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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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Tony McFarland and Jay Knight Comment on Cybersecurity Risk Disclosures

Media Mentions

June 9, 2015

Bass, Berry & Sims attorneys Anthony (Tony) McFarland and Jay Knight lent their insights to an article in The Wall Street Journal on cybersecurity risk disclosures. As outlined in the article, while the U.S. Securities and Exchange Commission (SEC) has previously issued guidance on cybersecurity risk disclosure, many companies are uncertain on how to proceed when there is a question of what should be included on their 10-K statement. For example, what are the benefits of fuller disclosure and will disclosing more help the business if investigated for a data breach? Tony, chairman of the firm's Technology Committee, noted that companies should be prepared to make fuller disclosures, even on matters that are not necessarily mandated by state breach notification laws. "The SEC is becoming of the opinion that it is better to make disclosures if a company has had a number of incidents, even if they are not individually material, and even if that's not the perspective the company or its counsel would bring to the table in responding to a specific incident."

Jay, head of the firm's Capital Markets Subgroup and former SEC counsel, said that companies that have been subject to breaches are providing guidance for other companies, and that "best practices" for disclosure are based on industry. Tony added that this is a dynamic and fluid area, saying "This is an area where continual monitoring and diligence and being up to date is important, so you can make sure your own disclosures are accurate, up to date and within the range of other companies' disclosures in your industry."

The full article, "The Morning Risk Report: Cybersecurity Disclosures Are Risky Business," was published by The Wall Street Journal's "Morning Risk Report" on June 8, 2015 and is available online.

Content from The Wall Street Journal article was cited in the article, "SEC Suggests, But Doesn't Require, Full Disclosure of All Cybersecurity Risks," that was published by on June 9, 2015.  

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