Russell Medical Center in Alexander city, Ala. entered into a management agreement with UAB Health System. The UAB Health System will have representation on the Russell Medical Board of Directors and will work in collaboration with the directors and the existing management team. Under the agreement, UABHS will assist in many of the business aspects of hospital operations, including supply chain logistics, revenue cycle management, clinical resources, and compliance issues. Russell Medical has been a strategic affiliate of UAB for several years, participating in cancer and telemedicine networks along with outreach in a number of medical specialties, including cardiovascular care, urology and surgery.
Waller represented Russell Medical and provided transaction and healthcare regulatory advice in structuring the agreement with UAB Health System.
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