Colbey Reagan is an attorney in Holland & Knight's Nashville office and is the co-leader of the firm's Healthcare Regulatory & Enforcement practice. Mr. Reagan advises healthcare providers on Stark Law and Anti-Kickback Statute compliance, false claims, fraud and abuse, compliance, licensing and certification, healthcare privacy, reimbursement and other regulatory issues affecting providers of healthcare services. He also assists clients facing compliance, billing, data breach and other government investigations.

Clients that seek Mr. Reagan's advice and counsel include:

  • psychiatric hospitals
  • residential treatment facilities
  • substance use treatment providers
  • disordered eating treatment providers
  • ambulatory surgery centers
  • home health agencies
  • hospice providers
  • acute care hospitals
  • outpatient treatment providers
  • private equity and healthcare specialty finance firms
Prior to joining Holland & Knight, Mr. Reagan was a partner at a large U.S. law firm in its Nashville office, where he served on the firm board of directors. Previous to this role, he was deputy general counsel of a publicly traded, nationwide operator of behavioral and substance use treatment facilities, where he was responsible for advising the company and its facilities regarding compliance with state and federal healthcare regulations, physician relationships, reimbursement disputes, licensing and certification, mergers and acquisitions (M&A), corporate litigation, and numerous other challenges faced in the day-to-day operation of a large healthcare company.


Representative Experience

  • Served as lead transaction counsel to Acadia Healthcare its acquisition of Whittier Pavilion, behavioral facility located in Massachusetts
  • Represented Acadia Healthcare in its $1.3 billion acquisition of CRC Health Group, a leading provider of treatment services related to substance abuse and other addiction and behavioral disorder
  • Represented Acadia Healthcare in its acquisition of Mission Treatment Centers, a substance abuse treatment provider
  • Represented Acadia Healthcare in its joint venture with Bronson Health
  • Represented Acadia Healthcare in its joint venture with Henry Ford Health System
  • Represented a behavioral health programs owner/operator in its acquisition of an eating disorder treatment center in Ohio
  • Represented a behavioral healthcare company as the stalking horse purchaser of a West Virginia facility through a sale under Section 363 of the Bankruptcy Code
  • Represented Heritage Group and other investors in their investment to launch Spero Health, one of the largest office-based opioid treatment providers in the country
  • Served as lead counsel to Acadia Healthcare in its acquisition of Bradford Recovery Center
  • Represented Odyssey Behavioral Healthcare in the acquisition of Clearview Treatment Programs in Venice Beach, California
  • Represented the administrative agent and lender in negotiating, documenting and closing two cross-defaulted, cross-collateralized credit facilities to the owners and operators over 150 residential group homes and behavioral health facilities across the southeastern United States

  • Represented the administrative agent and lender in a revolving credit facility to Verity Health System as debtor in possession
  • Represented administrative agent in documenting $145 million revolving credit facility to a hospital system exiting bankruptcy
  • Advised RCCH HealthCare Partners in its $78 million acquisition of Trios Health in Kennewick, Washington

  • Served as lead counsel to Camellia Healthcare, an operator of home health and hospice facilities, in its $78 million acquisition by Encompass Health
  • Represented a large financial services company as administrative agent and lender in an asset-based revolving credit facility of over $100 million with subsidiaries of a skilled nursing facilities operator
  • Represented Capital Alignment Partners in its acquisition of Bayou Home Care, a full-service home healthcare company located in Louisiana, and in subsequent related rollup acquisitions in Texas and Louisiana

  • Served as healthcare regulatory and financial regulatory special counsel to CompuGroup Medical in the acquisition of eMDs Inc., a provider of healthcare information systems and revenue cycle management services
  • Represented a specialty finance firm in a $147.5 million syndicated financing package to a private equity-backed provider of mobile equipment services to the urology industry focused on lithotripsy, laser and cryoablation systems
  • Advised a national bank in a $60 million asset-based revolving credit facility to a long-term care pharmacy company
  • Represented Rancho Family Medical Group in their growth investment transaction with LightBay Capital
  • Represented a specialty finance firm in a credit facility to a healthcare company with more than 40 skilled nursing facilities
  • Represented a Texas-based intellectual and developmental disabilities services provider in the acquisition of another IDD provider in Tennessee, which involved a unique and complex licensing process
  • Served as special healthcare, real estate and diligence counsel to Ventas Inc. during its acquisition of Ardent Medical Services for $1.75 billion


  • Loyola University New Orleans College of Law, J.D., cum laude
  • Belmont University, B.A.
Bar Admissions/Licenses
  • Tennessee
Court Admissions
  • U.S. Court of Appeals for the Sixth Circuit
  • U.S. District Court for the Middle District of Tennessee
Honors & Awards
  • The Best Lawyers in America guide Health Care Law, 2023-2024