Today's Top 20 Stories
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Physician charged in $17M scheme to illegally sell cancer drugs
A Royal Oak, Mich., physician was charged or his role in a multimillion-dollar scheme to sell prescription cancer drugs. -
HCA's outpatient volume declines in Q3: 5 notes
Nashville, Tenn.-based HCA Healthcare, one of the largest ASC operators in the country, posted an operating income of $1.9 billion in the third quarter of 2024, up from an operating income of $1.6 billion over the same period last year, according to its Oct. 25 financial report. -
Researchers link placebos to potential harm in IBD trials: 10 things to know
Two reviews of recent trials for drugs used to treat inflammatory bowel disease found that patients who received a placebo were at "significantly higher risk" for potential harms, MedPage Today reported Sept. 26.
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Sutter Health receives commission's approval for new MOB
The Elk Grove (Calif.) Planning Commission has given initial approval for Sacramento, Calif.-based Sutter Health to construct a new medical office building, Elk Grove Citizen reported Oct. 24. -
Female physician compensation in 2024: 16 things to know
Female physicians earn an average of $309,000 in 2024, falling short of the $400,000 earned by male physicians, according to Medscape's "A Gender Gap That Defies Explanation: Medscape Female Physician Compensation Report 2024," published Oct. 25. -
The state of physician-owned hospitals: 10 things to know
Physician-owned hospitals have been a contentious topic in healthcare for years, especially since the enactment of the Affordable Care Act, which placed limits on new and expanded physician ownership of hospitals. -
3 ASC giants' growth in 2024
Here's the growth moves of three of the largest ASC chains in 2024:
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American Society of Anesthesiologists taps vice president
Jeffrey Mueller, MD, has been elected first vice president of the American Society of Anesthesiologists, the nation's largest anesthesiology organization. -
Physicians vs. rising claims denials: 5 things to know
Denials of claims are increasing, along with the administrative burden of managing them. -
What 5 leaders are saying about the decline of private practice
The number of private practices is rapidly declining as physicians continue to migrate to employed models. -
Bon Secours ASC settles Virginia negligence suit
A lawsuit against a Bon Secours Surgery Center in Suffolk, Va., ended in a settlement on Oct. 24, according to an Oct. 24 report from WAVY Norfolk.
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Geisinger to end use of 1 anesthetic gas
Danville, Pa.-based Geisinger will phase out the use of anesthetic gas desflurane, according to an Oct. 24 report from Fox 56. -
Novant enters the South Carolina market: 5 things for ASCs to know
Winston-Salem, N.C.-based Novant Health entered the South Carolina market earlier this year with a $2.4 million acquisition of three hospitals and their affiliated physician clinics, previously owned by Dallas-based Tenet Healthcare. -
Are more young patients really seeking colonoscopies?
Colorectal screening among 45- to 49-year -olds has increased threefold since 2021, according to an Oct. 3 study published in JAMA Network Open. -
Are the 5 richest physician billionaires self-made?
All five of the country's richest physicians are self made to some degree, according to Forbes. -
Chicago Cardiology Institute under investigation in data breach
Oklahoma City-based law firm Federman & Sherwood is investigating the Chicago Cardiology Institute due to a data breach. -
McLaren Health founds cardiovascular institute, appoints chief medical director
Grand Blanc, Mich.-based McLaren Health Care has established McLaren Heart & Vascular Institute and has appointed a chief medical director, Schwartz Creek Review reported Oct. 24. -
California lab and owners to pay $135K in kickback scheme: 5 things to know
Escondido, Calif.-based Veni-Express, a mobile phlebotomy lab, and its owners have agreed to pay at least $135,000 to resolve allegations that they submitted false claims for mobile phlebotomy services and related travel mileage. -
13 hospitals delaying procedures amid the IV shortage in 10 days
ASCs and hospitals are facing obstacles in securing IV fluids after flooding produced by Hurricane Helene damaged a Baxter International plant in Marion, N.C., that makes 60% of the nation's IV fluid products. -
The new 'hot ticket' for ASCs
Similar to the orthopedic boom a decade ago, cardiology has emerged as the next major growth opportunity for ASC growth as these high-acuity cardiac surgeries migrate to the outpatient setting.
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