Allentown, Pa.-based Lehigh Valley Heart and Vascular Institute has added two new cardiology specialists to its team.
Category: ROOT
Lab owner charged for $79M fraud scheme, using physician's information without their knowledge
The owner and operator of a Texas lab was charged for his role in a $79 million testing fraud scheme.
Connecticut medical office building housing ASC sells for $19M
A medical office building in Stamford, Conn., has sold for more than $19 million, according to a Nov. 21 report from the Hartford Business Journal.
California medical office building sells for $14.4M
A medical office building in Union City, Calif., has sold for $14.4 million, according to a Nov. 20 report from the San Francisco Business Times.
New York man sentenced for $4M healthcare fraud scheme
A man in West New York, N.J., was sentenced to 41 months in prison for 11 counts of defrauding the government out of more than $4.72 million and transacting the proceedings, according to a Nov. 18 release by the Department of Justice.
OhioHealth hospital president to take on dual role
Jim Parobek, president of OhioHealth Marion General Hospital, will assume leadership of another facility in addition to his current role, effective Dec. 1.
Physicians at 4 Rhode Island hospitals seek unionization
Medical residents and fellows affiliated with Brown University and employed at Care New England and Brown University Health hospitals in Rhode Island are taking steps toward unionization.
How private practices can brace for 2025
Facing declining physician reimbursement rates and soaring inflation, private practices face mounting challenges heading into 2025.
Banner's operating income up 33% amid 'premium reimbursement' boost, CFO says
Phoenix-based Banner Health posted an operating income of $198.5 million (1.8% operating margin) through the first three quarters of 2024, up from an operating income of $149.4 million (1.4% margin) over the same period last year, according to its Nov….
The ASC industry's '800-pound gorilla'
While the majority of ASCs remain independent, increased consolidation within the industry has led some leaders to contemplate linking with hospitals or larger health systems as a strategy for more market-proof ASC growth.
