Amber McGraw Walsh Partner

As the Chairwoman of the firm's Healthcare Department, Amber Walsh chairs one of the largest healthcare practices in the United States and is a leader in promoting the advancement of women in the private equity sector.

Focusing her practice on corporate healthcare transactional work and regulatory matters, she represents healthcare providers such as hospitals, health systems, dialysis facilities, multi- and single-specialty medical practices, specialty hospitals, ambulatory surgery centers, and a variety of healthcare industry entrepreneurs, in sales and acquisitions, joint ventures, general corporate matters, contracting, securities, and regulatory matters.

Her work includes negotiating and drafting transaction documents and counseling clients with regard to the legal aspects of day-to-day operations, including general corporate matters; anti-kickback and Stark issues; self-referral, corporate practice of medicine and fee-splitting prohibitions; HIPAA, certificate of need and licensure requirements; and state and federal securities matters. In 2017, Amber was named to Mergers & Acquisitions magazine’s list of “The Most Influential Women in Mid-Market M&A.”

As one of the principal drivers behind McGuireWoods’ healthcare private equity initiatives, Amber co-chairs the firm’s annual Healthcare and Life Sciences Private Equity and Finance Conference, one of the largest private equity events in the U.S. healthcare market, which facilitates deals by connecting investors with surgery centers, dialysis facilities, physician practices and other industry players.

A recognized thought-leader in the healthcare/M&A and private equity arenas, Amber co-authors a regular Law360 column covering middle market healthcare and life sciences deals , co-writes McGuireWoods’ The Healthcare Investor blog, and is the lead author on a series which spotlights women private equity leaders.

  • Washington University in St. Louis, JD, Executive Notes Editor, Washington University Law Quarterly, 2002
  • The University of Kansas, BA, Biology, Phi Beta Kappa, 1999

