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What television show influenced Chad Jarboe's decision to pursue a career in the legal field? 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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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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Jeff Oldham on Nashville Convention Center Bond Financing in the Nashville Business Journal

Media Mentions

March 5, 2010

Bass, Berry & Sims attorney Jeff Oldham discusses the impact of state bonding rules on the bond financing for the new Nashville Convention Center for the Nashville Business Journal. The article by Brandon Gee, titled "Will State Bonding Rules Hold up Music City Center Construction?," appears in the March 5, 2010 issue.

From the article:

Financing for the $585 million project was approved in January — with work beginning soon thereafter — but bonds to pay for the project have not been issued. Metro government has run into a roadblock due to a state law that limits interest rates on municipal debt to 4 percent above the prime rate. Metro's bond counsel, Jeff Oldham of Bass Berry & Sims, said that limit currently stands at 7.25 percent due to historically low interest rates.

That wouldn't pose a problem if Metro was using traditional tax-exempt bonds to finance the project, but it intends to use taxable Build America Bonds for about 90 percent of the debt. The bonds could have an interest rate above the state limit, Oldham said, but they also come with a 35 percent interest subsidy from the U.S. Treasury. The bonds were created by last year's federal economic stimulus legislation.

Oldham said Senate Bill 2975 would allow the subsidy to be factored into the interest rate calculation for purposes of determining compliance with the state's usury law.

"It's not clear (under current law) that you get to count that rebate from the federal government," Oldham said.


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