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How did an interest in healthcare policy lead Robert Platt to a career in the law? Find out more>

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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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Six Things to Know Before Buying a Physician Practice spotlight

Dermatology, ophthalmology, radiology, urology…the list goes on. Yet, in any physician practice management transaction, there are six key considerations that apply and, if not carefully managed, can derail a transaction. Download the 6 Things to Know Before Buying a Physician Practice to keep your physician practice management transactions on track.

Click here to download the guide.

Ryan Thomas Discusses Acquisition for GlobeSt.com

GlobeSt.com

Media Mentions

February 17, 2010

Ryan Thomas, attorney at Bass, Berry & Sims, is extensively quoted regarding an offer by Indianapolis-based Simon Property Group to acquire Chicago-based General Growth Properties, thus merging the top two retail-focused real estate companies in the country. The article by reporter Katie Hinderer, titled "Simon Faces Uphill Battle with Shareholders," appears in the February 17, 2010 online edition of GlobeSt.com.

From the article:

However, this is not a done deal, according to Ryan Thomas, a partner at Bass Berry & Sims PLC and expert in mergers and acquisitions of public and private companies. Since GGP is still trying to pull a number of assets out of bankruptcy, Simon will need court approval; as well as the approval of secured creditors and shareholders.

The creditors may be the easiest challenge. "The court will balance the interests of all creditors, including the secured creditors, and will consider the feasibility of the Simon transaction," Thomas tells GlobeSt.com. "The secured creditors may support the transaction, unless they see an alternate path that enhances their collateral -- or unless the Simon transaction somehow impairs their collateral."

"The shareholders and the board will likely be a challenge for Simon, especially given the apparent cold shoulder to date," Thomas says. "One of General Growth's largest equity holders, (Pershing Square) who happens to be an activist investor, has recently indicated that the company is vastly undervalued -- placing its valuation significantly higher than the offer by Simon. It is also telling that the board has apparently not engaged in negotiations with Simon, presumably reflecting either a more optimistic view of the residual value of the equity or confidence in a better alternative plan."


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