Board of Directors, TaTa Sisterhood Foundation

Member, American Health Lawyers Association

Member, St. Louis Health Lawyers Association

President, St. Louis Alumnae Association, Alpha Delta Pi

  • Speaker, A Healthcare Industry Primer for Private Equity Professionals , November 28, 2018
  • Moderator, "The Ever-Increasing Importance of Healthcare IT as an Investment – What Every Investor Needs to Know," 15th Annual Healthcare and Life Sciences Private Equity and Finance Conference, February 22, 2018
  • Moderator, "Key Thoughts on Financial and Capital Strategy and Planning," 6th Annual CEO + CFO Roundtable, Becker's Hospital Review, Chicago, Illinois, November 2017
  • Speaker, "Lessons Learned From the 2017 Executive Summit," Physician Hospitals of America Members Webinar, November 2017
  • Speaker, "Center for Medicare & Medicaid Innovation (CMMI) Opportunities for Hospitals," 2017 PHA Executive Summit, Asheville, NC, October 2017
  • Speaker, "PE Investments in Physician Practice and Dental Management Companies," Kayo Womens Private Equity: 5th Annual Conference, October 2017
  • Semi-Keynote, "Healthcare Trends 2018," 3rd Annual Health IT Revenue Cycle Conference, Becker's Hospital Review, September 2017
  • Panelist, Business Strategies for Healthcare and Beyond, McGuireWoods LLP Webinar, August 2017
  • Moderator, "Repeal and Replace of the (Un)Affordable Care Act and Other Hot Policy Issues for Vascular Access Centers, Nephrology Providers and Dialysis Organizations," 15th Annual Business and Legal Issues in Dialysis and Nephrology Symposium, May 2017
  • Speaker, "Key Considerations for Identifying Conflicts of Interest and Implementing Conflicts Disclosure Requirements," Physician Hospitals of America Members Webinar, April 2017
  • Moderator, "Deep Dive into Veterinary Medicine & Related Investments," 14th Annual Healthcare and Life Sciences Private Equity and Finance Conference, February 2017
  • Moderator, "Leadership and Management: What Does it Mean to Be a Great Leader? What Are You Most Proud of as a Leader? How You Stay Motivated and More!," Becker's Hospital Review 5th Annual CEO + CFO Roundtable, Chicago, IL, November 2016
  • Speaker, "Leadership and Management - What are you Most Proud of? How Do You Stay Motivated?," Becker’s ASC 23rd Annual Meeting: The Business and Operations of ASCs, Chicago, IL, October 2016
  • Speaker, "Best Practices for POH Disclosures to/for Patients, Websites, Advertisements, and CMS," Physician Hospitals of America Webinar, October 2016
  • Moderator, "Ten Hot and Emerging Healthcare Subsectors," Kayo Women’s Private Equity Conference, October 2016
  • Program Committee Member and Speaker, "Top Nine Legal Issues Facing Physician-Owned Hospitals in 2016" and "M&A in the Physician-Owned Hospital: Maximizing Value in Appropriate Legal Structures," 2016 PHA Executive Summit, September 2016
  • Moderator, "Industry Fragmentation, Consolidation and Affiliations," 14th Annual Business and Legal Issues in Dialysis and Nephrology Symposium, May 2016
  • Co-speaker, "Medical Ethics Mitigating Genetic Counselor Conflict of Interest and Legal Compliance," National Society of Genetic Counselors Member Webinar, May 2016
  • Co-speaker, "Inpatient Engagement Compliance: Understanding the Risk and Best Practices for Hospitals," Physician Hospitals of America Member Webinar, April 2016
  • Moderator, "Healthcare CEO Roundtable," 13th Annual Healthcare and Life Sciences Private Equity and Finance Conference, February 2016
  • Speaker, "A Primer for any Specialty with a Spotlight on Dermatology and Anesthesia/Pain Management," Physician Practice Mergers, McGuireWoods Webinar, October 2015
  • Program Committee Member and Speaker, "Regulatory Update," PHA Executive Summit, October 2015
  • Moderator, "Keys to Keeping Surgery Centers a Profitable Business" and "Selling Your ASC, Valuation, Compensation, Non Competes, Legal and Process Issues," 13th Annual Spine, Orthopedic and Pain Management-Driven ASC Conference, June 2015
  • Moderator, "Business and Legal Considerations for Nephrology Practice Sales, Mergers and Acquisitions," 13th Annual Business and Legal Issues in Dialysis and Nephrology Symposium, April 2015
  • Speaker, 12th Annual Healthcare and Life Sciences Private Equity and Finance Conference, February 2015
  • Co-speaker, Physician Practice Mergers: A Primer for Any Specialty, McGuireWoods LLP Webinar, November 2014
  • Speaker, "Keys to Keeping Surgery Centers a Profitable Business” and “Anesthesia Arrangements with ASCs - Trends & Issues," The Business and Operations of ASCs, Becker's ASC 21st Annual Meeting, October 2014
  • Speaker, "Top Ten Legal Issues Facing Physician-Owned Hospitals," PHA Annual Conference, September 2014
  • Speaker, "Legal Considerations in your Anesthesia, Pathology and Other Physician Contractual Relationships," MASCA 2014 Annual Meeting, September 2014
