March 19, 2020
As the 2019 novel coronavirus (COVID-19) continues to spread and disrupt American lives and businesses, the healthcare industry will experience significant practical, financial and legal challenges. As federal and local health officials move to address this crisis, private equity funds are also taking steps to support their healthcare platforms that are the front-line defenders against this pandemic.
It is critical that the healthcare industry brace itself for the full brunt of this crisis, and McGuireWoods is assisting clients as they take a number of critical steps and precautions:
Please contact the authors for additional guidance on how private equity platforms are responding to the COVID-19 pandemic. McGuireWoods has published additional thought leadership related to how companies across various industries can address crucial COVID-19-related business and legal issues, and the firm’s COVID-19 Response Team is prepared to assist during this time. We anticipate further developments in the days and weeks to come, and we stand ready to work with you on the challenges you face.