FOR IMMEDIATE RELEASE:
Offit Kurman Attorney Mike Mercurio represents ExpressCare in Merger with LifeBridge Health
Fulton, MD | October 31, 2013 – LifeBridge Health, one of Maryland’s largest and most progressive health care systems, and ExpressCare, Maryland’s fastest growing and second largest urgent care company, have joined forces to form a new partnership. The partnership became official October 1. “With the addition of ExpressCare, Life Bridge Health is well positioned to provide the most comprehensive continuum of care model in the state,” commented Lifebridge Health president and CEO, Neil M. Meltzer.
ExpressCare operates 10 urgent care centers located in Baltimore, Anne Arundel, Cecil, Carroll, Harford and Prince George’s counties and plans to open four more in 2014. LifeBridge Health, the corporate parent to Sinai and Northwest Hospitals, Levindale Hebrew Geriatric Center and Hospital and Courtland Gardens Nursing & Rehabilitation Center, serves more than 340,000 patients and residents a year. LifeBridge Health has served patients from every county in Maryland, all 50 of the U.S. states and over 80 countries.
Representing ExpressCare in the transaction, Offit Kurman Business Law Chair Michael Mercurio commented,”Dr. Maurice Reid, the CEO of ExpressCare, is the most entrepreneurial physician I’ve ever had the pleasure of working with. Dr. Reid vision for ExpressCare is very powerful and with the addition of LifeBridge Health as a partner, Express Care can now offer an expanded platform of resources, which will no doubt accelerate the execution of Dr. Reid’s vision manyfold.”
Said Maurice Reid, M.D. CEO of ExpressCare, “We are very excited about our new relationship with LifeBridge Health,” ExpressCare’s rapid growth is due to our focus on quality, service and convenience. It was important to me to have a partner that recognizes where the future of health care is going, that understands my quality of care and business philosophies, and that shares my vision to expand my business model across the state and region. I believe I have found just that in LifeBridge Health.”
Financial details of the transaction were not disclosed.
About Mike Mercurio
Michael N. Mercurio is a Principal at Offit Kurman and Chair of the firm’s Business Law and Transactions Group. He regularly counsels entrepreneurial individuals and assorted entities on all aspects of business and commerce, including formation and structure, ownership, management and control, financial and capital, expansion and acquisition; sale and transfer; and contraction and dissolution. He has substantial experience representing clients in technology, cyber, healthcare, government contracting arena, assisting them through growth and maturation as well as mergers, acquisitions and internal transitions. Mr. Mercurio can be reached at mmercurio@offitkurman.co. To find out more about Offit Kurman’s Merger & Acquisitions Group, please click here.
About Offit Kurman
Offit Kurman is one of the fastest-growing, full-service law firms in the Mid-Atlantic region. With over 100 attorneys in seven offices serving Washington DC, Baltimore, Philadelphia, Wilmington and Northern Virginia, the firm is well positioned to meet the legal needs of dynamic businesses and the people who own and operate them. At Offit Kurman, we are our clients’ most trusted legal advisors, the professionals who help them to maximize and protect their business value and individual wealth. In every interaction, we consistently maintain our clients’ trust and confidence by remaining focused on their objectives to help them achieve their goals.
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