Category: Becker’s ASC Review

New Colorado ASC planned in wake of nearby center closure

In September, the Vascular Surgery Center inside Colorado Springs’ (Colo.) Penrose Hospital shuttered abruptly, leaving residents without care. Now, a new ASC will take its place, according to a Dec. 2 report from The Tribune. 

The ASC megadeals reshaping the industry 

The ASC industry experienced a wave of megamergers between 2015 and 2018 that fundamentally shifted the competitive landscape. Although the pace of large-scale consolidation has slowed, significant deals and investments continue to shape the industry’s…

4 sentenced in a $54.3M fraud, kickback scheme

Four Florida individuals have been sentenced for their role in a $54.3 million health care fraud scheme in which they paid kickbacks and bribes to telemarketers and physicians to secure orders for medically unnecessary prescriptions. 

3 anesthesia pay cuts in 2024

Anesthesia providers are facing significant reimbursement challenges in 2024, with cuts coming from both private insurers and federal policy changes. 

VillageMD's CEO steps down

Former VillageMD CEO Tim Barry has stepped down. 

10 hospitals shuttering services in 1 month

Becker’s reported on 10 hospitals or health systems shuttering services in November, which could shift how ASCs in these markets operate. 

California physician pleads guilty to $1.4M Medicare fraud scheme

California physician Lilit Baltaian, MD, has pleaded guilty to healthcare fraud related to her false home health certifications and fraudulent billings. 

American Pain Consortium opens ASC

The American Pain Consortium has opened a new ASC in Brownsburg, Ind., specializing in interventional pain management. 

HCA Surgery Ventures breaks ground on Texas ASC

HCA Healthcare affiliate Surgery Ventures has partnered with healthcare real estate development firm NexCore Group to open an ASC and medical office building in Katy, Texas. 

13 new ASCs in November

Here are 13 ASCs that were opened or announced in November, as reported by Becker’s: