When a large healthcare organization – such as a hospital group or network of clinics – purchases a private medical practice, Babcock Holloway Caldwell & Stires can prepare the professional services agreement (PSA) on behalf of the medical practice being acquired. Items addressed frequently include reimbursement rates, physician compensation, administrative expenses, and documentation requirement for hours of service. Regulatory compliance with the Stark Law, the Anti-Kickback Statutes, HIPAA, and state regulations are also addressed.