Category: ASC News

HCA sees over $17B in revenue, outpatient volume declines second quarter in a row

Nashville, Tenn.-based HCA Healthcare, owner of the largest ASC chain in the U.S., posted nearly $1.46 billion in income and nearly $17.5 billion in revenue in the second quarter of 2024, according to the company’s July 23 earnings report.

5 physician Medicare fraud cases in 1 month

Here are five cases of physicians facing allegations of Medicare fraud Becker’s has reported on in the last month:

Indiana physician sentenced to 5 years for Medicaid fraud

A Muncie, Ind., physician has been sentenced to five years for Medicaid fraud, among other charges, Fox59 reported July 22. 

Legal fight over a contested Alabama ASC persists

The legal battle over a contested ASC in Hoover, Ala., persists after an initial May 28 hearing, according to a report from Alabama Today. 

Ohio physician sentenced for $8M+ Medicare fraud scheme

Ankita Singh, MD, a physician in Maumee, Ohio, was sentenced to 26 months in prison for her role in a scheme to defraud Medicare. 

Rhode Island hospital recognized as Level 1 pediatric surgery center

Providence, R.I.-based Hasbro Children’s Hospital has been verified as a Level 1 Children’s Surgery Center by the American College of Surgeons, reported by Providence Business News on July 21. 

5 hospitals ending services in 1 month

Five hospitals announced plans to end services in the last month, which could mean an opportunity for ASCs in these markets to add specialties.

Physician convicted for unlawfully prescribing opioids while serving on the Kentucky licensing board 

A pain physician who formerly practiced at Crestview, Ky.-based Interventional Pain Specialists was convicted July 19 for unlawfully prescribing opioids. 

5 things to know about certificate-of-need laws and ASCs

Certificate-of-need laws require healthcare providers and systems to get permission from the state before expanding or building new facilities, and they can be controversial among providers. They’re particularly relevant for the ASC industry, as physic…

2 New Jersey residents plead guilty to helping physician distribute opioids 

Two residents in Paterson, N.J., admitted to conspiring with a physician to distribute opioids without a legitimate medical reason.