Thomas B. Shapira

HomeThomas B. Shapira
Managing Partner

Thomas B. Shapira

Thomas B. Shapira’s practice is focused on transactional and regulatory health care matters and represents numerous physician groups with respect to the formation and/or consolidation of medical practices, physician practice sales and acquisitions, and the establishment of concierge/retainer practices.

Tom has worked with health care providers to address numerous operational issues, including the creation of exclusive provider arrangements, hospital/physician joint ventures and preparation of physician employment, compensation and governance agreements, as well as managed care provider agreements and the establishment of ancillary services/facilities, including office-based laboratories. He has also drafted physician practice management agreements and negotiated settlements and spin-offs of physician practices.

Tom has extensive experience representing corporate clients in connection with merger and acquisition transactions, employment agreements, and buy-sell, operating, and other organizational documentation. These clients represent a wide spectrum of industries, including public relations, media and marketing, physical therapy, long-haul shipping, home furnishings, insurance agencies, investment management, food brokerage, real estate development, business consulting, publishing, and retail sales.


  • University of Pennsylvania, J.D., 1992
  • Brown University, B.A., 1989


  • American Health Lawyers Association
  • American Bar Association


  • State of Illinois
  • State of Texas

Awards & Honors

  • Nightingale's Healthcare News, Outstanding Healthcare Transaction Lawyers (2007)
  • Illinois Super Lawyer (2005-2009, 2011-18)
  • Leading Lawyers (2007, 2010, 2013-2018)
  • Best Lawyers in America© in Health Care Law (2015-present)

Speeches & Publications

Co-Author, "The Three Stages of a Pysician's Career-Navigating From Training to Beyond Retirement," Greenbranch Publishing, February 2017

Presenter, Webinar: "Basics of Physician Practice Mergers, Healthcare Transaction Advisors," January 2016

Presenter, "Understanding Your Employment Agreement, Hinsdale Family Medicine Residency," Adventist Hinsdale Hospital, November 2015

Co-Author, "Outside Investment in Health Care: A Very Attractive Hot Potato," Health Care Section Newsletter, Illinois State Bar Association, September 2015

Quoted in "Vascular Interventions Have Largest Physician Site-of-Service Differential," Healthcare Transaction Advisors, Newsletter, Summer 2015

Presenter, "Advanced Issues in Concierge Medicine, 2nd Concierge Medicine Assembly," July, 2015, Atlanta, Georgia

Presenter, "Trends in the Office Based Labs Industry," Cardiovascular Systems, Inc. OBL Team dinner, August, 2014, Chicago, Illinois

Presenter, "Practice Mergers – The Drive to Consolidation," Tenth District (IN) Medical Society Annual Meeting, April 2014, Schererville, Indiana

Presenter, "Negotiating Physician Employment Agreements," Residency/Fellowship Program, Franciscan St. James Hospital, March 2014, Olympia Fields, Illinois

Presenter, "Practice Options for Illinois Physicians," Swanson Martin & Bell, LLP, February 2014, Chicago, Illinois

Presenter, "Negotiating Physician Employment Agreements," Residency/Fellowship Program, Franciscan St. James Hospital, March 2014, Olympia Fields, Illinois

Presenter, "Practice Options for Illinois Physicians," Swanson Martin & Bell, LLP, February 2014, Chicago, Illinois

Presenter, "Medical Practice Consolidation," presented at Citi Commercial Bank Health Care Outlook Seminar, September 2013

Presenter, "HIPAA: Final Regulations and Effects," webinar sponsored by CompTIA, The IT Industry Association, March 2013

Presenter, "Health Care Reform’s Impact on Providers," DuPage County Bar Association, February 2013, Wheaton, Illinois

Presenter, "Regulatory Issues for Illinois Medical Providers," Swanson Martin & Bell, LLP, November 2013, Chicago, Illinois

Contributing Editor, “Illinois Corporate Practice and Forms: The Seyfarth Shaw Manual,” Data Trace Publishing Company (2009-2013)

Presenter, "Board of Director and Compliance Responsibilities," University HealthCare Consortium, Legal & Compliance Council Meeting, October 2009, Chicago, Illinois

Presenter, "Electronic Medical Records and Litigation," University HealthCare Consortium, Insurance Council Meeting, April 2009, Las Vegas, Nevada

Presenter, "eDiscovery and Record Retention," University HealthCare Consortium, Risk and Quality Management Council Meeting, March 2009, San Antonio, Texas

Presenter, "Integration: An Opportunity for Urology Practices," Chicago Urogynecologic Society Meeting, January 2009, Chicago, Illinois

Presenter, "Health Care Disclosure Obligations," Metropolitan Chicago Healthcare Council, January 2009, Chicago, Illinois

Presenter, "Concierge/Boutique Medicine and the Law," American College of Legal Medicine, October 2008, Chicago, Illinois

Quoted in "The Concierge Model," Medical Economics, May 2, 2008

Author, "Concierge Medicine – A Viable Alternative," Much Shelist Business and Legal Quarterly, Summer 2006

Quoted in "Protect yourself before delving into concierge care," Private Payer News, August 2006

Quoted, "Attorney Participation Can Improve Hearing Process," Credentialing & Peer Review Legal Insider, November 2004

Quoted, "Physicians Can Boost Shrinking Revenues with In-House Ancillary Services," Performance Improvement Advisor, April 2004

Co-Author, "On Call Requirements under New EMTALA Rule," Chicago Hospital News, October 2003

Co-Author, "Physicians Diversify Through Ancillary Services," Chicago Hospital News, July 2003

Author, "Don't Blow Your Chance to Appeal Probationary Accreditation," Residency Program Director's Alert, Summer 2003

Presenter, "Medical Staff Peer Review Process," Central DuPage Health System, August 2001, Aurora, Illinois

Presenter, "The New Era of Compliance: Are You At Risk?" Life Services Network, January 2001, Chicago, Illinois

Co-Author, "Stark II Final Regulations Offer Liberalized Standards," Katten Muchin Zavis Client Advisory, January 2001

Co-Author, "Lawyers Can Request Satisfaction Surveys," McKnight's Long Term Care News, October 30, 2000

Presenter, "Elder Abuse and Neglect," Life Services Network, May 1998, Nashville,


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