Bain Capital is close to inking a $2.6 billion deal to acquire healthcare software provider HealthEdge from private equity giant Blackstone, Private Equity Insights reported April 8. Here are three things to know: 1. Blackstone originally acquired HealthEdge in 2020 for $700 million during a surge in healthcare investment driven by the pandemic. Since then, […]
The post Bain Capital nears $2.6B health tech deal as Surgery Partners bid lingers appeared first on Becker’s ASC.
St. Louis-based Ascension continues to offload hospitals and ASCs in a bid to reorganize its portfolio and improve fiscal performance. Here are four notes on Ascension’s recent asset sales: 1. Ascension’s recent sale of four hospitals in southwest Michigan to South Bend, Ind.-based Beacon Health System represents a complete exit from the state. 2. The […]
The post A look into Ascension’s ASC sell-off strategy appeared first on Becker’s ASC.
Anesthesia coverage remains one of the most pressing issues in the ASC industry, driven by ongoing provider shortages and declining reimbursement rates. These factors are pushing ASCs to enter new partnerships and adopt innovative staffing models to maintain high-quality, uninterrupted care. Here are five ASC-anesthesia deals shaping the industry in 2025. 1. Steindler Orthopedics, based […]
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Orlango Health has opened the Winter Garden (Fla.) Surgery Center, according to an April 7 news release from the health system.
The 11,000-square-foot ASC features three operating rooms and 12 pre- and post-operative care bays.
Physicians at the…
On April 5, the Senate passed an amended fiscal 2025 budget revolution that maintained proposed cuts to Medicaid, including the introduction of work requirements. Here are 10 things to know about the work requirements and what they mean for physicians: 1. The work requirements proposal, introduced by Sens. John Kennedy, R-La., and Eric Schmitt, R-Mo., […]
The post Medicaid work requirements: Where they stand and what they mean for physicians appeared first on Becker’s ASC.
Glen Burnie-based University of Maryland Baltimore Washington Medical Center has acquired the Heart Center of Northern Anne Arundel County. The Heart Center, also based in Glen Burnie, Md., will join University of Maryland Baltimore Washington Heart Associates, the cardiology group affiliated with UM BWMC, according to an April 7 news release. The cardiologists at the […]
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Parijat Joy, MD, has sued the University of Iowa and its board of regents over claims of alleged discrimination, Iowa Capital Dispatch reported April 7. According to the report, Dr. Joy began working with the university in 2018 as a part of its cardiovascular disease fellowship. He then trained for several years as an associate […]
The post Physician sues U of Iowa for alleged ‘campaign of bullying’ appeared first on Becker’s ASC.
CVS Health has announced key leadership changes, appointing Brian Newman as CFO and Amy Compton-Phillips, MD, as executive vice president and chief medical officer. Here are five things to know: 1. Tom Cowhey, who joined CVS Health in 2022 as CFO, will transition to a new role as strategic adviser to President and CEO David […]
The post CVS Health names new CFO, CMO amid strategic realignment appeared first on Becker’s ASC.
Two owners of a Warwick, R.I.-based pain clinic have been indicted for healthcare fraud, according to an April 7 news release from the Justice Department. What happened? What’s next?
The post Clinic owners indicted for healthcare fraud appeared first on Becker’s ASC.
Here are the states with the most and fewest number of cardiologists, according to 2024 data from the Bureau of Labor Statistics, published April 2. The bureau released updated annual mean wage compensation data to reflect May 2024 information, the latest available. States with most cardiologists: States with fewest: This list includes ties. 1. (tie) […]
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