Amid persistent staffing challenges, shrinking reimbursements and tighter margins an overlooked, and often critical, threat to ASC profitability is inefficient block time utilization, leaders told Becker’s. “One of the most overlooked cost factors threatening ASCs is the inefficient use of OR time, specifically, underutilization or poor scheduling practices,” said Heather Combs, RN, ASC administrator at […]
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California saw the largest increase in the average annual wage for registered nurses from 2023 to 2024, according to data from the Bureau of Labor Statistics. Across the U.S., the average pay for RNs increased $3,950 from 2023 to 2024, reaching $98,430. Here are the five states with the largest jumps in compensation for registered […]
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Sightview, an electronic health record and practice management partner focused on eyecare, has appointed Tycene Fritcher as CEO. Ms. Fritcher will help implement new technologies to improve its offerings for ophthalmologists and other eye care providers, according to a June 16 news release. She has more than 20 years of experience in healthcare IT and […]
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In May, Lawrence Kim, MD, began his term as the 120th president of the American Gastroenterological Association Institute. A private practice partner based in Denver, Dr. Kim has spent years prioritizing diversity in gastroenterology and spearheading the creation of a joint venture in gastrointestinal pathology, helping to establish South Denver Gastroenterology as one of the […]
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The ASC industry is at a watershed moment as hospitals and health systems mature their ASC operations, and private equity groups increasingly eye ASC acquisitions for their low-cost, high profit potential. Twenty-five ASC leaders and physicians joined Becker’s to discuss their thoughts on mergers and acquisitions in the ASC space over the next five years. […]
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Amaros, a developer of an ophthalmic AI platform, has closed on a series A financing round. The additional funding will help the company continue product development, expand commercial partnerships and scale its engineering, clinical and data sciences teams, according to a June 17 news release. The company’s EvidenceEngine platform integrates data sets including electronic medical […]
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As healthcare consolidation accelerates and operational pressures mount, independent rural ASCs are under threat. These facilities are not only fighting for their survival but also for the health and economic stability of the communities they serve. Across the country, rural ASCs are navigating an increasingly complex landscape. Declining reimbursements, evolving payer mixes, rising operating costs […]
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Becker’s has reported on at least 12 physician practice and ASC closures so far in 2025. Reasons for closure range from staffing issues to the soaring cost of rent and other operational expenses. Here are seven physician practices that have closed this year and the reasons behind their closures 1. Bond Eye Associates (Peoria, Ill.) […]
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Brentwood, Tenn.-based Surgery Partners has rejected a proposal from private equity firm Bain Capital to acquire all outstanding shares not already owned by the firm, reaffirming its commitment to remain an independent, publicly traded company. Following a review by its independent committee, the company concluded that the value and growth prospects of staying independent outweighed […]
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St. Louis-based Ascension entered into a definitive agreement June 17 to acquire AmSurg, a move set to significantly scale its ASC presence across the U.S. AmSurg, headquartered in Nashville, Tenn., partners with around 2,000 physicians and operates 250 ASCs, making it the second-largest ASC chain nationally, trailing only Tenet’s United Surgical Partners International. The company […]
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