Category: ASC Transactions & Valuation Issues

The ASC financing conundrum

Independent ASCs are declining after decades of sinking reimbursement rates and soaring operational costs have forced ASC leaders and physicians to think critically about the future of their practice’s financing.  Financial stability and improved rates with payers are one of the central reasons that ASCs seek out partnerships with hospitals and health systems. However, the […]

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Single- vs. multi-specialty ASCs

The majority of ASCs specialize in a single specialty, with gastroenterology leading the way, according to a March 13 MedPAC report to Congress. Here’s a breakdown of ASC specialties, as of 2023: Editor’s note: A single-specialty ASC is defined as one with more than 67% of its Medicare claims in one clinical specialty. A multispecialty […]

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Atrium requests approval for ASC operating room relocation

Charlotte, N.C.-based Atrium Health has submitted a proposal to the state requesting the relocation of operating rooms from Gateway Surgery Center in Concord, N.C., to Atrium Health Cabarrus, also in Concord, according to a March 17 report from The Charlotte Observer. The relocation is part of a $9.2 million project aiming to bring additional surgical […]

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North Carolina physician sentenced in $2M+ fraud scheme 

A physician from Mount Airy, N.C. was sentenced to 30 months in prison and ordered to pay more than $2 million for his role in a fraud scheme, the Justice Department said in a March 14 news release.  What happened?

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