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How does Jessie Zeigler anticipate the intersection of privacy and smart technology will impact the future of litigation? 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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Healthcare Private Equity Compliance Checklist

The complex and ever-changing healthcare regulatory and enforcement environment, including increased focus on the role of private equity firms in their portfolio companies, make compliance a top priority for private equity firms investing in healthcare companies. The best way to limit your exposure as a private equity firm is to avoid a compliance misstep in the first place. Additionally, an effective and robust compliance program for your portfolio healthcare company makes it much more attractive to potential buyers and helps you avoid an unexpected and costly investigation or valuation hit down the road. Download the Healthcare Private Equity Compliance Checklist to assess whether your portfolio company's compliance program is up-to-date.

Click here to download the checklist.

Tony McFarland Comments on Shift to Chip Payment Card Technology

Media Mentions

June 4, 2015

Bass, Berry & Sims attorney Tony McFarland provided insight on the transition to chip card technology that merchants will be under pressure to adopt by October 1, 2015 or face liability for fraudulent payment transactions. Historically, the liability burden for these transactions rested on the credit card companies. Tony commented on this switch, saying "The costs for fraudulent transactions have generally fallen on the card issuers, like Visa and MasterCard, rather than the retailers accepting those cards. After October of this year, however, for everyone except fuel-selling merchants, Visa and MasterCard have announced they plan to push those costs back on the retailers. Even before the retailer suffers an actual loss of business, the threat of paying for the consequences of the counterfeiting will loom overhead." 

The article further explores the benefits of the new chip technology and how the switch will affect retailers. According to Tony, small retailers "need to weigh the advantage of the business need to use payment cards with the cost of purchasing and implementing the updated technology, as well as the potential loss of business, and reputational damage if they don't change, all of which can be significant."

The full article, "How Companies Are Preparing for the Imminent Liability Shift for Counterfeit Credit Cards," was published by The Cybersecurity Law Report on June 3 and is available online (subscription required).


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