The Center for Special Surgery in Fargo, N.D., suffered an electrical fire in 2021 that damaged its video signal infrastructure, AVNetwork reported Feb. 28.
Category: ASC News
3 recent physician kickback suits totaling $300M+
Three kickback suits involving physicians have been settled in the last month, according to the Justice Department, totaling more than $300 million.
New York governor resumes nonemergency surgeries
New York Gov. Kathy Hochul ended the mandate pausing nonemergency surgeries in the state, according to local NBC affiliate WGRZ.
What ASCs, physicians stand to lose when the national emergency ends
President Joe Biden said Feb. 18 he will extend the national emergency, first declared March 13, 2020, as a result of the COVID-19 pandemic beyond April 14.
South Carolina hospital moves vaccine clinic to outpatient surgery center
West Columbia, S.C.-based Lexington Medical Center is moving its COVID-19 vaccine clinic, Lexington County Chronicle reported Feb. 25.
3 ASCs totaling more than $53M facing opposition
The ASC industry is projected to boom in the coming years as CMS, commercial payers and patients push procedures out of hospitals to the ambulatory environment, where they can be performed at a lower cost.
ASCs have $934K cash on hand: 12 regional statistics
ASCs need cash reserves on hand to survive in the event of sudden market changes, natural disasters or another pandemic.
Top ASCs make more than 40% profit
Some ASCs are simply more profitable than others, and the reasons vary, from the surgical specialties offered to the location and more.
Noncompete agreements: What physicians should know in 2022
Noncompete agreements prohibit physicians for a certain period of time from joining a competing practice or setting up their own within a particular geographic distance from their previous practice. But regulations vary from state to state and a recent…
Average ASC operating room cases jump 73%: 10 stats
The number of daily cases performed in an ASC operating room has jumped from three to 5.2 since 2011, according to VMG Health’s “Multi-Specialty ASC Benchmarking Study” for 2022.
