Private equity’s influence on the ASC industry has been undeniable over the past few years, scooping up independent practices left and right. However, there are still ASCs and centers that have remained independent throughout the infusion and influx of private equity dollars into the space, including Amarillo Urology Associates in Texas. Cashing in potential future […]
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Under half of physicians (38%) are currently involved in an entrepreneurial venture, or are considering one, outside of their traditional work, according to Medscape’s 2025 “‘I Get to Be Creative Again — That’s the Juice’: Medscape Physicians as Entrepreneurs Report 2025,” report, published June 13. Here are six things to know about physicians’ entrepreneurial ventures: […]
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Here are five physician group deals to know from the last year: 1. Grass Valley, Calif.-based Dignity Health Medical Group — Sierra Nevada, a service of Dignity Health Medical Foundation, acquired Sierra Nevada Gastroenterology, also based in Grass Valley. The clinic closed June 9 and reopened June 16, rebranded as Dignity Health Medical Group — […]
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NorthStar Anesthesia is deepening its relationship with AdventHealth, partnering with AdventHealth Ottawa (Kan.). Anesthesia services provider NorthStar Anesthesia has more than 4,000 anesthesiologists and CRNAs under its banner, and partners with 280 health care clients across 25 states. The new partnership will support the reopening of AdventHealth Ottawa’s obstetrics program, according to a June 16 […]
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CoxHealth and St. Louis Children’s Hospital have finalized a partnership agreement to expand pediatric care in Missouri. Part of the initiative includes constructing a standalone outpatient center that will include ambulatory surgery and pediatric specialty care clinics, imaging, laboratory services and infusion, according to a June 12 news release from CoxHealth. The center will be […]
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Here are 10 recent statistics and data points that illustrate the mounting pressures facing cardiologists: 1. Patients in the U.S. wait an average of 32.7 days to see a cardiologist, according to a recent report from AMN Healthcare. 2. That figure marks a 23% increase from 2022, when the average wait was 26.6 days. In […]
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Michael Lucchesi, MD, former emergency medicine chair and chief medical officer at New York City-based SUNY Downstate, pleaded guilty to stealing about $1.44 million by using a business credit card for personal expenses, the Kings County District Attorney’s Office said in a June 13 news release. What happened? From December 2016 to January 2023, Dr. […]
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Four Florida residents have been charged for their role in a Medicare fraud scheme involving physician kickbacks, the Justice Department said in a June 12 news release. What happened?
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From revenue cycle to supply costs, five ASC leaders joined Becker’s to discuss the current threats to ASC success. Editor’s note: These responses have been edited lightly for clarity and length. Question: What currently poses the greatest threat to ASC success? Trina Cole, BSN, RN. Administrator of St. Luke’s Surgicenter Lee’s Summit (Mo.): I would […]
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ASC development company Constitution Surgery Alliance has secured an investment from private equity firm Welsh, Carson, Anderson & Stowe. CSA, which launched in 1998, partners with health systems to develop ASCs and deliver clinical, operational and financial outcomes, according to a June 16 news release. The company currently manages 16 facilities in five states that […]
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