  • Moderator, "Never-Seen-Before Provider Care Sprouts: How Private Equity Investors May Leverage Returns Through the Unfolding of a New Kind of Supply Chain," Private Equity Investment in Provider Healthcare, iGlobal Forum, June 2014
  • Moderator, "Impact of Evolving Managed Care," 12th Annual Business and Legal Issues in Dialysis and Nephrology Symposium, May 2014
  • Speaker, "Physician Integration - Best Practice for Great Groups," Becker's Hospital Review 5th Annual Meeting, May 2014
  • Moderator, "Physician Consolidation and Employment Trends: Opening New Opportunities or Posing Challenges for Investments in Physician Services, PPM and Dental Practice Management Businesses?," 11th Annual Healthcare and Life Sciences Private Equity and Finance Conference, McGuireWoods LLP and McGladrey LLP, February 2014
  • Speaker, Physician/Hospital Integration Strategies – Which Approach is Right for You?, McGuireWoods LLP Webinar, January 2014
  • Speaker, Surgical Hospital of Fresno Meeting, Fresno, CA, January 2014
  • Moderator, "What is the Impact of Health Care Reform on ASCs and Group Practices - All Clouds or Silver Lining Too?," Becker’s Hospital Review Annual Chief Executive Officer Strategy Roundtable, November 2013
  • Speaker, "Should you Sell Your ASC? Valuation, Operating Agreement, Non Competes, Legal and Process Issues," 20th Annual Ambulatory Surgery Centers Conference, October 2013
  • Speaker, "Top Ten Legal Issues Facing Physician-Owned Hospitals," PHA Annual Conference, September 2013
  • Speaker, "Compliance: Ownership, Redemptions, HIPAA," Annual ASD Management Conference, September 2013
  • Moderator, "The Best Ideas for Orthopedics Now," 11th Annual Orthopedic, Spine and Pain Management Driven ASC Conference, June 2013
  • Speaker, American Renal Associates - Roundtable Discussions, June 2013
  • Moderator, "Physician Integration and Relationships," 11th Annual Business and Legal Issues in Dialysis and Nephrology Symposium, May 2013
  • Speaker, "Key Legal Issues Facing Physician Owned Hospitals" and "Valuing and Assessing Co-Management Relationships," Becker’s Hospital Review 4th Annual Meeting, May 2013
  • Speaker, "Representing Private Equity Sponsors in Healthcare Transactions: Best Practices for Due Diligence," ALI-ABA Webinar, April 2013
  • Speaker, "Sales, Joint Ventures, Specialties, Turnarounds and Other Key Issues," Ambulatory Surgical Center Trends, March 2013
  • Moderator, "The Future of and Opportunities in the Pharma Industry – Trends and Issues," 4th Annual Medical Device and Life Sciences Conference , McGuireWoods Seminar, November 2012
  • Co-moderator , "ASC Direct Marketing Strategies," Becker's ASC Review – 19th Annual Ambulatory Surgery Centers Conference, October 2012
  • Speaker, "Top 10 Issues Facing Physician-Owned Hospitals Today," Physician Hospitals of America Annual Meeting, September 2012
  • Speaker, "The Best Ideas Now; Key Ways to Improve Physician Owned Hospital Profits," 10th Annual Orthopedic, Spine and Pain Management-Driven ASC Conference: Improving Profitability and Business and Legal Issues, June 2012
  • Speaker, "Physician Owned Hospitals - Adding Ancillaries, Reducing Costs and Legal Compliance," 10th Annual Orthopedic, Spine and Pain Management-Driven ASC Conference: Improving Profitability and Business and Legal Issues, June 2012
  • Speaker, "Valuing and Assessing Co-Management Relationships," Becker's Hospital Review Annual Meeting, May 2012
  • Speaker, "Medical Directors Under Conditions for Coverage," 10th Annual Business & Legal Issues in Dialysis & Nephrology Symposium, May 2012
  • Speaker, "Physician Hospitals of America Membership – Key Issues Facing Physician-Owned Hospitals Today," PHA Webinar, April 2012
  • Moderator, "ASC, Dialysis and Urgent Care, an Investor/Lender Deep Dive," 9th Annual Healthcare & Life Sciences Private Equity & Finance Conference, McGuireWoods LLP and McGladrey LLP, February 2012
  • Speaker, "Key Legal Issues and Legal Compliance Boot Camp," 18th Annual Ambulatory Surgery Centers Conference, October 2011
  • Speaker, "Key Legal Developments Facing Hospitals," and "Anti-Kickback and Other Issues in the Sale of Equity to and Contracts With Physicians," PHA Annual Conference, September 2011
  • Moderator, "Best Practices in Healthcare M&A," St. Louis Healthcare M&A Conference, September 2011
  • Speaker, "Key Legal Issues Facing Physician-Owned Hospitals," Orthopedic, Spine and Pain Management-Driven ASC Conference, June 2011
  • Speaker, "Key Legal Issues Facing Physician Owned Hospitals" and "Valuing and Assessing Co-Management Relationships," Becker Hospital Review Annual Meeting: ACOs, Physician-Hospital Integration, Improving Profitability and Key Specialties, May 2011
  • Speaker, "Preparing Healthcare Portfolio Companies for Market: Key Deal Structure & Preparation Steps," Webinar, March 2011
  • Co-speaker, Preparing Healthcare Portfolio Companies for Market: Key Deal Structure & Preparation Steps, Healthcare Private Equity Wednesday Webinar Series, March 2011
