Ashley Atwood
Associate

My sharp eye for detail allows clients to take comfort in knowing I have handled their matters thoroughly and with the utmost care.

Ashley Atwood joined the Gray Reed transactional team in 2022 after working as Summer Associate at the Dallas office in 2021. Ashley focuses her legal practice on transactions primarily in the healthcare field, including regulatory advising. She also assists with general business transactional matters and corporate governance such as entity formation, mergers and acquisitions, and entity restructurings.

During law school, Ashley served as Editor-In-Chief of SMU’s Science and Technology Law Review and co-authored a research paper with Dana Taschner. She was also a member of the Phi Delta Phi International Fraternity.

Representative Experience

Transactions

  • Represented medical practice as buyer’s counsel in the purchase of assets from a jointly owned regenerative medicine and pain management clinic for $630,000. Led deal, negotiated terms of asset purchase agreement, and coordinated with the involved brokers and banks.
  • Counsel to a family medical practice in the creation and contribution to a joint venture combining multiple practices together to form a more efficient and robust medical practice with a network covering all of the Dallas-Ft. Worth metroplex. Transaction value of $36,000,000.              
  • Represented a client as seller to an asset purchase agreement who owns and operates micro-hospitals, freestanding emergency room facilities centers and urgent care and imaging centers in the sale of 12 of its Texas-based freestanding emergency room facilities, one micro-hospital and one urgent care & imaging center to a private equity-backed healthcare provider for a purchase price of $200,000,000.
  • Counsel to healthcare practice purchasing substantially all the assets of an obstetric and gynecological medical practice for $250,000.
  • Represented healthcare practice in transaction selling all assets and joining a multi-state medical practice. Transaction value of $6,100,000.
  • Represented healthcare risk management holding company in creating subscription purchase agreements and plans. Individual buy-in at $100,000.
  • Represented family practice as seller in the sale of all assets for $3,100,000.
  • Represents pediatric clinic in general corporate matters as well as transactions such as physician buy-ins, stock purchase agreements and employment agreements.
  • Represented healthcare investment group in the acquisition of a specialty hospital, subscription for individual investors between $1,200,000—$5,600,00. Created executive summary, purchase agreement and confidential placement memorandum relating to acquisition of a specialty hospital.
  • Represented healthcare entity investor (focusing on roll-up mergers) in all activities relating to a private offering to buy into the entity, including advising on the best state to re-incorporate entity to receive best tax results. Documents included LOI, subscription agreement, private placement memorandum, and contribution and exchange agreement. Cumulative transaction values exceeding $15,000,000.

Regulatory Matters

  • Advised multi-state healthcare group that contracts with government payors on compliance regarding midlevel healthcare practitioners scope of practice and necessary collaborative agreements, certifications, licensure and permits for 35 states.  
  • Represented healthcare entity that owns and operates urgent cares and free standing emergency rooms, licensed and drafted necessary documents necessary for ten free standing emergency rooms to become licensed.
  • Guided two hospitals through re-opening process and drafted all necessary agreements for licensing approval.
  • Advise healthcare entity and its management company that owns and controls urgent care groups throughout Texas on regulatory compliance issues, operational and vendor contracts, and federal investigation proceedings.

Corporate Matters

  • Drafted contribution and exchange agreement for physician.
  • Represented primary care clinic in general corporate governance matters and agreements relating to operation of the practice.
  • Represented primary care clinic in general corporate matters.
  • Represented association of oncologists and drafted all documents relating to operations such as membership buy-ins, employment agreements, professional services agreements and corporate matters with shareholders.
  • Represented ophthalmology association with all corporate matters, including associate physician’s buy-ins, as well as drafting of policies. 
Thought Leadership / News
Organizational Involvement
  • Pi Delta Phi Dallas Alumnae Club
  • Mosaic Family Services Volunteer
Education
  • J.D., cum laude, Southern Methodist University Dedman School of Law (2022)
  • B.A., cum laude, Psychology, Southern Methodist University (2019)
  • B.B.A., Finance, Southern Methodist University (2019)
Bar Admission
  • Texas, Active
When I Feel Most At Home
  • Reading- any genre.
  • Hiking or walking my dog.
  • Visting Keeneland.