Miami, and its surrounding areas, has recently been named the U.S. city hardest hit by inflation this year, according to an October report from WalletHub.
Category: ASC News
The bankruptcies affecting the ASC industry
Declaring bankruptcy is often the last resort for any organization, but sometimes it is a necessary step.
Louisiana man sentenced in $148M Medicare fraud, physician kickback scheme
A Louisiana man has been charged in connection with a $148 million Medicare and Medicaid fraud scheme that involved physician kickbacks from January 2013 to around August 2022.
The 14 largest debts facing female physicians
The leading debt generator for female physicians in 2023 is a mortgage on a primary residence, according to Medscape’s 2023 “Female Physician Wealth & Debt Report,” published Dec. 5.
New York looks toward total noncompete ban
New York Gov. Kathy Hochul is deciding whether or not to sign a bill that would prohibit all noncompete agreements, The Wall Street Journal reported Dec. 6.
Female physician compensation, net worth in 2023
Female physician compensation reached an average of $300,000 in 2023, according to Medscape’s 2023 “Female Physician Wealth & Debt Report,” published Dec. 5.
Why 7 ASCs closed in 2023
Hospitals and health systems aren’t the only healthcare organizations feeling the heat from financial and staffing struggles. Several ASCs have closed in 2023 for those very reasons and more.
Physician charged in $14M equipment fraud scheme
A Washington-based physician was charged for his alleged role in a medical supply scheme that defrauded Medicare and Tricare of more than $13.7 million.
Catholic Health taps new ASC medical director
Niagara (N.Y.) Ambulatory Center has tapped Charles Fetterman, MD, as its new medical director, according to a Dec. 5 report from the Lockport Union-Sun & Journal.
What to know about CMS' 3.1% payment update for ASCs
CMS finalized a 3.1% payment rate for ASCs in its 2024 final rule, an increase of .3% from the original rule.
