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Primary Care Providers Win Challenge of CMS Interpretation of Enhanced Payment Law

With the help and support of the Tennessee Medical Association, 21 Tennessee physicians of underserved communities joined together and retained Bass, Berry & Sims to file suit against the Centers for Medicare & Medicaid Services to stop improper collection efforts. Our team, led by David King, was successful in halting efforts to recoup TennCare payments that were used legitimately to expand services in communities that needed them. Read more

Tennessee Medical Association & Bass, Berry & Sims

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Thought Leadership

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Thought Leadership Spotlight

Healthcare Transactions: Year in Review 2018Last year, CVS Health Corp. (NYSE: CVS) announced it would purchase health insurer Aetna Inc. (NYSE: AET) for $67.5 billion, a transaction that would be one of the biggest healthcare mergers in the past decade. The transaction raises an intriguing question: is this the beginning of a transformational shift in healthcare?

Recently, members of our healthcare group authored the Healthcare Transactions: Year in Review outlining 2017 M&A activity and drivers in the following hot healthcare sectors:

• Managed Care
• Hospitals
• Post-Acute Care—Home Health & Hospice
• Ambulatory Surgery Centers (ASCs)
• Healthcare Information Technology (HIT)
• Behavioral Health
• Physician Practice Management

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Raiding Case Before NASD Arbitration Panel Results in $6 Million Award

Client Type: Private Company

We represented Duncan-Williams, Inc. in a raiding case against Coastal Securities, Inc., in which our client alleged that Coastal and former Duncan-Williams employees conspired to misappropriate, copy and delete documents in a raid of the Duncan-Williams public finance department.  An NASD panel found in favor of Duncan-Williams and awarded the family-owned firm damages totaling more than $6 million, including $2.5 million in compensatory damages against both Coastal and Duncan-Williams' former head of public finance, and $2 million in punitive damages assessed to Coastal alone.  Coastal and one of the employees it hired away from Duncan-Williams were also ordered to pay $370,000 in a return of the compensation paid to the individual by Duncan-Williams during the extended period he was alleged to have been conspiring with the Texas firm. Duncan-Williams, Inc. v. Coastal Securities, L.P. et al. (FINRA Case No. 02-01704)

Duncan-Williams is a privately owned investment banking firm headquartered in Memphis, TN.

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