COVID-19 spurred a sharp increase in mergers and acquisitions, accelerating a trend of consolidation. By the end of 2020, nearly 70 percent of physicians reported being employed by hospitals or corporations.
Category: ASC News
ASCs are handling more cases: 5 stats on that trend
The average total cases performed by an ASC per day has jumped 10 percent since 2011, according to VMG Health’s “Multi-Specialty ASC Benchmarking Study” for 2022.
7 updates from Capitol Hill
A slew of lawsuits targeting the No Surprises Act and six more updates from the government from the last two weeks:
3 ASCs tackling women’s healthcare disparities
ASCs are tackling women’s healthcare disparities nationwide. Below are three examples of these efforts from different states:
Physician under fire for alleged fraud, improper employee bonuses
New details have emerged about the California Justice Department’s fraud investigation into a pain management center chain that closed abruptly in May 2021, according to the Los Angeles Times.
10 worst cities, specialties for physician pay
A career in medicine offers some of the best job-fulfillment opportunities out there, but as of 2022, money still makes the world go ’round.
ASC procedures up 11% over 11 years
The average number of procedures performed in an ASC per year has jumped 11 percent since 2011, according to VMG Health’s “Multi-Specialty ASC Benchmarking Study” for 2022.
Bad news for Optum
Amid lingering antitrust issues, Optum’s $13 billion acquisition of data analytics firm Change Healthcare is facing more hurdles as it faces a Feb. 22 deadline to close. Optum owns one of the biggest ASC chains in the U.S., Surgical Care Affiliates, an…
Most ASCs spend this much of their budget on employee pay
ASCs come in different sizes, and the gaps in operating revenue between the smallest and the largest can be tens of millions of dollars.
10 states with fewest active RN licenses
Wyoming and North Dakota have the fewest number of active registered nurse licenses, according to data from the National Council of State Boards of Nursing.
