Online openings for healthcare practitioners and technical occupations showed the largest decline of any employment sector in February, according to a release by the Conference Board.
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Virginia lawmakers are expected this week to pass legislation that would prohibit health insurance mandates and would make clear that no individual can be required to obtain coverage, according to a report by the Boston Globe.
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York (Maine) Hospital plans to open a newly expanded surgery center on March 13, according to a report by Foster's Daily Democrat.
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Shekhar Desai, MD, an orthopedic surgeon in Brevard County, Fla., has pleaded guilty to conspiracy to commit wire fraud for accepting $70,000-$120,000 in consulting fees from DePuy Orthopaedics, a subsidiary of Johnson & Johnson, for services he never performed, according to a report by Florida Today.
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The World Health Organization has issued the following Surgical Safety Checklist, revised in Jan. 2009. This checklist is not intended to be comprehensive. Additions and modifications to fit local practice are encouraged.
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Over the past five years, plastic surgeon Andrew Moore, MD, and a group of Lexington, Ky. surgeons have offered up their time one Sunday a month to provide free outpatient surgery to the area's uninsured. So far, they have treated 3,100 patients, and they hope to expand the program, called "Surgery on Sunday," to other areas around the country, according to a story reported by CNN.
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The healthcare sector saw a significant decrease in the number of private equity transactions completed last year. Pitchbook (see: www.Pitchbook.com) reported that approximately 125 deals were completed where private equity funds invested in healthcare companies in 2009. This is down from 233 in 2008. This reduction takes into account both general economic conditions which saw declines in almost every sector, the overhang of healthcare reform where many investors saw tremendous uncertainty in the healthcare sector due to the potential for healthcare reform and the concern that some funds were over-invested in healthcare. Interestingly enough, much of the over-investing in healthcare resulted less because sponsors increased their percentage of investment in healthcare but more due to significant reductions in the values of the other investments which left their overall percentage of investment in healthcare higher both on the equity or debt side and thus over invested in healthcare.
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In a tenuous economy with declining reimbursements, many ASCs are simply hunkering down to see how the healthcare reform landscape will shape up before making any bold moves. Still, says Joyce Deno, chief operations officer for the Eastern Region of Regent Surgical Health, there are ways ASCs can begin testing out some newer procedures that hold promise for their clinical and financial futures. She shares some of her thoughts here on procedures some of Regent's 16 ASCs have recently added that have been panning out well during the past year or two.
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Initiatives such as the Health Information Technology for Economic and Clinical Health Act have led to increased interest in electronic data management systems and their use by healthcare providers. These systems, including electronic health records, can allow physicians and staff members to better organize and coordinate patient care.
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