Waller Lansden represents inpatient rehabilitation facilities (IRFs) throughout the United States - both freestanding facilities and those operating as sub-units of acute care hospitals. The firm also provides counsel to management companies and investment groups operating in this segment of the healthcare industry. Beyond our extensive experience in transactional matters involving the sale and purchase of IRFs, our attorneys also advise clients on key issues such as the effect of Medicare's new prospective payment system for IRFs, facility certification by the Centers for Medicare and Medicaid Services (CMS), compliance with CMS' hospital-within-a-hospital standards, conversion of general acute care beds to IRF beds, and compliance with CMS's evolving 75% Rule for IRF admissions.