Today's Top 20 Stories
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The major players employing physicians
Physicians are flocking to employed models, whether that be hospitals, health systems, private equity groups or payers. -
Independent Michigan practice folds into hospital amid physician retirement
Former independent practice Hillsdale (Mich.) Medical Associates is now owned and operated by Hillsdale Hospital, Hillsdale Daily News reported Nov. 13. -
Nonprofit Florida clinic files for bankruptcy
Bradenton, Fla.-based MCR Health, a nonprofit medical group, sought Chapter 11 protection Nov. 11, the Tampa Bay Business Journal reported Nov. 13.
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Michigan gastroenterology ASC to shutter
The Battle Creek (Mich.) Endoscopy and Surgery Center will close Dec. 31, laying off 17, WWMT reported Nov. 13. -
Florida men charged with $28M fraud, kickback scheme
Two Florida men were charged in a seven-count indictment for their role in a $28 million fraud scheme involving physician kickbacks for durable medical equipment. -
UCHealth to pay $23M for false claims allegations
Aurora, Colo.-based University of Colorado Health has agreed to pay $23 million to resolve allegations that it violated the False Claims Act by improperly coding certain evaluation and management claims, and submitting them to federal healthcare programs. -
5 ASC 'nuclear' verdicts in 5 years
So-called "nuclear verdicts," defined as jury awards of more than $10 million in civil cases, have been on the rise across healthcare.
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New Jersey cardiologist gets 35 months in prison for fraud scheme
Fazal Panezai, MD, a cardiologist of Morganville, N.J., was sentenced to 35 months in prison for a healthcare fraud scheme. -
Where ASCs are booming
While California has the overall highest number of ASCs in the U.S. with 1,218, according to an April report by Definitive Healthcare, the Southeast has seen rapid growth of outpatient clinics. -
What's new with Steward Health Care?
Dallas-based Steward Health Care has been facing financial difficulties and controversies since it sought Chapter 11 bankruptcy protection May 6. -
Duly Health pairs with Surgery Partners
Downers Grove, Ill.-based Duly Health and Care has launched a strategic partnership with ASC management services organization Surgery Partners.
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ASA renews commitment to combat healthcare worker harassment
The American Society of Anesthesiologists has provided new recommendations to eradicate harassment, incivility and disrespect toward healthcare professionals in the workplace. -
California clinic will be '1st-in-nation' to provide free surgeries
The Orange, Calif.-based Lestonnac Free Clinic claims it will be the first in the nation to provide surgery to uninsured patients at no cost, ABC 7 reported Nov. 12. -
Alaska Heart & Vascular Institute adds interventional cardiologist
Anchorage-based Alaska Heart & Vascular Institute has added Josiah Brown, MD, to its staff, according to a Nov. 13 report by Alaska Business. -
Private equity owns nearly 50% of cardiology practices
Nearly 50% of all private cardiology practices were a part of a private equity portfolio, according to MedAxiom's 2024 "Cardiovascular Provider Compensation and Production Survey." -
Creative solutions surge as anesthesiologist shortage reaches critical levels
ASC and anesthesia leaders are turning to creative solutions amid the growing anesthesia provider shortage. -
2 hospitals, systems file for bankruptcy in 1 month
Healthcare bankruptcies have slowed since a five-year high in 2023, when 12 hospitals and health systems filed for bankruptcy. -
AMA targets post-procedure clawbacks
Physician frustration is growing as prior authorization and other payer obstacles lead to increased retrospective payment denial. -
Great Lakes Cardiovascular opens new location
Williamsville, N.Y.-based Great Lakes Cardiovascular has opened a new location in Olean, N.Y., according to a Nov. 12 report from the Olean Times Herald. -
Reimbursement cuts hitting gastroenterology harder
Many leaders say gastroenterology is getting hit harder by reimbursement cuts and payer behavior than other specialties.
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