Richard Y. Cheng

Member

Contact Information
Richard Y. Cheng
(972) 427-7685
rcheng@weaverjohnston.com

Richard Y. Cheng’s practice focuses corporate transactions, regulatory, compliance matters and administrative appeals. His healthcare law practice includes representation of post-acute care providers (e.g. nursing facilities, assisted living communities, CCRCs, home health care agencies, hospices, rehabilitation providers), community hospitals, management service organizations (MSOs), private equity groups & investors in healthcare, physician groups, ancillary providers (e.g. pharmacies, DME companies, labs), retail medicine providers (e.g., urgent care centers, ASCs, ERs), dental service organizations (DSOs), behavioral health, chiropractors, and veterinary practices.

Richard has considerable experience representing clients involving Stark Law, Anti-Kickback Statute, FCA, EKRA, HIPAA, HITECH Act, Civil Monetary Penalties (CMPs), state based healthcare regulations, Medicare-related transactions (e.g. change of ownership) licensure surveys, formation of MSOs and DSOs, managed care organization (MCO) payment matters, Medicaid contracting, and Medicare appeals before administrative law judges.

Prior to joining Weaver Johnston Nelson, Richard was an equity partner and a member of the healthcare sector at one of the largest AmLaw 100 global firms. During his tenure, he launched the firm’s hemp/hemp products practice group where he led multiple initiatives in building the firm’s reputation in cannabis. In addition, Richard formerly served as vice president and general counsel at two separate healthcare companies, where he assisted with change of ownership transactions, counseled on healthcare operational matters and worked closely with outside counsel managing multiple litigation matters. He also created the medical appeals departments at both healthcare organizations, overseeing multiple staff members that he trained, resulting in the successful recover of millions of dollars in governmental and private healthcare insurance claims. Early in his career, Richard worked as a licensed occupational therapist, served as an adjunct faculty at multiple universities and lobbied in Washington D.C. through the American Occupational Therapy Association

In addition to his traditional healthcare practice, Richard developed a cannabis regulatory and corporate practice starting in late 2013. As a leading cannabis attorney, Richard served as outside general counsel to the Texas Cannabis Industry Association, co-authored a FDA primer in preparation for the 2019 FDA public hearing on CBD products and has been named a top 250 cannabis legal expert by DataBird Research Journal. He represents a broad base of cannabis related clients, including, private equity groups investing in the cannabis industry, physicians, medical marijuana dispensaries, seed developers, cultivators, processors, wholesalers, retailers, distribution centers and ancillary providers (e.g. testing labs, biomass brokerage firms, etc.) and marketers.

Admissions

  • Minnesota
  • Texas

Distinctions

  • D CEO Magazine & Association of Corporate Counsel – Best Corporate Counsel Finalist, Solo Category, 2011-2012
  • D Magazine – Best Lawyers in Dallas, 2015, 2017-2020
  • Dallas Business Journal – Best Corporate Counsel Rising Star Award, 2011
  • National Diversity Council – Legal Diversity Champion Award, 2012
  • Texas Lawyer magazine – Featured General Counsel, 2012
  • Texas Occupational Therapy Association, Distinguished Service Award, 2011-2012
  • Texas Tech University Health Sciences Center – Distinguished Alumni Award, 2010
  • Thomson Reuters – Texas Rising Stars, 2015-2017
  • DataBird Research Journal – Top 250 Cannabis Expert, 2018
  • Cannabis Law Report & Cannabis Law Journal – Global Top 200 Cannabis Lawyers Listing, 2020

Education

  • J.D., Nova Southeastern University Shepard Broad Law Center
  • M.B.A., University of Memphis
  • Texas Tech University Health Sciences Center, B.S.O.T./M.O.T.
  • University of Texas Health Science Center at Houston, Graduate Certificate of Public Health

Courts

  • United States District Court for the District of Minnesota
  • United States District Court for the Northern District of Texas

Membership

  • American Bar Association, Health Law Section (Chair of Post-Acute Care Continuum Task Force)
  • American College of Health Care Executives, North Texas Chapter
  • American Health Lawyers Association, Post Acute/Long Term Services Section
  • Collin County Bar Association, Corporate Counsel and Solo/ Small Firm Sections
  • Dallas Asian-American Bar Association (Board of Directors, 2013-2015)
  • Dallas Association of Young Lawyers Foundation (Life Fellow; Leadership Class Selected Member, 2011)
  • Dallas Bar Association, Health Law Section
  • Frisco Chamber of Commerce (Leadership Class Member, 2015)
  • Texas Healthcare Advisory Council (Board of Director, 2017-2020)
  • Health Care Compliance Association
  • Helping Restore Ability (Board of Director)
  • National Asian Pacific American Bar Association
  • International Cannabis Bar Association
  • State Bar of Texas, Health Law Section (Diversity in the Profession Committee, 2016-2019; Texas Minority Counsel Program Steering Committee, 2016)
  • Texas Assisted Living Association (Public Policy Committee Member)
  • Texas Association of Home Care & Hospice (Governmental Affairs Committee)

Additional Certification

  • Richard is a Certified Healthcare Compliance (CHC) professional with the Certification Compliance Board (CCB)