There were 57 healthcare bankruptcy filings studied in 2024, down from 79 in 2023, according to a report on Chapter 11 bankruptcy filings from healthcare restructuring advisory firm Gibbins Advisors.
Category: ASC News
Regent Surgical expands C-suite
ASC development and management company Regent Surgical has added two new members to its C-Suite. Kendall Hagood will serve as chief commercial officer, while Riley Orr will serve as chief operating officer.
Surgery access struggles continue: 9 things to know
An increasing number of people in the U.S. face one-hour-plus drives to reach surgery centers, according to two new studies, U.S. News & World Report reported Feb. 12.
New York nurse practitioner sentenced for $11M disability loan fraud scheme
A nurse practitioner has been sentenced to five years in prison after stealing the identities of 12 physicians and orchestrating an $11.2 million disability loan fraud scheme.
New York physician convicted in $24 million fraud scheme
Queens, N.Y., physician, Alexander Baldonado, MD, was found guilty of a scheme that resulted in more than $24 million in fraudulent Medicare claims for medically unnecessary lab tests and orthotic braces.
New York physician sues Optum over alleged disability discrimination, retaliation and fraud
A New York physician has sued her employers and another physician for alleged disability discrimination and violation of several other state laws according to court documents obtained by Becker’s.
4 things to know about the 2025 ASC covered procedures list
Procedures, especially in certain physician specialties, are rapidly moving to the ASC setting as patients increasingly want to avoid hospitals, cut costs and recover at home.
Florida physician's $31M conviction overturned after witnesses allegedly lied about kickbacks
A West Palm Beach, Fla.-based addiction recovery physician has had his conviction overturned after it was revealed that a key witness lied about paying him kickbacks, Miami Herald reported Feb. 10.
Medical societies in every state push for reversal of physician pay cuts
Eighty healthcare organizations and 50 state medical societies wrote a letter to federal lawmakers urging them to reverse the latest round of cuts to Medicare payments.
Rising minimum wage & more labor cost changes affecting ASCs
More than 20 states increased their minimum wage on Jan. 1, increasing wages for more than nine million workers by a total of nearly $6 billion, according to the Economic Policy Institute.
