Education
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DePaul University College of Law, J.D., 1980
Note and Comment Administrator, DePaul Law Review
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University of Wisconsin, B.S., 1974
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Managing Partner
312.977.4376
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Thomas M. Fahey
Tom is the Managing Partner and chairs the Healthcare and Public Finance groups. He has had extensive experience in all facets of corporate healthcare and public finance law, including serving as corporate counsel for various healthcare institutions. In this capacity, Tom has been responsible for projects involving virtually every type of health law issue, with a special emphasis in transactions and state and federal regulatory issues. In the public finance arena, he has served as counsel to borrowers, underwriters, banks, and issuers in hundreds of transactions in a wide range of taxable and tax-exempt financings.
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News
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Publications
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co-written by Dennis G. Gallitano
Created by Congress in 1989, the Federally Qualified Health Center (FQHC) program increases Medicaid and Medicare reimbursement to qualified primary care centers serving the medically and economically indigent. For many Catholic hospitals and independent outpatient facilities (particularly those serving a high proportion of Medicaid patients), the program can enhance the level and quality of services to this at-risk population. Providers should be aware that implementing the program can be a complex process and entails relinquishing direct control over the delivery of services; if the FQHC is properly structured, however, hospitals can still retain managerial, operational, and financial control.
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co-written by Anne M. Murphy
The not-for-profit hospital sector recently has been witness to a variety of efforts to curtail the scope of federal tax-exempt status and local property tax-exemption. A critical component of these proposals has been a renewed emphasis on the need for hospitals to deliver minimum levels of uncompensated care in order to preserve tax-exemption.
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Distinctions
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Chambers USA: America's Leading Lawyers for Business (2005-2008)
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The Best Lawyers in America (1991-2008)
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Illinois Super Lawyer - Healthcare (2005-2008)
Presentations
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Presenter, “Business Basics for Health Lawyers,” Illinois Association of Healthcare Attorneys’ Annual Health Law Symposium, September 10, 2008
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Presenter, “The Auction Rate Securities Crisis: Navigating the Legal Issues,” Ziegler Securities Annual Healthcare Conference, February 29, 2008
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Presenter, American Conference Institute - Regional and Mid-Size Law Firm Forum, June 26, 2007
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Presenter, American Conference Institute National Forum on Law Firm Diversity, January 29-30, 2007
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Presenter, Nonprofit Hospital Finance Conference, Bond Buyer, November 16-17, 2006
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Presenter, “Hospitals as Charitable Organizations - The Challenges Mount,” Delnor-Community Health System, September 14, 2006
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Presenter, “Respective Roles of Hospital and Parent Boards – Legal Review,” Alexian Brothers Medical Center Board of Directors, May 23, 2006
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Presenter, “Charity Care: The State and Local Climate,” JPMorgan Not-for-Profit Healthcare CFO/Investor Conference, April 7, 2006
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Chair, Illinois Charity Care Legislation: A New Health Plan for Illinois? Ungaretti & Harris Conference, February 21, 2006
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Presenter, “Partners or Foes? Competing With Doctors,” Bond Buyer 6th Annual Healthcare Finance Conference, November 2005
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Co-Chair, Healthcare M&A & Corporate Development Conference, April 2004 and May 2005
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Presenter, “Joint Venture Investment Opportunities with Investment Groups,” 2005 Mid-Market Healthcare M&A & Corporate Development Conference, May 2005
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Presenter, “Charity Care: Legal Update and Compliance Strategies,” Illinois State Bar Association, Non Profit Health Care Organizations: Responding to New Strategies, April 2005
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Presenter, “Is There Life After the Moratorium? Specialty Hospitals, Niche Providers, and Alternative Joint Venture Models,” American College of Healthcare Executives’ Congress on Healthcare Management, March 2005
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Presenter, “Charity Care Lawsuits: How Big a Risk?” Bond Buyer 5th Annual Health Care Finance Conference, October 2004
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Moderator, “Financial and Capital Sustainability,” CEO Forum hosted by Loyola University’s Institute for Health Law, September 2004
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Moderator, “New Opportunities in Healthcare,” Healthcare M&A & Corporate Development Conference, April 2004
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Presenter, “Specialty Hospitals – Killing the Golden Goose?” Bond Buyer Healthcare Finance Conference, November 2003
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Moderator, “Beyond the Sunset: The Future of Health Planning in Illinois,” Ungaretti & Harris Seminar, April 2003
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Presenter, “Healthcare Lending Forum 2002,” Risk Management Association
Memberships
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National Association of Bond Lawyers
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American Health Lawyers Association
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Illinois Association of Healthcare Attorneys
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