Today's Top 20 Stories
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2 providers sentenced for $4M drug testing scheme
A physician and a chiropractor at a Kentucky pain clinic were sentenced for their roles in a scheme that defrauded Medicare, Medicaid and commercial insurance companies of more than $4 million. -
CMS approves new cardiology procedure for Arizona ASC
Mesa, Ariz.-based Tri-City Cardiology has added the CardioMEMS HF System following approval from CMS. -
Dr. Madhavi Jaspal joins SightMD
Hauppauge, N.Y.-based ophthalmology provider SightMD has added Madhavi Jaspal, OD, to its team.
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Maryland physician charged with 29 counts of selling opioid prescriptions
Ndubuisi Joseph Okafor, MD, a physician in Upper Marlboro, Md., has been charged on a 29-count indictment for illegally distributing prescriptions for narcotics. -
AdventHealth opens 20K-square-foot Florida ASC
Altamonte Springs, Fla.- based AdventHealth has opened a 20,000-square-foot ASC in Daytona Beach, Fla., according to an April 13 report from the Daytona Beach News-Journal. -
Physicians' average 2024 incentive bonuses
Physicians in the U.S. earn an average of $363,000 annually, before taking into consideration incentive bonuses for the year, according to Medscape's 2024 "Physician Compensation Report," published April 12. -
Tenet's highest-paid executives
The highest-earning executives at Tenet Healthcare, parent company of ASC chain United Surgical Partners International, saw overall pay increases in 2023, according to a proxy statement filed April 12 with the Securities and Exchange Commission.
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Stark law settlements hit a record $12.6M: What to know
CMS settled a record-breaking $12.56 million in Stark law voluntary self-referral disclosure settlements in 2022, according to recent CMS data. -
Are physicians taking on side gigs in 2024?
Despite many earning close to $400,000 annually, over a third of U.S. physicians are taking on side gigs to supplement their income in 2024, according to Medscape's 2024 "Physician Compensation Report," published April 12. -
Employed vs. self-employed physician pay: Medscape
Self-employed physicians outearn their employed counterparts on average, according to Medscape's 2024 "Physician Compensation Report" released April 12. -
Where physicians are paid the most
Physicians in the West North Central region of the U.S., which includes states like Minnesota, Nebraska and Missouri, earn the most of any region, according to Medscape's 2024 "Physician Compensation Report" released April 12.
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How 29 physician specialties feel about their 2024 compensation
While physicians are some of the highest paid professionals in the U.S., with an average yearly salary of nearly $400,000, many specialists still report feeling underpaid, according to Medscape's 2024 "Physician Compensation Report," published April 12. -
MGMA calls on Senate to reform Medicare physician payments
The Medical Group Management Association has submitted a letter to the Senate Finance Committee regarding its April 11 hearing on Medicare physician payments, demanding reform. -
127,000 physicians have left private practice since 2019
More than 127,000 physicians moved to employment from 2019 to 2023, according to new data from consulting firm Avalere in a study sponsored by the Physicians Advocacy Institute. -
Texas ASC 1st to implant cochlear device with robotic arm
Wichita Falls, Texas-based Momentum Specialty Surgery Center has become the first ASC to successfully implant a cochlear device using a robotic arm system, according to an April 11 report from CBS affiliate News 6. -
False Claims Act complaint filed against Regeneron Pharmaceuticals
The Justice Department has filed a False Claims Act complaint against Regeneron Pharmaceuticals. -
The physician specialties that saw pay increases, decreases in 2024
Six physician specialties — including orthopedic surgery, the highest-paid specialty — saw a drop in pay in 2024, according to Medscape's 2024 "Physician Compensation Report," published April 12. -
29 physician specialties ranked by 2024 salaries
Orthopedic surgeons have been named the top-earning physician specialists for 2024, with an average annual salary of $558,000, according to Medscape's 2024 "Physician Compensation Report," published April 12. -
Outpatient care driving demand for medical office buildings: 6 notes
A growing shift toward outpatient care has led to an increased demand for medical office buildings, according to a new report from real estate company JLL. -
The most promising healthcare AI company of 2024, per Forbes
As artificial intelligence becomes more common not just in healthcare, but in every industry worldwide, Forbes has released its sixth annual "AI 50" list, recognizing 50 of the most promising privately held artificial intelligence companies for 2024.
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