction Lawyers" by Nightingale's Healthcare News in 2004 and 2005. *
Mr. Strode earned his J.D. from Marquette Law School (cum laude, 1988), and his B.S. from Illinois State University (1984).
* The Illinois Supreme Court does not recognize certifications of specialties in the practice of law and no certificate, award or recognition is a requirement to practice law in Illinois.