Two ASC companies have made major leadership transitions since Jan. 1:
Category: ROOT
Hospital execs see growth potential in ASC JVs
A growing number of hospital leaders are exploring ASCs as a pathway for growth, with 63% open to joint ventures in outpatient surgery ventures, according to a report from VMG Health published Jan. 9.
Arkansas medical board member sues former colleague, USPI
Brian McGee, MD, a member of the Arkansas State Medical Board, is suing a former colleague whose medical license was revoked after it was revealed last year that he had 30 years of misconduct allegations against him.
Missouri lawmaker floats ban on anesthesia coverage limits
Legislation has been introduced in the Missouri House of Representatives that would prevent insurers in the state from limiting coverage for anesthesia, according to a Jan. 17 report from the St. Louis Post-Dispatch.
Healthcare billing fraud: 10 recent cases
Here are 10 healthcare billing fraud cases that Becker’s has reported since Dec. 27:
Blood-based CRC test reliance suggests high costs, worse outcomes: Study
Favoring blood-based colorectal cancer tests over stool-based CRC screening could lead to higher costs and worse outcomes for patients, according to a recent study published in JAMA Network Open.
ProMedica CFO eyes growth in key service lines post-restructuring
Since taking over as ProMedica CFO in May 2023, Terry Metzger has led the health system through a notable financial recovery, most recently transforming a $31 million loss (-4.2% margin) in the third quarter of 2023 into a $32.4 million operating gain …
FTC settles with PE firm backing US Anesthesia Partners
The Federal Trade Commission announced a settlement with Welsh, Carson, Anderson and Stowe, the private equity firm backing U.S. Anesthesia Partners.
Former surgeon, ASC owner loses appeal of $100M restitution order
A surgery center owner and former surgeon convicted of a $355 million fraud scheme was denied an appeal of his $100 million restitution order Jan. 16.
WVU Medicine's 'secret sauce' to success
Morgantown, W.Va.-based WVU Medicine saw a busy year of growth in 2024, bringing the health system’s portfolio to 25 hospitals after it finalized the purchase of Weirton (W.Va.) Medical Center on Jan. 1. The system also received board approval to inves…
