More than 108,700 physicians have shifted to employment from 2019 to 2021, with 58,200 physicians joining hospitals and 50,500 moving to other corporate entities, according to an April report from Avalere.
Category: ASC News
Patients unhappy with ‘corporate medicine’ will look to independent ASCs, physicians
Hospitals and corporate entities continue to snap up independent physician practices — a trend that has seen a significant spike because of the heightened economic challenges brought by the pandemic — but not all patients are happy with the level of ca…
Which ASCs will win in their market?
The future is bright for ASCs, but amid rising costs and declining reimbursement, many leaders stress the importance of focused growth plans and other strategies to win in their market.
Nurse pay vs. physician pay for each state
Nurses earn less than a quarter of what physicians earn in seven U.S. states, according to data from ZipRecruiter.
Nurse pay vs. cost of living in each state
The state where average nurse pay goes the furthest is Kentucky, according to data from ZipRecruiter and the Massachusetts Institute of Technology’s Living Wage Calculator.
Tennessee physician permanently barred from prescribing schedule II and III drugs
Manchester, Tenn., physician David Florence, DO, agreed to be permanently barred from prescribing schedule II and most schedule III controlled substances, the Justice Department said May 18.
Connecticut physician fined for fraudulently prescribing
Oxford, Conn., physician Marc Legris, MD, was hit with a $10,000 fine for using another physician’s name and Drug Enforcement Agency registration number to prescribe controlled substances to a relative, Hartford Courant reported May 17.
Indiana physician fired for objecting to 10-minute patient visits, lawsuit claims
A physician at Indianapolis-based Indiana University Health Physicians has sued the health system, saying he was demoted and then terminated after objecting to keeping each patient’s visit to 10 minutes, Indiana Business Journal reported May 16.
As ASC industry booms, hospitals look to outpatient models
It’s no secret that orthopedic care is one of many specialties migrating to the outpatient setting, and hospitals and health systems are making several strategic shifts to keep up with this trend.
ASCs battle the ‘rising cost of everything’
For many ASC leaders, the biggest obstacle to care is skyrocketing costs driven by supply and labor shortages, as well as a 40-year inflation apex of 8.5 percent.
