Category: ASC News

Here are three recent updates by CMS that are impacting ASCs:

The Medical Group Management Association commented on  CMS’ calendar year 2025 physician fee schedule and quality payment program proposed rule. 

A Boston physician agreed to pay $25,000 in penalties to settle allegations that he violated the Controlled Substances Act.

Average earnings for medical residents have grown just 27% over the last nine years, reaching an average of $70,000 in 2024, according to Medscape’s “Resident Salary & Debt Report 2024,” published Sept. 11. 

Modesto, Calif.-based, physician-owned Stanislaus Surgical Hospital said it will suspend operations indefinitely and lay off employees after CMS terminated its provider agreement, a spokesperson for the hospital confirmed to Becker’s.

Here are three updates payer policies and decisions that ASCs need to know:

Medscape has named the 15 best cities for physicians to retire in 2024, taking into consideration factors including the cultural scene, year-round weather, living costs, access to healthcare and outdoor recreational activities. 

Physicians today are caught between growing consolidation of hospitals and large health systems on the one hand and increased financial pressure on ASCs and independent practices on the other. 

Hawaii has been crowned the happiest state in America for 2024, up from second place in 2023, according to WalletHub’s annual “Happiest States in America” list, published Sept. 9. 

An empty shopping-center space in Middletown, Ky., has earned city council approval to be converted to a medical office building, according to a Sept. 9 report from the Journal-News.