Corporate Counsel Section

The Corporate Counsel Section is a resource for Tennessee lawyers practicing as in-house counsel. This section was formed by the TBA in recognition of the need for a venue for corporate counsel to share views and develop relationships with colleagues.

Immediate Past Chair
CBL & Associates Properties,...
2030 Hamilton Place Blvd., Suite 500
Chattanooga, TN 37421-6000
(423)553-8748
Chair
BlueCross BlueShield of Tennessee
1 Cameron Hill Circle
Chattanooga, TN 37402
(423)535-2922
Vice-Chair
M*Modal
5000 Meridian Blvd., Suite 200
Franklin, TN 37067
(615)261-1505
Staff Coordinator
Tennessee Bar Association
221 4th Avenue N. Suite 400
Nashville, TN 37219
(615)383-7421

Bright Health Raises $200 Million to Finance Ongoing Expansion

Bright Health announced Thursday that it has raised another $200 million to support ongoing expansion, which includes entering the Tennessee individual health insurance market. It will offer plans in three metro areas, The Star Tribune reports. The company sells insurance focused on one health care system in a community, with the goal of letting the network of doctors and hospitals coordinate services and cutting consumer costs. The Minneapolis-based insurer said it has raised more than $440 million in three rounds of equity financing since 2016.

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CVS to Scale Back Retail Operations After Aetna Acquisition

Pharmacy chain CVS Health on Wednesday announced that it plans to reduce the amount of store space devoted to retail and shift more to health care after its acquisition of Aetna, USA Today reports. With the $70 billion-dollar deal, CVS intends to position itself to control key health care components such as pharmacy, drug distribution and insurance. The acquisition has not been without controversy, with U.S. District Judge Richard Leon admonishing a U.S. Justice Department lawyer on Thursday for keeping him “in the dark” and treating his antitrust review as a “rubber stamp operation.” The Justice Department approved the deal in October on the condition that Aetna sells its Medicare Part D prescription drug plan business.

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