Author's posts
Are independent ASCs at risk?
The sustainability of independent ASCs is becoming an increasing concern as rising practice costs outpace reimbursement rates. Many ASCs are feeling the financial squeeze, and some leaders worry about the challenges of maintaining physician ownership, particularly as aging surgeons fail to transition the business to younger physicians. Jeffrey Flynn, administrator and COO of New York […]
The post Are independent ASCs at risk? appeared first on Becker’s ASC.
Are independent ASCs at risk?
The sustainability of independent ASCs is becoming an increasing concern as rising practice costs outpace reimbursement rates. Many ASCs are feeling the financial squeeze, and some leaders worry about the challenges of maintaining physician ownership, particularly as aging surgeons fail to transition the business to younger physicians. Jeffrey Flynn, administrator and COO of New York […]
The post Are independent ASCs at risk? appeared first on Becker’s ASC.
Antikickback and ASC ownership: The compliance risks to know
Medicare-certified ASCs are subject to numerous federal laws — including the Anti-Kickback Statute — that require compliance when bringing in or terminating surgeon owners, according to a recent article in the March 2025 issue of Surgery Business magazine. Here are six strategies to mitigate these risks, according to the article. Selecting new surgeon owners ASCs […]
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GI leaders sound the alarm on anesthesia challenges
Anesthesia plays a crucial role in the efficiency and success of ASCs, particularly in gastroenterology procedures. Five GI leaders recently joined Becker’s to discuss growing challenges and what they believe needs to change to ensure ASCs can continue providing high-quality care. Question: What is the biggest challenge ASCs face regarding anesthesia today, and if you […]
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ASCs anesthesia nightmare and how 36 experts would fix it
The more than 36 leaders featured in this article spoke at Becker’s 30th Annual Meeting: The Business and Operations of ASCs, Oct. 30 to Nov. 2, 2024, at the Hyatt Regency in Chicago. If you would like to join the event as a speaker, please contact Patsy Newitt at pnewitt@beckershealthcare.com As part of an ongoing […]
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Single- vs. multi-specialty ASCs
The majority of ASCs specialize in a single specialty, with gastroenterology leading the way, according to a March 13 MedPAC report to Congress. Here’s a breakdown of ASC specialties, as of 2023: Editor’s note: A single-specialty ASC is defined as one with more than 67% of its Medicare claims in one clinical specialty. A multispecialty […]
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Illinois physician pleads guilty to evading $1.6M in taxes
A Lake Forest, Ill., physician has pleaded guilty to tax evasion for hiding assets and lying to the IRS about his ability to pay approximately $1.6 million in taxes. What happened? What’s next?
The post Illinois physician pleads guilty to evading $1.6M in taxes appeared first on Becker’s ASC.
Pennsylvania physician practice to close
A physician practice in Saint Mary, Pa., is slated to close, according to a March 15 notice in The Courier Express. The pediatrics practice of John Gorlowski, MD, will be offering appointments until May 15, and the office will be open until June 19, according to the release. The notice asks patients to contact the […]
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North Carolina physician sentenced in $2M+ fraud scheme
A physician from Mount Airy, N.C. was sentenced to 30 months in prison and ordered to pay more than $2 million for his role in a fraud scheme, the Justice Department said in a March 14 news release. What happened?
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Medicare payments to ASCs surge nearly $2B since 2018
Medicare payments to ASCs jumped nearly $2 billion between 2018 and 2023, according to a March 13 MedPAC report to Congress. Here’s a chart illustrating the growth in Medicare fee-for-service payments to ASCs from 2018 to 2023: Year Medicare payments to ASCs 2018 $4.9 billion 2019 $5.2 billion 2020 $5.6 billion 2021 $6 billion 2022 […]
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