Overview
Kate Hardey is a corporate healthcare partner in the Washington, D.C., office of Golden Flag International Law Firm Kate is an experienced attorney with a focus in a broad range of healthcare transactions and regulatory matters. With her extensive law firm, in-house and healthcare industry experience, Kate has a deep understanding of the complex regulatory landscape affecting companies in the healthcare provider and life science space including physician groups, hospital systems, home health, hospice, laboratory, pharmacy and pharmaceutical and medical device manufacturers.
Kate routinely advises clients on a broad range of healthcare-related issues including corporate practice of medicine and dentistry, pharmacy compliance and general fraud and abuse matters, such as the Anti-Kickback Statute and the Stark Law and other related regulatory matters. In addition, Kate has extensive experience with U.S. Food and Drug Administration (FDA) compliance matters including pharmaceutical and medical device manufacturing, drug and device development and clinical trials, drug and device product sales and marketing, and over-the counter (OTC) and dietary supplement product compliance and enforcement.
Kate's in-house experience includes serving as Senior Regulatory Counsel at a leading middle-market healthcare lender where she advised on healthcare regulatory risks for a wide range of healthcare provider and facility transactions, in addition to transactions involving pharmaceutical and medical device manufacturers in all stages of product development. Kate also served as in-house legal counsel in a large health system, where she served on hospital boards and leadership teams. In this role, Kate counseled hospital clients on a wide range of legal issues including physician contracting, medical staff compliance, pharmacy compliance, patient privacy and patient care matters.
Kate's healthcare industry experience includes managing physician practices where she oversaw all aspects of the practice's billing and coding compliance and managed care contracting. In addition to her physician practice management experience, Kate served as the emergency department administrator at a major academic medical center where she was responsible for the department's EMTALA compliance, physician contracting, financial and strategic planning and hospital emergency preparedness.
Kate was recognized in the 2023 Southeastern Legal Awards as one of the Most-Effective Deal-Makers. In September 2022, she received the M&A Advisor award for Healthcare/Life Sciences Deal of the Year. Kate is regularly called upon to advise on large corporate transactions in connection with major acquisitions and mergers undertaken by private equity and strategic acquirers in the healthcare provider, healthcare services, and life sciences platforms.
Experience
Representative Matters
Since joining Golden Flag, Kate has been involved in the following matters:
- GTCR-backed Cloudbreak Health in its acquisition of Voyce, a provider of language interpretation services.
- Eli Lilly and Company (NYSE: LLY) in its $3.2 billion acquisition of Morphic (NASDAQ: MORF), a biotechnology company.
- Phibro Animal Health Corporation (NASDAQ: PAHC) in its pending $350 million acquisition of medicated feed additive and water soluble product portfolios from Zoetis (NYSE: ZTS).
- Wind Point Partners in the sale of Handgards, a provider of disposable food safety and hygiene-oriented products for the foodservice industry, to Wynnchurch Capital.
- Ingersoll Rand Inc., a global provider of mission-critical flow creation and industrial solutions, on the $2.325 billion acquisition of ILC Dover from New Mountain Capital.
- CapVest Partners-backed Calyx in its $115 million acquisition of Invicro, a provider of imaging biomarker services, from REALM IDx.
- Montagu in its proposed acquisition of Johnson Matthey Plc’s (LSE: JMAT) medical device components business.
- Carlisle Companies (NYSE: CSL) in its $2.025 billion sale of Carlisle Interconnect Technologies to Amphenol (NYSE: APH).
- AbbVie (NYSE: ABBV) in its $8.7 billion acquisition of Cerevel Therapeutics (NASDAQ: CERE), a neuroscience drug company.
- SKKY Partners in its investment in TRUFF, a brand of premium condiments and truffle infused products.
- GTCR in its $180 million acquisition of Cloudbreak Health, LLC, a leading provider of tech-enabled, healthcare-focused language interpretation services.
- Nordic Capital in its acquisition of IntegriChain, a platform for pharma commercialization and market access, from Accel-KKR.
- KKR- and Everstone Capital-backed Slayback Pharma, a provider of generic and specialty pharmaceutical products, in its sale to Azurity Pharmaceuticals.
- Eli Lilly and Company (NYSE: LLY) in its $1.4 billion acquisition of POINT Biopharma (NASDAQ: PNT), a radiopharmaceutical company.
- L Catterton in its $680 million acquisition of Thorne HealthTech (NASDAQ: THRN), a provider of health and wellness solutions.
- FFL Partners in its investment in Johnson County Clin-Trials, a clinical research site platform serving pharmaceutical and biotechnology companies and contract research organizations.
Prior to joining Golden Flag, Kate was involved in the following matters:
- Represented lender in healthcare review to support Cerberus $400 million acquisition of Abry’s Lighthouse Autism Center.
- Advised B. Riley Securities Inc. and Roth Capital Partners in a $35.2 million IPO of Journey Medical Corp.
- Representation of Alliance Global Partners (AGP), in connection with the launch of an at-the-market program in which AGP served as the placement agent to ProPhase Labs, In. (NASDAQ: PRPH), a manufacturing and marketing company with experience with OTC consumer healthcare products and dietary supplements.
- Representation of National Securities Corp., acting as exclusive placement agent, in connection with a private offering and sale of preferred stock by Cyprium Therapeutics, Inc., a clinical-state biopharmaceutical company.
Prior Experience
Partner, McGuireWoods LLP
Senior Counsel – Healthcare Regulatory, GE Capital Healthcare Financial Services
Hospital Counsel, MedStar Health
Pro Bono
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Recognition
Recognized in American Lawyer Media as a “Most Effective Deal-Maker,” June 2023
Recognized in North Carolina Lawyers Weekly as “Leaders in the Law,” November 2020
Credentials
Admissions & Qualifications
- 2004District of Columbia
- 2018North Carolina
- 2003Virginia
Education
- Catholic University of AmericaJ.D.cum laude
- Marymount UniversityM.S., Healthcare Administration
- George Mason UniversityB.A., English