Category: Becker’s ASC Review

State OKs HSHS St. Elizabeth’s outpatient surgery center, medical office building

O’Fallon, Ill.-based HSHS St. Elizabeth’s Hospital has earned state approval to construct an outpatient surgical center and medical office building, according to a March 19 report from RiverBender.com. The Illinois Health Facilities and Services Review Board approved the new facility, which will be located on the hospital’s campus, March 18. The three-story building will span […]

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Bain Capital’s bid for Surgery Partners: What it says about PE’s ASC interest

Brentwood, Tenn.-based Surgery Partners reported a record-breaking $3.1 billion in annual revenue, while Bain Capital’s bid to take the company private underscores private equity’s continued interest in the ASC market, according to a March 17 analysis from VMG Health. Bain’s initial 2017 investment at $19 per share was one of many private equity plays that […]

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Who’s snapping up physicians? 20 deals to know

Here are 20 deals in the last two years to know involving physician practice and group acquisitions: Private equity-backed groups Amazon Optum CVS  Other acquisitions to note: 

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Physicians per capita in all 50 states 

Massachusetts has the highest physician-to-population ratio, according to the 2023 Association of American Medical Colleges State Physician Workforce Data Report, the latest available.  Here are the physicians per capital in all 50 states  State Total active physicians Active physicians per 100,000 Massachusetts 32,116 466 Maryland 23,791 393.5 New York 75,749 389.4 Vermont 2,410 386.2 Rhode […]

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Cardiology ASCs: 5 notes to know

Here are five defining facets of cardiology in the ASC world:  1. Cardiology is the fastest growing ASC specialty, according to Avanza’s “2022 Key ASC Benchmarks and Industry Figures” report. According to the study, cardiology procedures saw the highest estimated Medicare payment increases in 2021. 2. While there is much anticipation surrounding cardiology’s expansion into […]

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Ohio physician practice closes due to reimbursement challenges

Lisa Egbert, MD, an OB-GYN, is closing her practice, the Paragon Women’s Center in Centerville, Ohio, due to financial constraints largely driven by reimbursement challenge, Spectrum News 1 reported March 19.  Dr. Egbert operated her practice for nearly 30 years, according to the report. But in the last two years, she had stopped taking a […]

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Tri-City Cardiology to open practice outside of Phoenix

Tri-City Cardiology, a Mesa, Ariz.-based cardiologist group, will open a location within a new medical office complex in San Tan Valley, Ariz.  According to a March 18 news release shared with Becker’s, the official groundbreaking for the development will be held April 16. Tri-City Cardiology’s office will be housed on the third floor of the […]

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Representatives introduce bill allowing VA CRNAs to work autonomously

Two U.S. Representatives, Lauren Underwood, D-Ill., and Jen Kiggans, R-Va., have introduced legislation that would allow certified registered nurse anesthetists and physician anesthesiologists to provide anesthesia autonomously at the Veterans Health Administration.  Currently, Defense Health Agency policy allows CRNAs to practice independently, and the Ensuring Veterans Timely Access to Anesthesia Care Act of 2025 would […]

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Memorial Herman Health System to open community’s 1st medical office building

A Memorial Herman Health System-occupied medical office building will break ground in Cypress, Texas, this summer, according to a March 18 report from Community Impact. The 51,000-square-foot building will be the first medical office in Cypress’ Bridgeland community.  It will house emergency services, primary care, pediatrics and sports medicine. Bridgeland currently has 25,000 residents, and […]

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RWJBarnabas Health treats telenovela star

Telenovela star Clara Montero has received care for atrial fibrillation at Jersey City (N.J.) Medical Center, an affiliate of RWJBarnabas Health. Ms. Montero, known for her television, theatre and movie career, sought treatment with the center for her irregular heartbeat, which can lead to sudden cardiac arrest, stroke or even heart failure, according to a […]

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