Category: ASC News

Hospitals, corporations scoop up 8K private practices in 2 years

Approximately 8,100 private practices were acquired by hospitals or corporations in 2022 and 2023, according to the Physicians Advocacy Institute’s “Hospital and Corporate Acquisition of Physician Practices and Physician Employment” report, published i…

The physicians paying million-dollar Stark law settlements

Here are three physicians that have paid million-dollar Stark law settlements:

What services are hospitals shuttering?

Becker’s has reported on 28 hospitals shuttering services since Feb. 1, a large majority of which are emergency departments and birthing services. 

Outpatient care driving demand for medical office buildings: 6 notes

A growing shift toward outpatient care has led to an increased demand for medical office buildings, according to a new report from real estate company JLL.

Why 3 physician groups, practices closed

As physician groups and practices face rising costs and declining reimbursements, many are forced to shutter. 

Number of physician assistants in every state in 2024

New York has 16,690 active physician assistants, the most of any state, according to data from the Bureau of Labor Statistics.

Physician ASC owner charged with felony after unlicensed man performed surgeries 

A physician has been charged for allowing an unlicensed surgical assistant to perform surgery at the cosmetic ASC he owned and operated in Houston, Texas, ABC13 reported April 9. 

No. of outpatient PE deals in 2023 by specialty

Outpatient care saw 195 private equity deals in 2023, the most of any healthcare subsector, according to the Private Equity Stakeholder Project.

10 states facing the highest risks from private equity

New Mexico is most at risk of facing negative impacts from private equity deals, according to new data from the Private Equity Stakeholder Project.

Patient wins $3.2M in suit against Cleveland Clinic physician 

A patient in Florida has won a $3.2 million lawsuit against a physician who allegedly misdiagnosed him, leading to a lost leg from a flesh-eating bacteria, NBC affiliate WPTV reported April 8.