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New York eye group bumping patient capacity 50% with new ASC
Buffalo-based ophthalmology group UBMD Ophthalmology is doubling the capacity of its Ross Eye Institute with an expansion project that will eventually include a new ASC, Buffalo Business First reported June 29.
New York podiatrist pleads guilty to defrauding Amtrak
Michael DeNicola, DPM, admitted to his role in a healthcare fraud scheme, distribution of opioids and illegal possession of a firearm, the Justice Department said June 29.
Physicians with ownership stake in their practice hits lowest rate in 5 years
The number of physicians with ownership in their practice is at its lowest since 2017, according to Medical Economics’ “2022 Physician Report” released June 18.
Can ASCs handle the boom in case volume?
ASC surgery volume is projected to grow 25 percent in the next decade, according to an analysis from Sg2 Healthcare Intelligence, but it’s unclear whether ASCs will be able to accommodate these new cases with rising staff and supply costs.
7 gastroenterology practice openings in Q2
Here are seven gastroenterology practices that have opened or have plans to open that Becker’s has reported on during the second quarter of 2022:
22% of physicians see malpractice premium increase
Twenty-two percent of physicians saw an increase in malpractice premiums in 2021 compared with 2020, according to Medical Economics’ “2022 Physician Report” released June 18.
Texas outpatient medical office building sells for $6M
An outpatient medical office building in Rowlett, Texas, was sold for $6 million, REjournals reported June 28.
Georgia ENT clinics owner sentenced to 3 years in prison for fraud
Jeffrey Gallups, MD, owner of a chain of Alpharetta, Ga.-based medical clinics, has been sentenced to three years in prison for a scheme in which the former Georgia insurance commissioner also has been indicted, The Atlanta Journal-Constitution reporte…
5 largest health insurance companies by revenue
UnitedHealthcare is the largest insurer by revenue, according to a June 2022 Value Penguin report.
Multispecialty ASCs comprise 66.2% of surgery center market share: 5 notes
By 2031, the global ASC market is projected to hit $130.6 billion, up from $85.4 billion in 2020, and increasing at a 3.9 percent compound annual growth rate over the next nine years, according to a report from Future Market Insights.
