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$19.2M Iowa ASC project regains hospital backing
Nearly a month after Iowa City, Iowa-based Steindler Orthopedic Clinic’s proposed North Liberty ASC lost its hospital backing, The Gazette reported Feb. 7 that the hospital, Mercy Iowa City, has renewed its cooperation.
20 biggest healthcare companies by revenue
Fortune 500 tracks the largest companies in the world based on 2021 revenue.
Physician Partners of America to pay $3.3M to settle noncompete allegations
West Palm Beach, Fla.-based Physician Partners of America and two of its top executives have agreed to pay $3.3 million to settle allegations that they violated noncompete contract provisions, according to a Justice News Flash report.
USPI paid $78M for Compass Surgical Partners ASCs
Dallas-based United Surgical Partners International spent $78 million to acquire the ownership of eight Compass Surgical Partners ASCs last year, USPI’s parent company Tenet Healthcare revealed during the company’s 2021 earnings call Feb. 8.
Maryland orthopedic group plans space in $48.5M medical office building
The Howard Hughes Corp., a real estate firm, plans to invest $325 million to develop the new Lakefront District in Columbia, Md., with $45.8M allocated to an 86,000-square-foot medical office building, Globest.com reported Feb. 8.
18-story facility with ASC planned on historic New Jersey site
A 18-story complex with a surgery center was proposed in Jersey City, N.J., Jersey Digs reported Feb. 8.
How to spot fake N95 masks, 6 more supply chain updates
Seven supply chain updates from the last week:
‘Rocket fuel for your career’: Why a GI owner is all-in on private equity
Rajiv Sharma, MD, owner of Terre Haute, Ind.-based Digestive Health Associates and nutritional supplement company Dr. Gut Happiness, joined “Becker’s Ambulatory Surgery Centers Podcast” to discuss how private equity can be a boon to practice owners.
ASCA asks members to urge Congress to support ASC reimbursement legislation
The Ambulatory Surgery Center Association is asking members to write to Congress and ask them to support the Outpatient Surgery Quality and Access Act of 2021.
New York surgeon donates private practice to hospital
Orleans Community Health Medina (N.Y.) Memorial Hospital has absorbed the private practice of general surgeon John Misiti, MD, Buffalo Business First reported Feb. 1.
