The ASC market is undergoing a major transformation, fueled by clinical innovation, payer pressures and shifting investment dynamics, according to VMG Health’s 2025 Healthcare M&A Report, released on April 22. Here are five trends shaping the ASC industry, according to the report: 1. Consolidation is reshaping the market The historically fragmented ASC sector, with about […]
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Physician practices are facing mounting challenges to stay open as reimbursement rates stagnate and operating costs continue to rise. Here are six physician practice closures Becker’s reported on in the first quarter: 1. Watertown, N.Y.-based Samaritan Health closed its pain management center Feb. 28. The center, which has 15 employees and one contracted physician, is […]
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A Boston-based physician has been charged and has agreed to plead guilty for her role in a $35.3 million Medicare fraud scheme involving genetic testing services she never provided, according to an April 25 news release from the Justice Department. What happened?
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Here are five cardiologists in recent headlines, as reported by Becker’s: 1. Kipp Slicker, DO, spearheaded the opening of a new cardiology center in Cedartown, Ga., through Rome, Ga.-based AdventHealth Redmond. The new office is the seventh cardiology practice in AdventHealth’s heart care network. 2. NYU Langone Hospital—Brooklyn in New York City appointed its first […]
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Here are 15 updates on unionization efforts by physicians, nurses and other healthcare workers in April, as reported by Becker’s: 1. On April 23, Northwest Medicine United filed a petition with the National Labor Relations Board to become the union representation for physicians at MultiCare Mary Bridge Children’s Hospital in Tacoma, Wash. 2. Members of […]
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President Donald Trump’s nominee to be the U.S. surgeon general, Janette Nesheiwat, MD, is facing scrutiny regarding her qualifications for the position, CBS News reported April 24. Here are 10 things to know about Dr. Nesheiweat and the pushback against her nomination: 1. Dr. Neisheweat is a self-described double board-certified physician with a degree from […]
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Nashville, Tenn.-based CEO Saum Sutaria, MD, saw a major jump in compensation between 2020 and 2021, largely due to stock awards and incentive plans. Here’s Dr. Sutaria’s total compensation in the last five years: 2024 total compensation: $24.7 million 2023: $18.5 million, including a base salary of $1.5 million 2022: $24.3 million, including a base […]
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Cheyenne (Wyo.) Eye Clinic & Surgery Center has become the first facility in the state to offer laser-assisted cataract surgery, according to an April 25 article from the Wyoming Business Report. Previously, patients in the area had to commute to Colorado to undergo this type of operation. David Smits, MD, is one of two ophthalmologists […]
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The average annual salary for cardiologists has increased in each of the past four years, reaching $432,490. Since 2021, cardiologists’ compensation has jumped more than 22%. The Bureau of Labor Statistics released updated compensation data April 2 to reflect 2024 information, the latest available. Here is how the average annual wage and average hourly wage […]
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Miami-based Gastro Health has named Chris Fourment, MD, vice president of clinical research, according to an April 21 news release shared with Becker’s. Dr. Fourment co-founded the department of clinical research and education at GI Alliance and served as the founder and CEO of both Clinical Research Strategy Group and Precision Research. His career spans […]
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