Category: ASC News

Top-paying practice settings for physicians

Physicians have the highest annual mean wage in the computer systems design industry, according to updated data from the Bureau of Labor Statistics.

Physicians seek better relationships with private payers: Survey

While private payers often reimburse at higher rates than Medicare, physicians and their employers still want better relationships with them, according to Medscape’s 2024 “Physician-Private Payer Relationship Report.”

Hospitals and ASCs: 'It's not a them vs. us mentality anymore'

ASCs have established a significant presence within the healthcare ecosystem, driving hospitals and health systems to coexist with surgery centers. 

Millennial physician compensation in 2024: 11 things to know

The average compensation for millennial physicians — defined as  those under age 40 — reached $338,000 in 2023, up from $326,000 the year prior, according to a new Medscape report. 

Medical device maker, physicians, to pay $8M+ in kickback scheme

Ra Medical Systems and affiliated physicians will pay over $8 million across three settlements to resolve allegations that they colluded in a kickback scheme related to Ra Medical’s Dabra laser. 

5 studies on the costs, risks of physician acquisition

Here are five studies examining the costs and risks associated with physician acquisitions and practice consolidations:

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.