Author's posts
8 ways insurers are steering volume toward ASCs
In 2025, CMS finalized a 2.9% pay increase for hospital outpatient and ASC services, based on a 3.4% market update, minus a 0.5% productivity adjustment. Several major insurance companies are following suit, also steering volume toward the outpatient setting, as studies have shown that ASCs can help to reduce costs for patients and payers alike. […]
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Physician-owned private practices decline 20% in 10 years
The number of physician-owned private practices in the U.S. has declined by nearly 20% since 2012, according to the American Medical Association’s Physician Practice Benchmark Survey. The AMA surveyed 5,000 physicians who have completed residency, provide patient care for at least 20 hours per week, are not employed by the federal government and practice in […]
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Why physicians are selling their practices to hospitals, private equity
The most influential factor for physicians in deciding to sell off private practices to either hospitals or private equity companies in 2024 was the ability to better negotiate higher payment rates with payers, according to the American Medical Association’s Physician Practice Benchmark Survey. The AMA surveyed 5,000 physicians who have completed residency, provide patient care […]
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Cardiology Consultants of Philadelphia, Penn Medicine to open $10M ASC
Cardiology Consultants of Philadelphia has partnered with Philadelphia-based Penn Medicine and other undisclosed parties to open a $10 million cardiology ASC in King of Prussia, Pa., according to a May 29 report from The Philadelphia Inquirer. The 13,100-square-foot facility will house three operating rooms, one procedure room and 12 patient bays. Physicians from Cardiology Consultants […]
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American Society of Anesthesiologists, Epic launch partnership
The American Society of Anesthesiologists and the Anesthesia Quality Institute have partnered with EHR platform Epic for data optimization. Through Epic’s community registries platform, the partnership will create an anesthesia community registry that aims to advance quality, safety and patient outcomes, according to a May 29 news release sent to Becker’s. ASA will be the […]
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States where people spend the most, least on healthcare
People living in Maryland currently have the fewest yearly out of pocket healthcare costs, while people living in Mississippi face the highest, according to a new report from Wallethub, published May 29. The financial services platform reviewed where people spend the most of their yearly earnings on healthcare, analyzing the prices of five key healthcare […]
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Why Medline was chosen as supply partner for 1 ASC
In April, Hickory, N.C.-based ASC Viewmont Surgery Center picked Medline as its primary vendor. Northfield, Ill.-based Medline is one of the largest medical-surgical products suppliers in the nation, with over 29 million square feet of warehouse space globally, distributing around 335,000 medical products with 43,000 employees around the world. It also has 26 manufacturing sites […]
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ASCs now drive 50% of Tenet profits
As care has shifted rapidly to the outpatient setting over the last 10 years, major healthcare systems are starting to take notice. For Dallas-based Tenet, a growing amount of revenue and EBITDA now come from its outpatient care arm. In 2018, Tenet acquired a 95% interest in United Surgical Partners International, which leads the company’s […]
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Dr. Lawrence Kim begins term as AGA Institute president
Lawrence Kim, MD, has begun his term as 120th president of the American Gastroenterological Association Institute. Dr. Kim is a partner at South Denver Gastroenterology, a 27-physician independent GI practice, according to a May 28 news release sent to Becker’s. During his time with South Denver Gastroenterology, Dr. Kim has developed a part-time partnership model […]
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Payers have ‘no shame’ in limiting anesthesia coverage, says ASA president
Six months after a major insurance company withdrew plans for a policy that would have allowed health insurers to place time limits on anesthesia care, a New York State Assembly bill and a New York Senate bill may resurrect the policy. Anthem Blue Cross Blue Shield floated a policy that would have placed time limits […]
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