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What colorful method does Claire Miley use to keep up with the latest healthcare regulations as they relate to proposed transactions? Find out more>

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On December 1, 2016, Parker Hannifin Corporation and CLARCOR Inc. announced that the companies have entered into a definitive agreement under which Parker will acquire CLARCOR for approximately $4.3 billion in cash, including the assumption of net debt. The transaction has been unanimously approved by the board of directors of each company. Upon closing of the transaction, expected to be completed by or during the first quarter of Parker’s fiscal year 2018, CLARCOR will be combined with Parker’s Filtration Group to form a leading and diverse global filtration business. Bass, Berry & Sims has served CLARCOR as primary corporate and securities counsel for 10 years and served as lead counsel on this transaction. Read more here.

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Securities Law Exchange BlogSecurities Law Exchange blog offers insight on the latest legal and regulatory developments affecting publicly traded companies. It focuses on a wide variety of topics including regulation and reporting updates, public company advisory topics, IPO readiness and exchange updates including IPO announcements, M&A trends and deal news.

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Danielle Sloane Comments on CMS Monitoring of Hospital-Owned Facilities

Bloomberg BNA

Media Mentions

June 24, 2016

Bass, Berry & Sims attorney Danielle Sloane provided comments for an article published by Bloomberg BNA outlining the OIG's report finding that CMS does not know how many hospitals own additional provider-based facilities which, if not in compliance with provider-based rules, could be leading to inappropriate billing. Given the continued focus on provider-based facilities, Danielle suggests that "hospitals should verify their compliance with the provider-based rules and consider submitting voluntary attestations for all of their provider-based facilities, which can limit historic liability if the facilities are later found not to qualify as provider-based."

The full article, "Government Oversight of Hospital-Owned Facilities Falling Short," was published by Bloomberg BNA on June 17, 2016.


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