Rite Aid is once again pursuing Chapter 11 bankruptcy protection, marking the second filing in less than two years, as it seeks to sell “substantially all” of its assets. Here are five things to know: 1. The company is currently in active discussions with multiple potential buyers. To support operations during the sale process, Rite […]
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Manishkumar Patel was sentenced to 14 months in prison for his role in a $48 million healthcare fraud scheme, according to a May 7 news release from the Justice Department. What happened?
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As rates of colorectal cancer, especially among young patients, rise in the U.S., reimbursement cuts to screening procedures may spell trouble for the industry. Over the last 20 years, reimbursement rates for screening colonoscopies, when considering inflation, have dropped by nearly 50%. On top of that, gastroenterologists are feeling underpaid as salaries have struggled to […]
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Tariffs imposed by President Donald Trump’s administration have impacted several realms of healthcare, from drug costs to medical device pressures. The anesthesia and respiratory device market could be the next to be targeted, according to a May 8 report from Express Healthcare. Currently, 67% of FDA-cleared anesthesia and respiratory devices are manufactured outside of the […]
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President Donald Trump has withdrawn surgeon general nominee Janette Nesheiwat, MD, turning to Casey Means, MD, as his new nominee for the position. Here are five things to know: 1. Dr. Means is a technology entrepreneur and New York Times bestselling author, according to her website. She received her bachelor’s degree and medical training from […]
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A medical office building in Montclair, N.J., has sold for $17.9 million, according to a May 8 report from Real Estate NJ. The 41,000-square-foot facility was purchased by a joint venture between BGO and Anchor Health Properties. The seller has not been disclosed. The building, fully leased by Summit Health, has been open for four […]
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A patient of Naples, Fla.-based Premier Endoscopy Center is suing the ASC and one of its physicians after she allegedly nearly died during a routine colonoscopy, WINK News reported May 5. What happened? Premier Endoscopy Center declined WINK News’ request for comment. Becker’s has reached out to the center and will update this story if […]
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Here are eight GI partnerships Becker’s has reported on since Jan. 1: 1. GI Alliance partnered with IKS Health, whose platform supports clinicians, staff and patients to reduce administrative and operational burden. IKS Health will deploy its AI-enabled technology to build a revenue cycle management process focused on GI providers. 2. GI Alliance also struck […]
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U.S. News & World Report released its 2024 Best States rankings on May 6, with Hawaii named the top state for healthcare. The rankings evaluate all 50 states across 71 metrics in eight categories, including healthcare, education, economy and infrastructure. The healthcare rankings are based on data from the CDC, CMS and other sources, focusing […]
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While gastroenterologists are among the highest-paid physician specialists in 2025, their wages suffered a 3% decline between 2023 and 2024. Additionally, according to the U.S. Bureau of Labor Statistics’ inflation calculator, the average salary for GIs in 2015, $370,000, has the same buying power as $502,930.04 in 2025. In 2025, GIs are earning an average […]
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