The share of physicians who are self-employed has been in steady decline over the last decade as more independent practices consolidate into larger health systems or national management companies.
In January, Illinois state Rep. Bill Hauter, MD, a Republican, sponsored a bill making it illegal for insurance companies to place a time limit on anesthesia payment coverage.
San Antonio-based Christus Children’s Hospital has earned a $2.74 million grant for a pediatric cardiac surgery center, according to a Feb. 25 report from News4 San Antonio.
Greenville, S.C.-based Eye Health America has acquired a multi-location ophthalmology practice in Florida, according to a Feb. 24 report from Business Observer.
Gregory George, MD, PhD, founder and former manager of SurgCenter Development, the largest privately owned ASC company in the U.S., has joined Mesoblast Limited’s board.
Miami-based Gastro Health is reinforcing its commitment to physician autonomy, ensuring that clinical decision-making remains in the hands of its medical professionals despite the organization’s partnership with private equity.
As the healthcare industry continues its shift toward value-based payment models, ASCs could be poised to be major beneficiaries of this transformation.