Physicians could lose at least $25 billion in add-on payments for Part B drugs that could be part of the Inflation Reduction Act’s program to negotiate drugs, according to a recent study by Avalere.
Category: Becker’s ASC Review
California clinic chain to pay $7.7M to settle fraud, unclaimed property allegations
U.S. Healthworks, a chain of occupational and urgent care clinics, has agreed to pay $7.7 million to settle allegations it knowingly withheld millions of dollars in unclaimed property from the state of California.
American Society of Anesthesiologists files trademark complaint against American Association of Nurse Anesthesiology
The American Society of Anesthesiologists has filed a trademark complaint against the recently renamed American Association of Nurse Anesthesiology, alleging that its use of the word “anesthesiology” is “deceptively misdescriptive,” according to a Sept…
Pain clinic to pay $750K to settle Medicare false claims allegations
Martinsburg, W.Va.-based The Pain Center of West Virginia has agreed to pay $750,000 to settle allegations that it submitted false claims to Medicare for amniotic fluid injections used in pain management.
Washington physician practice acquired
Bellingham, Wash.-based Doherty Dermatology has been acquired by Frontier Dermatology.
Is consolidation fueling physician burnout?
According to the Physician Foundation’s annual “Survey of America’s Current and Future Physicians,” 6 in 10 physicians and residents reported experiencing burnout, and 50% of respondents said healthcare consolidation is having a negative impact on thei…
Inside the fight to relieve Tennessee's anesthesia provider shortage
Tennessee lawmakers are reviving an effort to address the state’s anesthesia provider shortage after the previous effort died in committee earlier this year, the Public News Service reported Sept. 25.
PE-backed physicians cost Medicare less than hospital physicians: Study
Medicare expenditures in private equity-affiliated private practices were an average of 9.8% lower than for patients treated in hospital-affiliated practices in 2022, according to a recent study by Avalere and the American Independent Medical Practice …
Why another ASC has closed its doors for good
A private ASC in Nacogdoches, Texas, closed its doors permanently in May, citing financial pressures, according to a May 10 report from The Daily Sentinel.
Cardiology vs. gastroenterology vs. orthopedics: Where the 3 stand in practice affiliation
Cardiology has the lowest percentage of physicians in private equity-affiliated practices when compared to gastroenterology and orthopedics, according to a recent study by Avalere and the American Independent Medical Practice Association.
