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In June 2016, AmSurg Corp. and Envision Healthcare Holdings, Inc. (Envision) announced they have signed a definitive merger agreement pursuant to which the companies will combine in an all-stock transaction. Upon completion of the merger, which is expected to be tax-free to the shareholders of both organizations, the combined company will be named Envision Healthcare Corporation and co-headquartered in Nashville, Tennessee and Greenwood Village, Colorado. The company's common stock is expected to trade on the New York Stock Exchange under the ticker symbol: EVHC. Bass, Berry & Sims served as lead counsel on the transaction, led by Jim Jenkins. Read more.

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Inside the FCA blogInside the FCA blog features ongoing updates related to the False Claims Act (FCA), including insight on the latest legal decisions, regulatory developments and FCA settlements. The blog provides timely updates for corporate boards, directors, compliance managers, general counsel and other parties interested in the organizational impact and legal developments stemming from issues potentially giving rise to FCA liability.

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Thad McBride Co-authors Article on Creating a Culture of Compliance within a Company

ACC Docket

Publications

January 19, 2016

Bass, Berry & Sims attorney Thad McBride, who heads the firm's international trade group, collaborated with Ernie Edgar, North American general counsel and chief compliance officer for Atkins, to co-author the article "Tone at the Top, Culture of Compliance, and the Yates Memo." The article was the feature article in the January/February 2016 issue of ACC Docket.

In the article, Thad and Ernie underscore the need for companies to create a strong culture of compliance, particularly in light of the Yates Memo and the U.S. government's corresponding emphasis on prosecuting individual wrongdoers. In particular, Thad and Ernie suggest that organizations can develop an effective compliance culture through steps such as the following:

  1. Prepare and circulate a clear statement of management commitment to compliance bolstered with tangible examples of that commitment.
  2. Empower senior staff to become compliance champions.
  3. Embed compliance in business processes.
  4. Train personnel.
  5. Engage personnel.
  6. Reward compliance successes – visibly.
  7. Penalize compliance mistakes – visibly.

The full article, "Tone at the Top, Culture of Compliance, and the Yates Memo" is available on the ACC Docket website or the PDF below.

Download Document - ACC Docket (January/February 2016)

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