Author's posts
Trump’s healthcare leadership shakeup: 4 updates for ASCs
The Senate recently confirmed two of President Donald Trump’s selections to key healthcare leadership positions, and legislators are set to weigh in on other nominees. Here are four updates to know since March 23: 1.On March 25, the Senate confirmed Jay Bhattacharya, MD, PhD, as the director of the National Institutes of Health with a […]
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2025’s 10 richest healthcare billionaires
In Forbes‘ World’s Billionaires list, released April 1, highlights the world’s wealthiest individuals. Below is a breakdown of the 10 richest U.S.-based healthcare billionaires featured among Forbes’ 3,028 global entries. Note: The list is based on stock prices and exchange rates from March 7. 73. Thomas Frist Jr., MD, and family: $27 billion Dr. Frist […]
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Physician group agrees to pay $2.8M to settle False Claims Act allegations
Fairfax (Va.) Radiological Consultants has agreed to pay $2.88 million to resolve allegations it misrepresented payroll costs to obtain full forgiveness of a $6.8 million Paycheck Protection Program loan, according to an April 2 news release from the Justice Department. What happened?
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Sales director pleads guilty to $70.6M physician kickback scheme
A national sales director from Port Jefferson, N.Y., has pleaded guilty to a scheme involving kickbacks to physicians in exchange for ordering unnecessary brain scans, resulting in $70.6 million in fraudulent Medicare claims, according to an April 2 news release from the Justice Department. What happened?
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What’s stalling the outpatient cardiology revolution?
Despite projections of rapid growth, the outpatient migration of cardiology has not accelerated as expected — even as cardiology stands out as the fastest-growing ASC specialty, according to a 2022 report from Avanza. “When these procedures were approved, everyone thought there would be this rapid acceleration into cardiology, but that hasn’t really happened,” Vance Chunn, […]
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ASC block utilization by specialty
Gastroenterology has the highest percentage of block time utilization at ASCs, according to ASC software company HST Pathways’ latest “State of the Industry Report.“ Here’s the percentage of block time used at ASCs, by specialty, in 2024, according to data from 590 ASCs in 47 states:
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The ASC playbook that united a health system and local physicians
Shyroll Morris, senior vice president and chief strategy officer of Altamonte Springs, Fla.-based AdventHealth’s East Florida division, shared with Becker’s the health system’s ASC strategy and how it brought local physicians into closer alignment. In many established markets, health systems focus primarily on employed physicians. But AdventHealth found that forming strong partnerships with independent community […]
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‘Eventually there may not be many independents left’: Why ASCs are banding together for survival
Independent ASCs are under growing pressure as reimbursement fails to keep pace with rising operational costs, staffing shortages and mounting administrative burdens. In response to these challenges, Gregg Gordon launched Surgical Solutions IPA in 2024, one of the country’s first independent practice associations built solely for ASCs. Based in New York City, SSIPA works to […]
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5 hospitals shuttering services in 1 month
Here are five hospitals and health systems that shuttered services in the last month: 1. Peoria, Ill.-based OSF HealthCare will discontinue intensive care and obstetrics services at its medical center in Ottawa, Ill., and transfer them to a nearby facility in Peru, Ill. 2. East Ohio Hometown Pharmacy, a full-service pharmacy in Martins Ferry for […]
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USPI vs. Surgery Partners vs. HCA Healthcare: 12 financial notes
Here are 12 financial notes from three of the biggest ASC operators, pulled from their most recent financial reports: United Surgical Partners International (Dallas) 1. USPI reported $4.5 billion in net operating revenues for 2024, a 15.4% increase from $3.9 billion in 2023. 2. USPI’s net operating revenues for the fourth quarter of 2024 reached […]
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