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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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United Natural Foods, Inc. Acquires Three Distributors

Client Type: Public Company

We represented United Natural Foods Inc. (Nasdaq: UNFI) in three acquisitions. UNFI purchased Haddon House Food Products, Inc, a distributor and merchandiser of natural and organic and gourmet ethnic products for $217,500,000 and Nor-Cal Produce, Inc., a distributor of conventional and organic produce and other fresh products for $68,600,000. The company also acquired substantially all of the assets of Global/Organic Specialty Source, Inc. for an undisclosed amount.

UNFI financed the purchase price for each of these acquisitions with borrowings under the Company’s revolving credit facility, which was also amended in connection with these transactions to increase the size of the facility. Bass, Berry & Sims is UNFI’s primary counsel representing the company on matters including mergers and acquisitions, public company advisory, financing, and tax.

United Natural Foods, Inc. (Nasdaq: UNFI) carries and distributes more than 85,000 products to more than 40,000 customer locations throughout the United States and Canada.

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