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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 Spotlight

Healthcare Transactions: Year in Review 2018Last year, CVS Health Corp. (NYSE: CVS) announced it would purchase health insurer Aetna Inc. (NYSE: AET) for $67.5 billion, a transaction that would be one of the biggest healthcare mergers in the past decade. The transaction raises an intriguing question: is this the beginning of a transformational shift in healthcare?

Recently, members of our healthcare group authored the Healthcare Transactions: Year in Review outlining 2017 M&A activity and drivers in the following hot healthcare sectors:

• Managed Care
• Hospitals
• Post-Acute Care—Home Health & Hospice
• Ambulatory Surgery Centers (ASCs)
• Healthcare Information Technology (HIT)
• Behavioral Health
• Physician Practice Management

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Healthcare Finance

Our healthcare clients have turned to us for representation in more than $16.5 billion in transactions over the past five years. Our familiarity with the trends and the participants in this industry allows us to understand the lending market and to provide a sophisticated, practical and cost-conscious approach to healthcare finance transactions. We know that these transactions require a greater level of experiences and industry-specific knowledge than simple extensions of credit to unregulated borrowers.

Having represented both borrowers and lenders in healthcare financing transactions, we understand both sides of the table and are able to focus on the unique aspects each deal. Our high level of industry-specific knowledge allows our lending and healthcare attorneys to collaborate to provide an interdisciplinary and coordinated approach to matters involving healthcare finance.

Across the nation, we represent owners and operators of hospitals, senior living facilities, ambulatory surgical centers and a wide range of other healthcare service providers - both public and private - in connection with their credit facilities, acquisition financing, project financing, construction financing and other financing needs.

Our healthcare clients have turned to us for representation in more than $16.5 billion in transactions over the past five years. Our familiarity with the trends and the participants in this industry allows us to understand the lending market and to provide a sophisticated, practical and cost-conscious approach to healthcare finance transactions. We know that these transactions require a greater level of experiences and industry-specific knowledge than simple extensions of credit to unregulated borrowers.

Having represented both borrowers and lenders in healthcare financing transactions, we understand both sides of the table and are able to focus on the unique aspects each deal. Our high level of industry-specific knowledge allows our lending and healthcare attorneys to collaborate to provide an interdisciplinary and coordinated approach to matters involving healthcare finance.

Across the nation, we represent owners and operators of hospitals, senior living facilities, ambulatory surgical centers and a wide range of other healthcare service providers - both public and private - in connection with their credit facilities, acquisition financing, project financing, construction financing and other financing needs.

We have particular experience dealing with loans involving specialty lenders such as healthcare REITs and other lenders who only finance healthcare companies, as well as senior housing financing from Fannie Mae and Freddie Mac for our senior living clients.

We also routinely advise on joint ventures, bankruptcy-remote special purpose entities and other borrower structures that bring additional layers of complexity to financing transactions.

We represent borrowers and lenders nationwide in a variety of healthcare loans and other financing transactions, including:

  • Asset-based loans
  • Asset securitizations
  • Letters of credit
  • Syndicated credit facilities
  • Interest rate swaps
  • Equipment financing
  • Equipment leasing
  • Real estate and construction loans
  • Project financings and sale-leaseback transactions

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Our healthcare attorneys encompass the multitude of legal specialties necessary to service one of the largest, most highly regulated industries in the United States. We bring our multidisciplinary, team approach to our representation of the following sectors and facilities:

  • Academic medical centers
  • Ambulatory surgery centers
  • Behavioral health
  • Cancer therapy
  • Clinical laboratories
  • Dermatology
  • Diagnostic imaging
  • Health plans, managed care companies and benefit management companies 
  • Healthcare information technology
  • Home health
  • Hospice
  • Hospitals and health systems
  • Life sciences
  • Managed care
  • Medical device
  • Nonprofit providers
  • Orthotics and prosthetics
  • Pharmaceuticals and pharmacies
  • Physician practices, outsourced physician services and management companies
  • Private equity
  • Real Estate Investment Trusts (REITs)
  • Revenue cycle management
  • Senior housing and long-term care
  • Specialty pharmacy and pharmaceuticals
  • Telemedicine
  • Urgent and retail care clinics
  • Wellness and disease management

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Visiting, or interacting with, this website does not constitute an attorney-client relationship. Although we are always interested in hearing from visitors to our website, we cannot accept representation on a new matter from either existing clients or new clients until we know that we do not have a conflict of interest that would prevent us from doing so. Therefore, please do not send us any information about any new matter that may involve a potential legal representation until we have confirmed that a conflict of interest does not exist and we have expressly agreed in writing to the representation. Until there is such an agreement, we will not be deemed to have given you any advice, any information you send may not be deemed privileged and confidential, and we may be able to represent adverse parties.