Category: ASC News

Physicians in this region pay the highest malpractice premiums

The Northeast has the highest malpractice premiums in the country, according to Medical Economics’ “2022 Physician Report” released June 16. 

Supreme Court clarifies liability standard for physicians prescribing controlled substances

The U.S. Supreme Court clarified June 27 what the “knowingly or intentionally” standard is for prosecutions against physicians accused of overprescribing medication, according to an article in JDSupra.

Feds crack down on illegal drug prescribing

In the last month, Becker’s has reported on at least three physicians who have come under fire for illegally prescribing drugs. 

Physicians balk at ‘devastating’ Medicare proposed pay cuts

Physicians are baffled by Medicare’s physician fee schedule proposed rule for 2023, which would reduce the conversion factor by 4.42 percent to $33.08 and potentially decrease older adults’ access to care.

West Virginia hospital pays $1.5M to settle self-referral allegations

Weirton (W.V.) Medical Center has agreed to pay $1.5 million to resolve allegations that it violated physician self-referral laws, the U.S. Justice Department said July 7.  

Bill easing Pennsylvania ASC restrictions awaits governor’s signature

Some of the bureaucratic red tape that Pennsylvania surgery centers face will be stripped away once Gov. Tom Wolf signs legislation two years in the making, wearecentralpa.com reported July 7.

New York physician blames insurance company, health center for bankruptcy

A Rockland, N.Y.-based physician has blamed his bankruptcy on Fidelis Care health insurance and Spring Valley, N.Y.-based Refuah Health Center, Westchester & Fairfield County Business Journals reported June 7. 

Physician practice owners work more hours than non-owners, report finds

Physician practice owners work, on average, two more hours a week than non-owners, according to Medical Economics’ “2022 Physician Report” released June 18. 

Medical equipment company CEO pleads guilty to $17M in Medicare fraud

A Raleigh, N.C.-based CEO of two companies pleaded guilty to defrauding Medicare of more than $17 million, the U.S. Justice Department said July 6. 

Where physicians made bad investments: 4 insights

While 30 percent of specialist physicians recently invested in a stock or company that turned out badly, others made more drastic investment choices, according to Medscape’s “Physician Wealth & Debt Report 2022.”