SourceMedical, a leading provider of ambulatory surgery, specialty hospital and therapy application software, has announced plans to launch a hosted application specifically for ASCs, according to a SourceMedical news release.
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Robert E. Alick, the operator of a used medical equipment sales business and resident of Chagrin Falls, Ohio, pleaded guilty today to five counts of mail fraud, one count of wire fraud and one count of corruptly endeavoring to obstruct the administration of the Internal Revenue laws in a scheme to defraud six hospitals, according to a release from the Department of Justice and the IRS.
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A study by Accenture's Innovation Center for Health and Institute for Health & Public Service Value found that 58 percent of current physician non-users of electronic medical records plan to implement EMRs within the next two years, according to an Accenture news release.
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This article focuses on the pricing by companies that purchase majority interests in ambulatory surgery centers (ASCs). Currently, there are three public companies that buy majority interests in ASCs and eight to ten private companies that fit into this category. These companies generally buy more than 50 percent of the interests or assets in an ASC transaction, typically buying anywhere from 51-66 percent of such interests or assets. There are also several companies that focus on acquiring minority interests in ASCs. The lists below are not all-inclusive lists nor do they specifically focus on hospital acquisitions of ASCs, which is also an incredibly active part of the market.
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Surgical Information Systems has added a new component to its business intelligence tool, SIS Analytics, for anesthesia caregivers, according to a company press release.
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In its annual report to Congress, the Medicare Payment Advisory Commission recommends lawmakers increase payments to ASCs in 2011 by 0.6 percent, at the same time requiring ASCs to submit cost and quality data, according to a MedPAC fact sheet.
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New Mexico insurers would be required to commit 85 percent of premiums toward actual healthcare services, under provisions of a bill passed by the state legislature, according to a story in New Mexico Business Weekly.
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Automatic implementation of a 21.2 percent Medicare physician fee cut on March 1 was a surprise to Senate Democrats who were stymied by a lone Republican senator, according to a report by The Hill.
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The Upper Cumberland Physicians Surgery Center grew distributions by 125 percent in 2009. This significant distribution growth was the result of accomplishing several strategic initiatives.
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