Category: ASC News

Pennsylvania pain management specialist Raymond Kraynak, DO, was sentenced to 15 years in prison for opioid distribution that resulted in the deaths of five of his patients, the Justice Department said Aug. 4.

Former Lake Milton, Ohio, internal medicine physician Martin Escobar was sentenced to 25 years in prison for 54 counts of illegally prescribing controlled substances and 31 counts of healthcare fraud, the Justice Department said Aug. 4.

Jonathan Phillips, MD, former orthopedic surgeon at Orlando (Fla.) Health, joined Becker’s to discuss how the potential CMS pay cut will affect patients and why he chose to retire early. 

New York state has provided new economic assistance to aid healthcare industries hit by staffing shortages, according to an Aug. 3 report from NBC affiliate WGRZ. 

Sen. Josh Hawley, R-Mo., wrote a letter to the Federal Trade Commission urging it to look into Amazon’s planned $1.1 billion acquisition of One Medical. 

Dallas-based Tenet Healthcare estimates the cyberattack it suffered in April cost the company about $100 million during the second quarter, CEO Saum Sutaria, MD, said during a July 22 earnings call, according to Seeking Alpha.

Healthcare deals and transactions are down in the first half of 2022 by 23 percent compared to the same time last year, according to an Aug. 4 report from Bloomberg.

U.S. gas prices have dropped for seven weeks from $5 per gallon mid-June to near $4 per gallon, the Wall Street Journal reported Aug. 3. 

CVS Health plans to enter the primary care market by the end of this year, CNBC reported Aug. 3.

The Biden administration recently awarded grants to 32 workforce training partnerships as part of its $500 million Good Jobs Challenge.