Roger D. Strode

Partner

Overview

Roger Strode is a partner and health care business lawyer 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. Roger is a member of the firm’s Health Care Industry Team.

Roger 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.

Representative Experience

Hospital and Health System Transactions

  • Represented New York Presbyterian Health System in the reorganization of its relationship with Rogosin Institute, a leading research and patient care institute providing treatment around kidney disease
  • Represented New York Presbyterian Health System in the restructuring of its joint relationship with Weill Cornell Medical School and Memorial Sloan Kettering Hospital
  • Represented New York Presbyterian Health System in the development of a grant program aimed at the effects of Covid-19 on New York's Washington Heights community
  • Acted as lead counsel to Central Florida Health System in its affiliation with University of Florida Health-Shands Teaching Hospitals and Clinics
  • Represented Piedmont Healthcare and Piedmont Athens Regional Medical Center in the purchase of a majority interest in Surgery Center of Athens, an ambulatory surgery center joint venture between Piedmont Athens Regional Medical Center and a large group of local physicians
  • Represented Indiana University Health in the formation of a joint ventured de novo health system in Fort Wayne, Indiana
  • Represented Indiana University Health in the sale of Indiana University Health La Porte and Stark Hospitals to a joint venture company owned by Indiana University Health and Community Health Systems
  • Represented Healthcare Partners Investments, Oklahoma City, Oklahoma, in connection with a majority investment in HPI by a joint venture company owned by United Surgical Partners and Integris Health
  • Represented Scottsdale Healthcare, the parent of Scottsdale Healthcare Osborn Medical Center, Scottsdale Healthcare Shea Medical Center and Scottsdale Healthcare Peak Medical Center in its merger with John C. Lincoln Health Network, the parent of Deer Valley and North Mountain Hospitals in the formation of Honor Health
  • Represented Trinity Health in its affiliation with Catholic Health East that resulted in the creation of one of the largest health systems in the country with over $19 billion of revenue
  • Represented HonorHealth in the acquisition of the medical oncology and hematology practice of Arizona Center for Cancer Care
  • Represented Edward Health Services Corporation, the parent of Edward Hospital and Linden Oaks Hospital, Naperville, Illinois, in its merger with Elmhurst Memorial Hospital, the parent of Elmhurst Memorial Hospital, Elmhurst, Illinois
  • Represented Elyria Memorial Hospital, Elyria, Ohio, in its affiliation with University Hospitals, Cleveland, Ohio
  • Represented Lehigh Valley Health System in its proposed acquisition of 6 hospitals, then owned by Community Health Systems, in Central Pennsylvania
  • Represented Bellin Health, Green Bay, Wisconsin, in its proposed acquisition of Dickinson County Health System
  • Represented Community Health Systems in the purchase of a multi-hospital system in a Chapter 363 transaction in federal bankruptcy court valued in excess of $150,000,000
  • Represented National Surgical Hospitals in the acquisition of Optim Health, a physician owned hospital system in Savannah, Georgia
  • Represented Wheaton Franciscan Services in the acquisition of Sartori Memorial Hospital, Cedar Falls, Iowa
  • Represented Wheaton Franciscan Services in the joint venture between St. Catherine’s Hospital and Kenosha Memorial Health System
  • Represented the Sisters of Mercy Health System, North and South Carolina, in its sale to Carolinas Healthcare System n/k/a Atrium Health
  • Represented Arkansas Surgical Hospital, North Little Rock, Arkansas, in the sale of a majority interest in ASH to Medical Facilities Corporation
  • Acting as lead counsel in the formation of more than 20 joint ventured specialty hospitals

Private Equity Transactions

  • Represented Spectrum Dermatology, Scottsdale, Arizona, in connection with its recapitalization by Pinnacle Dermatology
  • Represented Troy Gastroenterology, a large GI platform company based in suburban Detroit, Michigan, in its recapitalization by HIG Growth Capital
  • Represented Advanced Ear Nose and Throat d/b/a ADVENT, a large ENT platform company based in the Midwest specializing in patients with sinus and sleep apnea problems, in a recapitalization transaction with Excellere Partners
  • Representing Maxim Healthcare Services, an Allegis Company, in the sale of Maxim Home Healthcare to Aveanna Healthcare, a Bain Capital Private Equity portfolio company
  • Represented InSight Telepsychiatry, suburban Philadelphia in connection with the recapitalization of InSight by Harbour Point Capital
  • Represented Northeast Dermatology Associates, a large platform practice in Andover, Massachusetts and parts of New Hampshire and Maine, in connection with the recapitalization of NEDA by Ontario Teachers Pension Plan and Century Equity Partners
  • Represented South Shore Dermatology in connection with the recapitalization of SSD by Phynet
  • Represented The Dermatology Group, a large platform practice located in Orange New Jersey, in a recapitalization transaction with Riverside Companies
  • Represented Cressey & Co. in its recapitalization of Gulf Coast Dermatology

Outpatient and Ancillary Services Transactions

  • Represented Neuterra Healthcare n/k/a NeuHealth in the development or acquisition of ambulatory surgery centers and physician owed hospitals in Indiana, Texas, Louisiana, Montana, Oklahoma and Arkansas
  • Represented HealthSouth in the reorganization, sale and acquisition of ambulatory surgery centers in the states of Wisconsin, Indiana, Iowa, California and Florida
  • Represented Jupiter Medical Center, Jupiter Florida, in the restructuring of Jupiter Outpatient Surgery Center
  • Regularly represent Alliance Healthcare Services in imaging, cancer and pain management transactions
  • Represent Centers for Diagnostic Imaging in various transactions and regulatory matters
  • Represented Centers for Diagnostic Imaging in a series of outpatient imaging joint venture transactions between CDI, Methodist Hospitals of Dallas and a large group of radiologists
  • Represented Centers for Diagnostic Imaging in a series of outpatient imaging joint venture transactions between CDI, Community Health Systems and a large group of radiologists
  • Represent vybe Urgent Care in transactions and regulatory matters
  • 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
  • Represented a large California-based health care system and its private equity sponsor in the acquisition of a series of physician-owned ambulatory surgery centers and affiliated management companies
  • Represented Hazelden Betty Ford Foundation in the restructuring of its physician practice
  • Represents a large (100+) group of orthopedic surgeons in a series of joint venture transactions with Hospital for Special Surgery, New York, New York

Thought Leadership

Roger lectures frequently on health law and corporate issues and he co-authored, "How to Manage Personal Finances,” a chapter published in The Academic Medicine Handbook (2013 and 2018).

Recognition*

  • Recognized in Chambers USA for Healthcare (2017 - 2021)
  • Named a Leading Lawyer by The Ambulatory M&A Advisor on the Top Healthcare Transaction Lawyers of 2014 list
  • Selected by his peers for inclusion in The Best Lawyers in America© in the field of Health Care Law (2007-2022)
  • Named one of the country’s 15 "Outstanding Healthcare Transaction Lawyers" by Nightingale's Healthcare News in 2004 and 2005

Education

  • Marquette Law School (J.D., cum laude, 1988)
  • Illinois State University (B.S., 1984)

Admissions and Professional Memberships

  • Illinois
  • Member, Illinois Bar Association (Health Law and Corporate Law Sections)
  • Vice chair, Business Transactions Group, American Bar Association (Health Law and Corporate Law Sections)

* 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.