Author's posts
Physician group faces lawsuit following data breach
Kansas City, Mo.-based Sunflower Medical Group is facing a class-action lawsuit for allegedly failing to protect patient and employee data, resulting in a cybersecurity breach that exposed sensitive, personally identifiable information and protected health information, according to court documents accessed by Becker’s. What happened? What’s next?
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Bain Capital’s bid for Surgery Partners: What it says about PE’s ASC interest
Brentwood, Tenn.-based Surgery Partners reported a record-breaking $3.1 billion in annual revenue, while Bain Capital’s bid to take the company private underscores private equity’s continued interest in the ASC market, according to a March 17 analysis from VMG Health. Bain’s initial 2017 investment at $19 per share was one of many private equity plays that […]
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Who’s snapping up physicians? 20 deals to know
Here are 20 deals in the last two years to know involving physician practice and group acquisitions: Private equity-backed groups Amazon Optum CVS Other acquisitions to note:
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Physicians per capita in all 50 states
Massachusetts has the highest physician-to-population ratio, according to the 2023 Association of American Medical Colleges State Physician Workforce Data Report, the latest available. Here are the physicians per capital in all 50 states State Total active physicians Active physicians per 100,000 Massachusetts 32,116 466 Maryland 23,791 393.5 New York 75,749 389.4 Vermont 2,410 386.2 Rhode […]
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What’s going on with CVS Health?
CVS Health is reevaluating its role in healthcare as financial pressures mount. The company, along with other major retailers, is scaling back its healthcare ambitions in response to economic and operational challenges. In 2024, CVS reported total revenues of $173.6 billion for its health services segment, reflecting a 7.1% decline year over year. Fourth-quarter revenue […]
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USPI, HCA & Surgery Partners are shaking up their ASC strategy
As the ASC industry continues to evolve, major players are adapting their strategies to meet market demands, regulatory changes and shifting patient needs. Three of the largest ASC operators — United Surgical Partners International, HCA Healthcare and Surgery Partners — have made significant investments in expanding their networks, focusing on high-acuity procedures and navigating regulatory […]
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Colonoscopy costs in all 50 states for HOPDs vs. ASCs
Colonoscopies cost more in hospital outpatient departments than ASCs in all 50 states, according to data from insurance company Sidecar Health’s cost calculator. Here’s a breakdown of the average cash price for HOPDs and ASCs for colonoscopies per state: State Average cash price for HOPDs Average cash price for ASCs Alabama $1,502 $1,062 Alaska $2,033 […]
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Physician vs. healthcare CEO pay
Here are seven stats to know about how physician pay stacks up compared to CEO pay: 1. The average annual salary of CEOs in the healthcare sector in the U.S. is $231,870, according to the most recent Bureau of Labor Statistics employment survey, with an average hourly wage of $111.48. 2. The average yearly salary […]
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How Sutter Health is approaching ASCs in a changing payer landscape
Bradley Heaton, CEO of the surgery center division at Sacramento, Calif.-based Sutter Health, joined Becker’s to discuss how the health system is leveraging ASCs to enhance patient access, support affordability and adapt to value-based care trends. Question: What does the relationship between ASCs and growing hospitals and health systems look like in your state? Bradley […]
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What NPs earn per hour in all 50 states
California leads the nation with the highest average hourly wage for nurse practitioners at $77.66, while Tennessee has the lowest at $49.86, according to the May 2023 Bureau of Labor Statistics employment survey, the most recent information available. Here is the average hourly pay rate for nurse practitioners in the U.S. by state: Alabama $52.89 […]
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