ASCs remained overwhelmingly for-profit in 2023, with 95.3% operating as such, according to a March 13 MedPAC report to Congress. Here are three more insights into the shifting landscape of ASC ownership: 1. Physicians still hold majority stakes. Most ASCs are at least partially owned by physicians, maintaining a long-standing trend of clinician investment in […]
The post Physicians dominate ASC ownership — but big corporations are catching up appeared first on Becker’s ASC.
ASCs continue to be concentrated in urban areas, with 93.8% located in cities, according to a March 13 MedPAC report to Congress. Here are three key insights on where ASCs are concentrated — and where they’re seeing the most growth: 1. Rural access remains limited. While rural patients often travel to urban centers for ASC-based […]
The post Where ASCs are growing, and where they’re not appeared first on Becker’s ASC.
A New Jersey pain clinic with locations in Northfield, Vineland and Cape May Courthouse admitted to overbilling insurance companies, according to a Mach 20 news release from the Justice Department. What happened?
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Ballad Health and East Tennessee State University, both based in Johnson City, Tenn., have expanded an ongoing cardiology partnership, according to a March 24 report from the Johnson City Press. Ballad Health will now add ETSU Health’s adult cardiology specialists at Ballad’s CVA Heart Institute. The expanded partnership will allow ETSU’s residents and fellows the […]
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Sacramento, Calif.-based Carson Tahoe Health System — along with its affiliates Carson Tahoe Physician Clinics and Carson Tahoe Continuing Care Hospital — agreed to pay nearly $8.9 million to resolve allegations that it improperly obtained Paycheck Protection Program loans, according to a March 24 news release from the U.S. Department of Justice. What happened
The post California health system, physician clinics to pay nearly $8.9M to settle COVID-19 loan fraud allegations appeared first on Becker’s ASC.
Here are three updates on unionization efforts by resident physicians and fellows in March, as reported by Becker’s: 1. Resident physicians at the University of Minnesota have voted to unionize, filing for recognition March 24 with the Committee of Interns and Residents. 2. On March 17, 1,200 resident physicians and fellows at Montefiore Medical Center […]
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An 8,935-square-foot medical office building in Newport Beach, Calif., has sold for $5 million, according to a March 24 report from Connect CRE.
The facility was sold by investment products provider Equity Enterprises and is 62% leased.
It…
Certified registered nurse anesthetist Christopher Lonetta, DNP, died unexpectedly on March 17 at 49, according to a Dignity Memorial obituary. Dr. Lonetta worked at Holy Cross Hospital in Fort Lauderdale, Fla., as a CRNA and served in corporate leadership roles at Barry University in Miami Shores, Fla., where he received his Doctor of Nursing Practice. […]
The post Florida CRNA dies at 49 appeared first on Becker’s ASC.
Here are four ASC controversies Becker’s has reported on in the last month: 1. Grand Rapids, Mich.-based Hand & Plastic Surgery Centre, which does business as Elite Plastic Surgery, reported a data breach affecting 19,846 individuals. Elite Plastic Surgery detected an unauthorized party attempting to access its computer network Jan. 29. An investigation revealed that […]
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Baptist Health System has opened a new surgery center in Madison, Miss., according to a March 24 report from ABC affiliate WAPT. Baptist Surgery Center totals 11,200 square feet and houses four operating rooms and two gastrointestinal endoscopy rooms. It will offer several physician specialties, including ear, nose and throat. In addition, Baptist has opened […]
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