Here are five studies examining the costs and risks associated with physician acquisitions and practice consolidations:
Category: ASC News
Cigna in the headlines: 5 updates
Here are five updates on Cigna Healthcare in September, as reported by Becker’s:
California clinic chain to pay $7.7M to settle fraud, unclaimed property allegations
U.S. Healthworks, a chain of occupational and urgent care clinics, has agreed to pay $7.7 million to settle allegations it knowingly withheld millions of dollars in unclaimed property from the state of California.
Is consolidation fueling physician burnout?
According to the Physician Foundation’s annual “Survey of America’s Current and Future Physicians,” 6 in 10 physicians and residents reported experiencing burnout, and 50% of respondents said healthcare consolidation is having a negative impact on thei…
Why another ASC has closed its doors for good
A private ASC in Nacogdoches, Texas, closed its doors permanently in May, citing financial pressures, according to a May 10 report from The Daily Sentinel.
Michigan physician clinic, home raided for alleged pill mill
The clinic and home of a physician in Bloomfield Hills, Mich., has been raided for an alleged pill mill, WDIV reported Sept. 24.
Discrimination suit filed against New Jersey AmSurg ASC
A former billing manager for AmSurg-affiliated Affiliated Endoscopy Services of Clifton (N.J.) has filed a lawsuit against the ASC alleging employment discrimination under the Americans with Disabilities Act and the New Jersey Law Against Discriminatio…
Discrimination suit filed against New Jersey AmSurg ASC
A former billing manager for AmSurg-affiliated Affiliated Endoscopy Services of Clifton (N.J.) has filed a lawsuit against the ASC alleging employment discrimination under the Americans with Disabilities Act and the New Jersey Law Against Discriminatio…
Practice administrator sentenced for misappropriating nearly $600K
A former office manager and bookkeeper for a practice in Pawtucket, R.I., has been sentenced to more than two years in prison for misappropriating nearly $570,000 in medical funds and $11,000 in state benefits.
What ASCs want from CMS: 4 things to know
ASCs leaders and physicians are at a pressure point between rising inflation, increased demand for healthcare services and declining reimbursements from Medicare and private payers.
