Becker's ASC

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New York City physician pays $564K to settle COVID-19 false claim allegations

Urgent care physician Josef Schenker, MD, and the two New York City urgent care facilities he owns, are paying $564,217 to settle allegations they submitted false claims to CMS for services not provided when administering COVID-19 vaccines and tests, t…

California county to pay $12M to settle lawsuit following botched intubation

Riverside (Calif.) County, which owns Riverside University Health System Medical Center, is paying $12 million to settle a lawsuit alleging hospital staff botched an intubation that caused a patient permanent brain damage, The Press-Enterprise reported…

Deaconess completes $35.7M GI specialty and endoscopy center

Evansville, Ind.-based Deaconess Health System opened a $35.7 million gastrointestinal specialty center, 44News reported April 26.

Physicians can win big with ASC investments

Investment in an ASC is a long-term strategy for physicians, particularly those not employed by a hospital, to thrive financially and gain more control over their day-to-day workflow. 

$15.3M Kansas ASC real estate sold

Newmark has sold the Cypress Surgery Center in Wichita, Kan., for $15.3 million, the real estate company said April 27. 

Texas hospital opens ASC to ease burden on hospital 

Texoma Medical Center has opened an ASC in Denison, Texas, to offload burden from its main hospital, local ABC affiliate KTEN reported April 26. 

5 CMS updates

Here are five updates from CMS in the last two weeks:

The key to lowering colonoscopy screening cost could be AI, study says

The use of artificial intelligence detection tools has the potential to save the U.S. millions of dollars annually, according to a study published in The Lancet Digital Health.

Cincinnati GI treats more than 10,000 patients in 1 year at ASC

Cincinnati GI’s surgery center, Anderson Endoscopy in Cincinnati, has treated more than 10,000 patients in one year, according to an April 27 news release shared with Becker’s.

15% of physicians use value-based payment models: 6 stats

Fifteen percent of physicians participate in value-based payment models, according to Medscape’s “Physician Compensation Report 2022,” released April 15. Value-based care is gaining momentum in the ASC industry as a means to reduce costs.