Patsy Newitt

Author's posts

Real estate joint venture acquires 8 ASCs

A joint venture between AEW Capital Management and Flagship Healthcare Trust has acquired eight ASCs across seven states, the company said in a Nov. 30 news release shared with Becker’s. 

 $3B for the most expensive ASC projects in 2022 

Here are 10 of the most expensive ASC projects in 2022, totaling more than $3 billion:

'The standard of medicine in this country will continue to decline': 4 leaders on reimbursements

Here are four leaders’ thoughts on reimbursements:

What we heard this month from ASC leaders: November 

From GI tech to payer behavior, here are three ASC leaders on the industry:

Pennsylvania physician sentenced to up to 6 years for unlawful opioid prescription

Doylestown, Pa.-based Richard Alan Kondan, DO, has been sentenced to two to six years in prison for unlawful prescription of opioids, the Bucks County District Attorney’s Office said Nov. 29. 

The specialties driving ASC growth

As procedures migrate to the outpatient setting, ASC leaders are seeing cardiology and orthopedics as huge opportunities for growth. 

Justice Department to appeal the ruling that cleared the UnitedHealth-Change merger & 5 more updates

Here are six updates from UnitedHealthcare, one of the largest payers, since Nov. 17:

Physician pay in the last 5 years

Here’s how much physicians were paid on average over the last five years, pulled from Medscape’s physician compensation reports:
 

Michigan ASC gains orthopedic certification

Troy, Mich.-based UnaSource Surgery Center has snagged Advanced Orthopaedic Certification from the Accreditation Association for Ambulatory Health Care, the company said in a Nov. 28 email to Becker’s. 

What ASCs are doing instead of consolidating

The healthcare industry is increasingly consolidating as operation costs soar — physicians are migrating to employed models and private practices are being bought up by larger entities.