Home health companies Guardian Health Care, Gem City Home Care and Care Connection of Cincinnati have agreed to pay $4.5 million to settle claims they provided kickbacks to physicians and assisted living facilities for Medicare referrals.
Median monthly physician practice expenses exceeded $1 million for the first time in May, according to a report from Strata’s Monthly Healthcare Industry Financial Benchmarks.
As interest in ASCs grows among physicians, administrators and patients, health systems, corporate entities and private equity groups are venturing into the outpatient surgery sector.
Several health systems and physicians have moved to enter the ASC market in 2024. Amid growing competition, being fiscally savvy has become increasingly important in the outpatient space.
Independent ASCs often struggle to compete with larger providers in securing lucrative contracts for reimbursements and supplies, but have a critical edge when it comes to recruitment.
A physician in the Chicago suburbs has pleaded guilty to a $2.4 million healthcare fraud scheme of billing Medicaid and private insurers for nonexistent services.
While 41% of physicians report feeling equally excited and terrified about artificial intelligence in medicine, it has important uses in the field, including performing the back-end work done by EHR software, the American Medical Association’s immediat…