Category: ASC News

US healthcare billionaire net worth surpasses $113B in 2024

At the stroke of midnight on Jan. 1, Forbes updated its annual list of the richest people in the world, which includes 34 U.S. healthcare billionaires in 2024. 

Physician acquitted of $15M Medicare fraud conviction

The conviction of a Maryland physician for his role in a $15 million Medicare fraud scheme was vacated by a federal judge, according to a post by law firm Husch Blackwell on JD Supra.

Workers 65 and older are the workforce's fastest growing demographic

About 1 one in five workers aged 65 and older were employed in 2023, according to a December survey from the Pew Research Center. 

3 states bring back mask mandates: What it means for ASCs

States across the U.S. are starting to bring back mask mandates in healthcare settings as COVID-19 and other respiratory viruses spread at rapid rates, according to a Dec. 28 report from Newsweek.

ASCs see volume growth amid staffing challenges

While ASCs continue to see increased surgical volumes year over year, they are still finding it difficult to staff their centers, according to a 2023 survey from ORManager.

Siblings charged in $25M Medicare fraud scheme 

Two Florida siblings have been arrested and charged for their alleged role in a Medicare fraud scheme using claims for durable medical equipment. 

Two Florida men sentenced for fraudulent billing scheme that targeted rural hospitals 

Two Miami men were sentenced for a multistate scheme that used rural hospitals to bill for medically unnecessary urine drug testing. 

ASC CEO loses bid to replace George Santos

New York City-based Gramercy Surgery Center’s CEO Austin Cheng has lost his bid to be put forth as the party’s nominee in a special election runoff to replace unseated representative George Santos, according to a Dec. 7 report from CNN.

ASC CEO loses bid to replace George Santos

New York City-based Gramercy Surgery Center’s CEO Austin Cheng has lost his bid to be put forth as the party’s nominee in a special election runoff to replace unseated representative George Santos, according to a Dec. 7 report from CNN.

ASCs, physicians 'eagerly awaiting' resolution on noncompetes

President Joe Biden’s administration has been critical of noncompetes, particularly in healthcare, and some states have taken action to ban them. However, policy changes at the federal level haven’t been enacted yet.