Category: ASC News

Johnson & Johnson's layoffs: 4 things to know

No company has been immune from the economic factors causing waves of layoffs across the nation since 2020, including medical device giant Johnson & Johnson, whose companies include orthopedic franchise DePuy Synthes. 

5 updates on 5 major payers

Here are five updates on major insurers that ASC leaders should know:

Physician convicted for unlawful drug prescription 

A Florida physician has been convicted for unlawfully dispensing controlled substances. 

ASCs' biggest challenge? The ongoing 'change menace'

ASCs face several challenges headed into 2024, one being a fast-paced and ever-changing healthcare landscape that consistently keeps practices and administrators on their toes. 

SUNY facility to close or downsize, free up funds for new ASC

The state of New York is planning to significantly shrink or close University Hospital at Downstate in New York City’s Brooklyn borough, The New York Times reported Jan. 20. 

5 states with the highest, lowest life expectancy

Hawaii is the state with the highest life expectancy, while Mississippi has the lowest, according to personal finance site WalletHub.

10 best, worst states to retire

Florida is the best state to retire, while Kentucky is the worst, according to personal finance site WalletHub.

What rising physician pay means for ASCs

Physician pay has continued to steadily increase over the last few years, up by over $50,000 since 2018. 

New York man gets prison for $29M Medicare fraud scheme

A New York man has been sentenced to more than seven years in federal prison for a Medicare fraud scheme involving durable medical equipment. 

Healthcare year-end bonuses down 16% in 2023

On average, year-end bonuses for workers shrunk more than 20% in 2023, according to a Jan. 19 report from CNBC, based on a survey from payroll software company Gusto.