New noncompete statues in Virginia, Arkansas and Wyoming will go into effect this summer, according to an April 3 report by The National Law Review. Here’s an overview of each new statute: 1. Virginia: 2. Arkansas: 3. Wyoming:
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U.S. Orthopaedic Partners and Mid State Orthopaedic & Sports Medicine Center began construction on an ASC in Alexandria, La. The ASC will expand access to orthopedic procedures, improve surgical efficiency and offer patients an alternative to hospital-based care, according to an April 8 news release from USOP. The center includes eight operating suites, robotic-assisted technology, […]
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Kristen Carotenuto, of Stamford, Conn., has pleaded guilty to tampering with vials of hydromorphone and fentanyl at an ASC where she worked as a nurse. According to an April 7 news release by the Department of Justice, in December 2024 Ms. Carotenuto removed several vials, each containing hydromorphone or fentanyl, from a secure storage area […]
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Charlottesville-based University of Virginia Health System has opened an outpatient transplant clinic, CBS 19 News reported April 8. The new center is located in Wytheville, Va., in partnership with Wythe County Community Hospital. The clinic joins UVA Health’s Southwest Virginia transplant clinics in Roanoke, Martinsville and Lynchburg. Patients in the region will have increased access […]
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NYU Langone Hospital—Brooklyn in New York City has appointed its first chief of cardiac surgery. According to an April 9 news release, Noritsugu Naito, MD, will serve as the hospital’s inaugural chief of cardiac surgery and has been appointed clinical associate professor in the department of cardiothoracic surgery at the NYU Grossman School of MEdicine. […]
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Physician deals rebounded in 2024, driven largely by new players — pharmaceutical companies, insurers and pharmaceutical services providers, according to an April 2 blog post from VMG Health. Here are 10 things to know: 1. Economic conditions in 2023 and 2024 created many challenges to deal-making in the physician practice sector. Inflation and rising interest […]
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Miramar, Fla.-based Vohra Wound Physicians Management and its founder Ameet Vohra, MD, are facing a federal complaint alleging a Medicare fraud scheme involving overbilling and unnecessary wound care services provided to nursing home patients, according to an April 4 news release from the Justice Department. What happened? What happens next?
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Bain Capital is close to inking a $2.6 billion deal to acquire healthcare software provider HealthEdge from private equity giant Blackstone, Private Equity Insights reported April 8. Here are three things to know: 1. Blackstone originally acquired HealthEdge in 2020 for $700 million during a surge in healthcare investment driven by the pandemic. Since then, […]
The post Bain Capital nears $2.6B health tech deal as Surgery Partners bid lingers appeared first on Becker’s ASC.
St. Louis-based Ascension continues to offload hospitals and ASCs in a bid to reorganize its portfolio and improve fiscal performance. Here are four notes on Ascension’s recent asset sales: 1. Ascension’s recent sale of four hospitals in southwest Michigan to South Bend, Ind.-based Beacon Health System represents a complete exit from the state. 2. The […]
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Anesthesia coverage remains one of the most pressing issues in the ASC industry, driven by ongoing provider shortages and declining reimbursement rates. These factors are pushing ASCs to enter new partnerships and adopt innovative staffing models to maintain high-quality, uninterrupted care. Here are five ASC-anesthesia deals shaping the industry in 2025. 1. Steindler Orthopedics, based […]
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