Healthcare partner Douglas B. Swill joined Sheppard, Mullin, Richter & Hampton’s Chicago office. Swill is the 14th lateral partner to join Sheppard Mullin’s healthcare team over the last three years. He was most recently a partner at Faegre Drinker Biddle & Reath.
“We are thrilled to welcome Doug to the firm,” Luca Salvi, chair of Sheppard Mullin, said. “He has deep experience and a strong track record of helping a broad array of healthcare clients grow and innovate through strategic mergers, affiliations and alliances, including in-market as well as cross-market transactions, that align with their business goals and vision while also navigating the slalom course of federal and state regulatory and corporate governance issues.”
Swill has more than three decades of experience leading complex transactions for nonprofit and for-profit health systems, hospitals and medical groups and facilitating health system combinations, joint ventures and private equity investments. He has advised nonprofit health and hospital systems throughout the U.S. in M&A every year for the last 30 years. During the same period, he advised health systems and hospitals as well as medical groups in numerous physician and medical group acquisitions and roll-ups, and advised on related corporate structuring for physician integration, alignment and physician compensation arrangements.
“I’m excited to be joining a firm whose comprehensive healthcare practice will allow me to do impactful work for new and existing clients during these challenging but strategic times for health systems,” Swill said. “I have had the privilege to represent healthcare institutions in Chicago, throughout Illinois and around the country, and the depth and spectrum of experience at Sheppard Mullin as well as the deep understanding of value- and risk-based reimbursement issues in the industry is like no other firm.”
Sheppard Mullin’s healthcare team has advised on18 hospital purchase and sale transactions over the last 18 months, including UCI Health’s acquisition of Tenet Healthcare Corporation’s Pacific Coast Network. The firm also has been adding capabilities, including healthcare antitrust, regulatory, real estate, technology transactions and digital health/AI, labor and employment, nonprofit governance, tax including tax-exemption, and physician alignment.
“In today’s healthcare environment, continuing to grow our practice with practitioners with deep roots in the field to support these needs for our clients is a priority for the firm. Doug is widely respected for his ability to understand the landscape of value-based healthcare industry and help clients take advantage of opportunities to provide premium care and sustainable financial performance,” Eric Klein, Sheppard Mullin’s Healthcare industry team leader, said.
“There is a growing need for attorneys with Doug’s capabilities to facilitate high-stakes transactions for our clients,” Jeralin Cardoso, leader of the firm’s corporate practice, said. “Doug’s experience makes him a timely addition to expand our M&A capabilities.”
