Today's Top 20 Stories
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Foothill Cardiology buys medical office building for $11.3M
Pasadena, Calif.-based Foothill Cardiology Medical Group has purchased a medical office building for $11.3 million, according to an Oct. 9 report from L.A. Business First. -
New Jersey ASC completes 300th total joint replacement
Wayne, N.J.-based Elite Surgical Center completed its 300th robotic total joint replacement procedure Oct. 8. -
Bad news for CVS Health
CVS Health, one of the biggest players in the battle to acquire physicians, is facing a possible split amid major financial struggles.
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2 California residents charged in $54 million Medicare fraud scheme
Sophia Shaklian of Los Angeles and Alex Alexsanian of Burbank, Calif., were arrested on an indictment alleging that they planned to defraud Medicare out of more than $54 million. -
The IV supply crisis: What ASCs need to know
Amid the fallout from Hurricane Helene, hospitals across the nation are conserving IV fluids. -
SightMD taps 2 specialists
Hauppauge, N.Y.-based SightMD has added two ophthalmologists, Paul Svitra, MD, and Kevin Vo, MD, to its team. -
Virginia physician pleads guilty to illegal drug distribution, money laundering
An emergency medicine physician from Annandale, Va., has pleaded guilty to conspiring to distribute more than 7,000 oxycodone pills, 34,000 milliliters of hydrocodone-chlorpheniramine solution and 107,000 milliliters of promethazine-codeine solution.
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Are business skills the ticket to reclaiming physician autonomy?
Physicians are interested in leadership roles, but many do not have the business skills to support that ambition. -
North Carolina physician, practice to pay $625K to settle kickback allegations
A physician in Landis, N.C., and his medical practice have agreed to pay $625,000 to resolve allegations they violated the False Claims Act from their involvement in a laboratory kickback scheme. -
4 groundbreaking cardiology procedures
Here are four recent cardiology procedures that were the first-of-their-kind or the first in the state they were performed in, as reported by Becker's: -
Fueling growth or losing control? The private equity dilemma for ASCs
Despite recent declines in activity, private equity interest in the ASC space has been high over the last several years, with 95 outpatient-specific deals in 2023 alone.
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Gastroenterology under pressure amid mounting challenges
From pay declines to rising procedure demand, gastroenterology leaders are facing new and longstanding challenges. -
Healthcare groups urge federal appeals court to reverse No Surprises Act decision
The Federation of American Hospitals, the American Medical Association and the Texas Medical Association filed an amicus brief Oct. 7, urging the 5th Circuit U.S. Court of Appeals to reverse a judge's ruling that rendered decisions made under the No Surprises Act "unenforceable." -
10 anesthesiologist lawsuits in 2024
Here are 10 anesthesiologist suits Becker's has reported on so far in 2024: -
North American Partners in Anesthesia launches patient advocacy center
North American Partners in Anesthesia has launched a patient advocate center of excellence to deliver customer service to patients navigating anesthesia billing. -
New IBD drug trial underway at University GI
Some patients enrolled at Providence, R.I.-based University Gastroenterology have begun to see a clinical trial of ozaminod, 10 WJAR reported Oct. 8. -
'Nuclear verdicts' surge in ASC lawsuits
ASCs in recent years have seen an increase in "nuclear verdicts," when juries award more than $10 million, according to an Oct. 3 article from risk advisor company RCM&D. -
The 5 richest physician billionaires
The combined net worth of the five richest physician billionaires is $45.1 billion, according to Forbes' net worth tracker. -
20 hospitals with the highest GI procedure volume
Cleveland Clinic has the highest gastroenterology procedure volume, according to a recent report from Definitive Healthcare. -
40% of physicians feel no obligation to take Medicaid patients
About 40% of physicians believe practitioners have no obligation to take on Medicaid patients, according to the second part of Medscape's "Hot Topics in the Medical Profession Report 2024," published Oct. 9.
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