Category: ASC News

Oakland, Calif.-based Kaiser Permanente reported a net loss of $1.3 billion for the second quarter of this year. 

About 528,000 jobs were added to the U.S. economy in July, nearly doubling economist projections, and bringing the unemployment rate down to 3.5 percent. 

From pediatric complexes to $80 million outpatient facilities, new ASCs are popping up every month. 

The demand for ASCs from hospitals and health systems continued to grow over the past few years, according to a national survey by Avanza Healthcare Strategies.

ASCs are becoming increasingly popular with hospitals and health systems as more than 6 in 10 plan to increase their investments in ASCs, according to a national survey by Avanza Healthcare Strategies.

Three ASCs recently achieved milestones in robotic surgery, three new ASCs with robotics were built or announced, and one introduced a new robotic surgery line.

With hospitals bracing themselves for more monkeypox cases, ASCs should also be prepared for the infectious disease to surge. 

Newtown Square, Pa.-based physician Charles Garo Avetian, MD, was sentenced to one year and one day in prison for assisting in distributing controlled substances and submitting false income tax returns, DelCo Times reported Aug. 10. 

Middletown, N.Y.-based Garnet Health is scaling back on several outpatient services because of low patient volumes, increasing costs and supply shortages, News 12 Westchester reported Aug. 11.

U.S. inflation is currently at 9.1 percent, a 21-year high, and impending Medicare reimbursement cuts along with increasing overhead costs and staff wages are decreasing the already fine margins under which many ASCs and physician-owned practices opera…