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What is Shannon Wiley looking forward to at this year's Asembia Specialty Pharmacy Summit? 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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Download the Healthcare Fraud & Abuse Review 2017, authored by Bass, Berry & Sims

The Healthcare Fraud & Abuse Review 2017 details all healthcare-related False Claims Act settlements from last year, organized by particular sectors of the healthcare industry. In addition to reviewing all healthcare fraud-related settlements, the Review includes updates on enforcement-related litigation involving the Stark Law and Anti-Kickback Statute, and looks at the continued implications from the government's focus on enforcement efforts involving individual actors in connection with civil and criminal healthcare fraud investigations.

Click here to download the Review.

CFPB Announces Consumer Complaint System for Deposit Accounts


March 5, 2012

On Thursday, March 1, 2012, the Consumer Financial Protection Bureau ("CFPB") announced that it was expanding its online complaint system to accept consumer complaints regarding checking and savings accounts. This follows on the heels of a February 22, 2012 announcement that the CFPB is investigating checking account overdraft practices. With its most recent announcements, it is clear that the CFPB is now focused on bank deposit account practices, after initially targeting mortgage and credit card issues.

CFPB Director Richard Cordray first announced this expansion of the consumer complaint system in a Huffington Post article, which was later reprinted on the CFPB's website. Mr. Cordray's announcement cites the "critical role [that deposit accounts play] in the lives of most Americans," and states that "[w]e have heard story after story of consumers being hit with fees they did not expect and do not understand." Banks are expected to respond to consumer complaints within 15 days, and close out the complaints within 60 days. Mr. Cordray's announcement does not, however, describe the manner in which consumer complaints through the CFPB website will be transmitted to the appropriate bank.

Many banks are currently evaluating the fees they assess on deposit accounts in the wake of declining fee revenue, class action litigation and "Occupy Wall Street" backlash. In doing so, banks must be mindful of current CFPB initiatives in addition to the rules and regulations of the traditional prudential regulators. Our financial institutions attorneys are experienced in helping banks navigate this complex regulatory landscape to make necessary business decisions, and in defending banks in litigation challenging those business decisions.

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