Several individuals and medical entities have agreed to pay a total of $3.1 million to resolve allegations that they violated the False Claims Act. According to an April 2 news release from the Justice Department, East El Paso (Texas) Physicians Medical Center, doing business as Foundation Surgical Hospital of El Paso, agreed to enter a […]
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These are the top-paying states for five physician specialties, according to 2024 data from the Bureau of Labor Statistics, published April 2. The bureau released updated compensation data to reflect May 2024 information, the latest available. Anesthesia: Minnesota Cardiology: Indiana Internal medicine: Georgia Ophthalmology (except pediatrics): Ohio Orthopedics (except pediatrics): Wisconsin
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In Forbes‘ World’s Billionaires list, released April 1, highlights the world’s wealthiest individuals. Below is a breakdown of the 10 richest U.S.-based healthcare billionaires featured among Forbes’ 3,028 global entries. Note: The list is based on stock prices and exchange rates from March 7. 73. Thomas Frist Jr., MD, and family: $27 billion Dr. Frist […]
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Fairfax (Va.) Radiological Consultants has agreed to pay $2.88 million to resolve allegations it misrepresented payroll costs to obtain full forgiveness of a $6.8 million Paycheck Protection Program loan, according to an April 2 news release from the Justice Department. What happened?
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California is the highest-paying state for registered nurses, according to 2024 data from the U.S. Bureau of Labor Statistics, published April 2. Here is what registered nurses earn annually by state: Alabama: $74,970 Alaska: $112,040 Arizona: $95,230 Arkansas: $77,720 California: $148,330 Colorado: N/A Connecticut: $103,670 Delaware: $95,450 Florida: $88,200 Georgia: $91,960 Hawaii: $123,720 Idaho: $89,770 […]
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A national sales director from Port Jefferson, N.Y., has pleaded guilty to a scheme involving kickbacks to physicians in exchange for ordering unnecessary brain scans, resulting in $70.6 million in fraudulent Medicare claims, according to an April 2 news release from the Justice Department. What happened?
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McKesson has completed an $850 million acquisition of general ophthalmology and retina management services company PRISM Vision Holdings. Through the acquisition, McKesson will own 80% of PRISM, according to an April 2 news release. PRISM will retain the other 20%. McKesson will now be able to develop its first retinal and ophthalmology platform, expanding its […]
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In late February, the House passed a budget resolution that aimed to cut federal spending by up to $2 trillion over the next decade. The Republican-backed plan calls for at least $880 billion in spending reductions through 2034, with Medicaid expected to take the biggest hit. The Senate is expected to vote on the legislation […]
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St. Louis-based Washington University School of Medicine has named Aaron Lee, MD, as head of its ophthalmology and visual sciences department. Dr. Lee currently serves as endowed professor of ophthalmology at Seattle-based University of Washington. He is also the director of research at the University of Washington’s retina center, according to an April 1 news […]
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Despite projections of rapid growth, the outpatient migration of cardiology has not accelerated as expected — even as cardiology stands out as the fastest-growing ASC specialty, according to a 2022 report from Avanza. “When these procedures were approved, everyone thought there would be this rapid acceleration into cardiology, but that hasn’t really happened,” Vance Chunn, […]
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