Blog

This post is part of Mooradian Law’s ongoing Healthcare Transactions Series, where we explore legal, operational, and strategic issues that matter most to providers, investors, and entrepreneurs navigating the healthcare business. In this installment, we’re tackling how you can ensure a smooth closing in healthcare M&A.

Closing is the final step of a healthcare deal when the seller officially transfers ownership to the buyer and the transaction becomes legally effective. This occurs once all parties have fulfilled contractual obligations, executed all transaction documents, dispersed funds, and have any required consents or approvals in hand. Closing logistics demand close attention—last-minute surprises can delay

This post is part of Mooradian Law’s ongoing blog series on healthcare transactions. 

At the heart of every well-structured purchase agreement are three foundational elements: representations, warranties, and covenants. These provisions allocate risk, encourage transparency, and ensure alignment between parties from signing through post-closing operations.

Representations are factual assertions made to induce the other party to enter into the agreement. Warranties are assurances that those facts are, and will remain, true—often accompanied by a remedy if they’re not. In practice, these are typically bundled together as “reps and warranties,” though they technically carry