1. Vance Chunn, CEO of Mobile, Ala.-based Cardiology Associates, told Becker’s that while cardiology’s shift to outpatient is inevitable, it still has a years-long trajectory. Here’s the timeline Mr. Chunn anticipates for cardiology’s outpatient evolution: 2. As more cardiology and cardiovascular procedures shift toward the ASC setting, there could be a swing in consolidation in […]
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Here are hospitals, health systems and physician practices that have announced layoffs in April, as reported by Becker’s: 1. CVS Health will lay off 55 employees who report to Aetna’s headquarters in Hartford, Conn., due to the closure of the payer’s CareFree insurance plan. The majority of the affected employees work remotely outside of Connecticut. […]
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Alpharetta, Ga.-based Premier Anesthesia has forged a new partnership with four facilities in Gallipolis, Ohio-based Holzer Health System. According to an April 30 news release, the partnership extends to Holzer Gallipolis, Holzer Gallipolis Surgery Center, Holzer Jackson (Ohio) and Holzer Athens (Ohio) Surgery Center. Certified registered nurse anesthetists currently on the Holzer anesthesia team will […]
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Nags Head, N.C.-based Outer Banks Health is opening a cardiology practice in May. With Eastern Carolina Cardiovascular, which is located in OBH’s medical office building, set to close, patients will be able to transition to the OBH practice, according to an April 28 news release. Lindsey White, MD, of ECC is retiring, but will continue […]
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Patrick Conway, MD, CEO of Optum Rx, has been named CEO of Optum, the healthcare services arm of UnitedHealth Group and parent company of ASC chain SCA Health, effective May 6. Here are five things to know: 1. Dr. Conway has held multiple leadership roles at UnitedHealth Group since 2020. Most recently, he has served […]
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Nashville, Tenn.-based Tenet Healthcare, the parent company of ASC giant United Surgical Partners International, is planning to invest at least $250 million annually in mergers and acquisitions in the ambulatory space, executives shared during the company’s April 29 earnings call. Here are seven notes to know on Tenet’s USPI strategy: 1. “The pipeline looks good,” […]
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National Nurses United has issued a statement reaffirming its support for the Medicare for All Act. The bill was reintroduced in Congress on April 29 by Democratic Sen. Bernie Sanders and Democratic Reps. Pramila Jayapal and Debbie Dingell, according to the April 29 press release. The union wrote that the legislation comes at a vital […]
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Anesthesia coverage has become one of the most pressing issues facing ASCs today. As provider shortages worsen and reimbursement rates fail to keep pace with rising costs, many ASC leaders are struggling to establish and maintain sustainable anesthesia partnerships. Ten anesthesia leaders joined Becker’s to discuss the common mistakes ASC leaders make when developing anesthesia […]
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Healthcare is seeing a surge in entities pursuing opportunities arising from the transition from fee-for-service to value-based models, according to VMG Health’s 2025 Healthcare M&A Report, released on April 22. Here are 13 value-based care transactions shaping the industry, according to VMG Health. Payers and retailers 1. In January 2024, Cigna announced the sale of […]
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Becker’s reported on 13 new ASC developments in April: 1. Winston-Salem, N.C.-based Novant Health broke ground on a new outpatient surgical center in Leland, N.C. 2. The Empire Center for Special Surgery on Staten Island recently opened in New York. 3. Atrium Health Wake Forest Baptist held a ribbon-cutting ceremony on a $78 million outpatient […]
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