News: Crain's Chicago Business Quotes Healthcare Partner Lynn Gordon

Healthcare Partner Lynn Gordon is quoted in the Crain's Chicago Business article, "Prescription: sell practice" regarding hospitals' interest in buying physician practices during the current economic state.

According to the article, doctors are finding willing buyers in hospitals, which are seeing a dip in revenue from outpatient surgeries and other lucrative services as budget-minded patients pull back on non-essential procedures like joint replacements. Hospital executives are looking to both primary-care and specialty practices as fresh sources of referrals, says Lynn Gordon, a partner and health care attorney at Ungaretti & Harris LLP in Chicago.

"The timing for deals is ripe because of the recession," Ms. Gordon says, adding that she's heard recently from a few large suburban practices being courted by hospitals.

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