Drinker Biddle & Reath LLP: Olderman Neil S

For local users in Chicago seeking highly specialized legal counsel within the dynamic and complex health care industry, Neil S. Olderman of Faegre Drinker Biddle & Reath LLP represents a leading resource. Situated at the prominent address of 191 N Wacker Dr #3700, Chicago, IL 60606, Mr. Olderman operates within a global law firm renowned for its comprehensive legal services and deep industry focus. In the "Nearby Lawyers" category, his expertise stands out, particularly for clients within the health care sector who require sophisticated guidance on transactional, regulatory, and strategic matters.

The office environment at 191 N Wacker Dr is reflective of a top-tier global law firm. Located in the heart of Chicago's financial district, this address provides a prestigious and easily accessible setting. The building itself is a modern, high-rise structure offering state-of-the-art facilities, which align with the professional standards and advanced capabilities of Faegre Drinker. Clients visiting Mr. Olderman can expect a highly professional, discreet, and efficient environment, equipped to handle complex legal discussions and strategic planning in a comfortable setting. The firm's presence in such a prime location underscores its significant standing in the legal community and its commitment to serving a diverse clientele, from large health systems to emerging health tech companies.

Neil S. Olderman's services are uniquely focused on transactional health care law, where he has developed significant capabilities in generating value for his health industry clients. His expertise extends to helping hospital and health system clients achieve favorable terms on group purchasing arrangements, capital equipment acquisition, and clinical and purchased services agreements. Drawing on his background as associate general counsel to one of the largest group purchasing organizations in the United States, Mr. Olderman is also the President of Innovative Health Strategies LLC (IHS), Faegre Drinker's procurement and outsourcing consulting firm. This dual role provides him with a distinctive blend of legal acumen and practical business consulting experience, which is a significant advantage for his clients.

His practice encompasses a broad range of health care advisory services. He counsels health care providers, medical device manufacturers, health care technology companies, and service providers on various critical legal aspects. These include licensing agreements, strategic affiliations, mergers and acquisition transactions, channel partnerships, outsourcing, and joint venture agreements. Furthermore, he advises health system, hospital, and other health care clients on critical health care regulatory and compliance matters, particularly under federal and state fraud and abuse laws and regulations. This comprehensive approach ensures that clients receive well-rounded advice covering both transactional execution and regulatory adherence.

A notable feature of Mr. Olderman's professional career is his extensive representative experience in high-value and complex transactions. He has acted as transaction counsel in numerous significant deals, including a not-for-profit hospital conversion involving a $1.5 billion asset sale, and member substitution transactions for large health systems with combined revenues exceeding $3 billion. He has also represented academic medical centers in mergers with community hospital affiliates, and community health systems in the acquisition of critical access hospitals. His experience further extends to joint operating agreements, sales of reference lab assets, and joint ventures for inpatient psychiatric programs, demonstrating his versatile capabilities in structuring and negotiating diverse health care transactions.

Neil S. Olderman's educational background includes a J.D. from The Catholic University of America, Columbus School of Law (1990), and a B.A. from Indiana University (1985). His professional affiliations include the American Bar Association, the American Health Lawyers Association, and the Illinois Association of Healthcare Attorneys. These memberships highlight his engagement with the broader legal and health care communities and his commitment to staying abreast of industry developments and best practices.

Promotional information and peer recognition further underscore Neil S. Olderman's standing. While specific individual awards are not extensively detailed in the provided information, his firm, Faegre Drinker Biddle & Reath LLP, consistently receives top rankings and accolades across various practice areas in leading legal directories such as Chambers USA and The Best Lawyers in America. Client testimonials published by Chambers USA specifically commend Neil Olderman for his expertise in transactions like sales, joint ventures, and outsourcing deals for providers, as well as his advice on regulatory matters related to fraud and abuse. Clients describe him as having "great healthcare experience and is very innovative in terms of approach to meet the needs of the client. His deep experience and innovative mind make him stand out." Others praise him as "one of the first lawyers I would call for healthcare M&A" and an "extremely commercially-minded lawyer in the healthcare world." These testimonials collectively paint a picture of a highly competent, responsive, and commercially astute legal professional.

Mr. Olderman is also frequently quoted and provides insights to prominent health care publications like Modern Healthcare, discussing critical industry trends such as hospital outsourcing arrangements and the state of hospital mergers and acquisitions. This thought leadership demonstrates his deep understanding of the evolving health care landscape and his ability to offer valuable strategic perspectives.

For local users seeking to connect with Neil S. Olderman or Faegre Drinker Biddle & Reath LLP, the firm's contact details are readily available: phone at (312) 569-1279 and mobile phone at +1 312-569-1279. These direct lines facilitate efficient communication for potential clients and collaborators. The firm's robust online presence and reputation as a major player in the legal field further enhance accessibility and provide a wealth of information about their services and expertise.

In conclusion, Neil S. Olderman, practicing at Faegre Drinker Biddle & Reath LLP in Chicago, offers highly specialized and strategic legal services to the health care industry. His deep expertise in transactional health care, coupled with his role at Innovative Health Strategies, positions him as a unique and valuable asset for hospitals, health systems, and other health industry entities. His professional environment at 191 N Wacker Dr reflects the gravitas and capability of a leading global law firm, making him a premier choice for complex health care legal needs in the "Nearby Lawyers" category.