Author's posts
USPI to pay nearly $1.5M to settle class action lawsuit
United Surgical Partners International, Dallas-based Tenet Healthcare’s ASC arm, has agreed to pay $1.48 million to settle a proposed class action suit alleging the company’s 401(k) plan violated the Employee Retirement Income Security Act, according t…
Optum earned $253B in 2024
UnitedHealth Group’s Optum, parent company of ASC chain SCA Health, earned $253 billion in total revenue in 2024 — an 11.7% increase year over year, according to a fourth-quarter 2024 financial report.
Where do independent GIs stand in 2025?
Rising practice costs and increased consolidation across healthcare have made it more difficult for gastroenterologists to maintain independent practices.
Virginia hospital indicted for $18.5M fraud scheme, unnecessary surgeries
Chesapeake (Va.) Regional Medical Center, formerly known as Chesapeake Regional Hospital, has been indicted for healthcare fraud and conspiracy, accused of allowing Javaid Perwaiz, MD, to perform unnecessary procedures and submitting fraudulent claims …
GI's changing regulatory landscape
The last 12 months saw major regulatory changes for the field of gastroenterology, from new FDA approvals to sweeping statewide and national legislation.
21 states raised minimum wage on Jan. 1
More than 20 states increased minimum wage on Jan. 1, increasing wages for more than nine million workers by a total of nearly $6 billion, according to the Economic Policy Institute.
Trump administration 'likely' to end FTC efforts to ban noncompetes: Report
President-elect Donald Trump recently said that current Federal Trade Commissioner Andrew Ferguson will be the next chair of the commission. He has also nominated Mark Meador to take over for outgoing Chairperson Lina Khan, creating a Republican majori…
Texas physician sentenced to 10 years for $70M fraud scheme
A physician based in Fredericksburg, Texas, has been sentenced to 10 years in prison and ordered to pay $26.6 million in restitution for his involvement in a $70 million Medicare fraud scheme.
Sutter Health enters $1B partnership with GE HealthCare
Sacramento, Calif.-based Sutter Health has entered into a seven-year partnership with Arlington Heights, Ill.-based GE HealthCare to enhance imaging services across California.
Florida medical device company ordered to pay $1.1M to Washington state
Clearwater, Fla.-based Lincare, a medical equipment company, has been ordered to pay $1.15 million to reimburse Washington’s Medicaid program for alleged fraudulent overbilling of leased oxygen equipment.