  • Speaker, "Changes in Delivery of Care & Reimbursement Methodology: ACOs, Payment Bundling & Pay for Performance," 8th Annual Healthcare & Life Sciences Private Equity & Finance Conference: Building Value in Healthcare and Life Sciences Investments, February 2011
  • Moderator, "Preparing for Deals: Due Diligence, Compliance Planning & Other Issues," 2nd Annual Medical Device, Durable Medical Equipment & Diagnostics Conference: Key Business & Legal Issues for Manufacturers & Distributors, McGuireWoods LLP Seminar, November 2010
  • Speaker, "Disclosure and Other Legal Requirements Under Section 6001 of PPACA," Physician Hospitals of America Conference: Next Steps for Physician Owned Hospitals, May 2010
  • Speaker, "The Brave New World of Renal Services – Physician Strategies and Response," 8th Annual Business & Legal Issues in Dialysis & Nephrology Symposium, McGuireWoods LLP Seminar, May 2010
  • Speaker, Dialysis & Physician Practice Management Investments - Key Business, Deal Structure & Diligence Issues, March 25, 2010
  • Moderator, "Impact of Healthcare Reform on Outpatient Services: ASC, Dialysis & Oncology," 7th Annual Healthcare and Life Sciences Private Equity & Finance Conference: Healthcare and Life Sciences Investing: The Road to Recovery, February 2010
  • Speaker, "Red Flag Rules, HIPAA Updates and Compliance Plans," ASC Review/ASCA Fall Conference, October 2009
  • Speaker, "Recent Updates re Codey Law, Under Arrangements Models and Per Click Leasing," ASC Review/ASCA Orthopedic, Spine and Pain Management Driven ASC Conference, June 2009
  • Speaker, "Dialysis Program Acquisitions and Divestitures," 7th Annual Business & Legal Issues in Dialysis & Nephrology Symposium, McGuireWoods LLP Seminar, May 2009
  • Speaker, "Safe Harbor Issues: Key Federal and Texas Law Updates," Texas ASC Association Annual Meeting, November 2008
  • Speaker, "Joint Venture Models and Missouri Law Updates," Missouri ASC Association Annual Meeting, October 2008
  • Speaker, Spotlight on Missouri Healthcare Teleconference: Tax Exempt Entities, August 2008
  • Speaker, "Challenges to Physician Ownership in ASCs and Hospitals," Orthopedic, Sine and Pain Management Driven ASC Conference, June 2008
  • Panelist, "Understanding and Negotiating a Spin-Off or Divestiture from a Large Health Care Company," 5th Annual Health Care Private Equity and Lending Conference: The Intersection of Health Care and Wall Street, April 2008
  • Speaker, "Physician-Hospital JVs and Under Arrangements Issues," Teleconference, March 2008
  • Speaker, "Spotlight on Missouri Healthcare: HIPAA Updates and Using a HIPAA Compliance Plan," Teleconference, February 2008
  • Speaker, "Privacy and Security Rule Updates under HIPAA and State Law for Missouri Health Care Providers," Teleconference, December 2007
  • Speaker, "Pros and Cons of Selling Your Dialysis Facilities," 6th Annual Business and Legal Issues in Dialysis and Nephrology Symposium, October 2007
  • Speaker, "Medical Staff Credentialing and Other Bylaws Issues for Providers in Missouri," Teleconference, October 2007
  • Speaker, "Spotlight on Missouri Health Care: Key Issues in Health Care Provider Joint Ventures," Teleconference, August 2007
  • Speaker, "Updates re the Codey Law, Under Arrangements and Physician-owned Hospitals," Orthopedic, Spine and Pain Management Driven ASC Conference, June 2007
  • Panelist, "Funding the Platform," 4th Annual McGuireWoods Private Equity Investment in Health Care Conference, March 2007
  • Panelist, "Wall Street Update: Health Care Investment Opportunities from the Legal and Financial Community," FreeStanding 100, March 2007
  • Speaker, Physician Hospital ASC Joint Ventures, Teleconference, March 2007
  • Speaker, "Academic Medical Center Joint Ventures Update," SG2, November 2006
  • Speaker, "Selling Shares in an ASC," 13th Annual Ambulatory Surgery Center Conference, October 2006
  • Speaker, "Healthcare & Information Technology - Private Equity Investment in Healthcare: Key Trends & Nitches for 2006," McGuireWoods Private Equity Dinner, March 2006
  • Speaker, "Update on Private Equity Investment in Healthcare," McGuireWoods Private Equity Luncheon, February 2006
  • Speaker, "Valuations in the Sale of Dialysis Facilities," Business Valuations Association, November 2005
  • Speaker, "Key Legal Considerations for Ambulatory Surgery Centers," Idaho State Association of Ambulatory Surgery Centers, September 2005
  • Missouri
  • Illinois

Selected for inclusion as a "Leading Lawyer" in Healthcare, Chambers USA, 2018

Named one of "The 2017 Most Influential Women in Mid-Market M&A," Mergers & Acquisitions magazine, 2017

Selected for inclusion as a "Leading Lawyer," Healthcare: Service Providers, Legal 500 US, 2016-2018

Named to "Illinois Rising Stars," Healthcare, Super Lawyers, Thomson Reuters, 2011

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