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How did Mike DeAgro's experience co-founding a nonprofit advocacy organization lead to a career in the legal field? Find out more>

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Envision to Sell to KKR for $9.9 Billion

We represented Envision Healthcare Corporation (NYSE: EVHC) in its definitive agreement to sell to KKR in an all-cash transaction for $9.9 billion, including debt. KKR will pay $46 per Envision share in cash to buy the company, marking a 32 percent premium to the company's volume-weighted average share price from November 1, when Envision announced it was considering its options. The transaction is expected to close the fourth quarter of 2018. Read more


Envision Healthcare

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Six Things to Know Before Buying a Physician Practice spotlight

Dermatology, ophthalmology, radiology, urology…the list goes on. Yet, in any physician practice management transaction, there are six key considerations that apply and, if not carefully managed, can derail a transaction. Download the 6 Things to Know Before Buying a Physician Practice to keep your physician practice management transactions on track.

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Lisa Rivera and Jeff Gibson Author Modern Healthcare Article on Application of Yates Memo within Healthcare Organizations

Modern Healthcare

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November 14, 2016

Bass, Berry & Sims attorneys Lisa Rivera and Jeff Gibson authored a guest column for Modern Healthcare reviewing the directives of the Yates Memo as it impacts investigations related to healthcare fraud and abuse. While Lisa and Jeff contend that the enforcement outlined in the Yates Memo is merely building upon a decades-old position, "[w]hat is new, taking the Yates memo and other Obama administration directives as a whole, is a narrower, more difficult path for healthcare organizations hoping to earn 'cooperation credit' when providing information to the government."

The article also provides several practical steps for healthcare companies to implement in order to cooperate with government investigations:

  1. Creating, implementing and regularly evaluating a robust compliance program
  2. Conducting prompt, thorough internal investigations
  3. Considering the ramifications of any action on all potential enforcement fronts, including possible actions against the individuals managing or making decisions on behalf of the corporation. 

The full article, "Commentary: Raising the Bar on 'Cooperating Fully' with the Government," was published by Modern Healthcare on November 11, 2016, and is available online.


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