Jersey City, N.J.-based Character Biosciences has raised $93 million in a series B financing round. The funding will be used to advance the company’s pipeline of therapies to treat degenerative eye diseases, starting with age-related macular degeneration, according to a March 25 news release from the company. Character Biosciences has partnered with more than 150 […]
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Many physician practices have begun using third-party billing companies to alleviate their staff of complex and time-consuming billing processes. Taylor Johnson, manager of physician practice development for the American Medical Association, said in a recent AMA podcast that outsourcing billing to third parties can be critical to improving physician practices’ efficiency. “In many small practices, […]
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Newport Beach, Calif.-based TriasMD is opening a DISC Surgery Center in California. The 12,000-square-foot facility will expand access to outpatient spine surgery, orthopedics and pain management, according to a March 25 news release from the company. The DISC Surgery Center at Carlsbad (Calif.) includes three operating suites integrated with surgical and motion preservation technology. Glenn […]
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As spine surgery continues to evolve with technological advances and a push toward value-based care, more procedures are shifting to ASCs. Amid new minimally invasive techniques, improved pain management protocols and surgical innovations, procedures once exclusively done in hospitals are increasingly performed safely and effectively in outpatient settings. Several spine surgeons joined Becker’s recently to […]
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A March 14 MedPAC report found that while certificate-of-need laws are a major factor in ASC development, other state-specific factors, such as healthcare payment models and demographics, can blunt their effects. Here are five things to know certificate-of-need laws and ASCs, according to the report: 1. More states are moving to change their certificate-of-need laws. […]
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Wyoming Gov. Mark Gordon recently signed a bill into law that will make noncompete clauses illegal in the state, KGAB reported March 25. The bill was initially sponsored by state Sen. Tara Nethercott of Laramie. She told the outlet that the bill aims to bolster the state’s economy by removing “artificial” barriers to talent recruitment […]
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State Farm Mutual Automobile Insurance Company has been given the go-ahead to proceed with its lawsuit against a network of medical providers and surgery centers that it alleges participated in a patient-brokering scheme, according to a March 26 report from Insurance Business Magazine. The lawsuit alleges that the insurer was billed for inflated medical bills […]
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Nanosonics has received FDA De Novo clearance for its new Coris system, a technology designed to improve the cleaning of flexible endoscopes and reduce infection risk, according to a March 20 news release from the company. Coris uses an automated cleaning process to clean the internal channels of endoscopes, such as colonoscopes, where biofilm and […]
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ALN Medical Management, Lincoln, Neb.- based medical billing provider, filed a notice of a data breach after discovering that an unauthorized party was able to access files stored on a third-party hosting service, according to an article published by law firm Console and Associates in JD Supra March 25. The notice, filed March 21, was […]
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Becker’s has reported on 20 hospital and health system layoffs since Jan. 1. Here’s a state-by-state breakdown: California Oakland-based Kaiser Permanente will cut 64 jobs, mainly in business and IT roles, by April 25, per WARN notices. The system also plans to cut 52 positions tied to its Educational Theatre initiative across multiple cities, effective […]
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