Author's posts
USPI vs. Surgery Partners vs. HCA: 13 Q3 financial notes
United Surgical Partners International, Surgery Partners and HCA Healthcare, through its Surgery Ventures arm, are three of the largest ASC operators by number of centers.
The major players employing physicians
Physicians are flocking to employed models, whether that be hospitals, health systems, private equity groups or payers.
Independent Michigan practice folds into hospital amid physician retirement
Former independent practice Hillsdale (Mich.) Medical Associates is now owned and operated by Hillsdale Hospital, Hillsdale Daily News reported Nov. 13.
Nonprofit Florida clinic files for bankruptcy
Bradenton, Fla.-based MCR Health, a nonprofit medical group, sought Chapter 11 protection Nov. 11, the Tampa Bay Business Journal reported Nov. 13.
Michigan gastroenterology ASC to shutter
The Battle Creek (Mich.) Endoscopy and Surgery Center will close Dec. 31, laying off 17, WWMT reported Nov. 13.
Florida men charged with $28M fraud, kickback scheme
Two Florida men were charged in a seven-count indictment for their role in a $28 million fraud scheme involving physician kickbacks for durable medical equipment.
UCHealth to pay $23M for false claims allegations
Aurora, Colo.-based University of Colorado Health has agreed to pay $23 million to resolve allegations that it violated the False Claims Act by improperly coding certain evaluation and management claims, and submitting them to federal healthcare progra…
5 ASC 'nuclear' verdicts in 5 years
So-called “nuclear verdicts,” defined as jury awards of more than $10 million in civil cases, have been on the rise across healthcare.
New Jersey cardiologist gets 35 months in prison for fraud scheme
Fazal Panezai, MD, a cardiologist of Morganville, N.J., was sentenced to 35 months in prison for a healthcare fraud scheme.
Where ASCs are booming
While California has the overall highest number of ASCs in the U.S. with 1,218, according to an April report by Definitive Healthcare, the Southeast has seen rapid growth of outpatient clinics.
