Here are seven news updates for ambulatory surgery center industry leaders to know for Sept. 8, 2014.
Healthcare spending expected to grow over next decade.
Healthcare spending is expected to increase to 5.6 percent in 2014 and 6 percent per year from 2015 to 2023, according to a recent report from CMS' Office of the Actuary published in Health Affairs. Read the full repot on Becker's Hospital Review.
Laser Spine Institute to build $56M HQ, ASC.
Laser Spine Institute is building headquarters and an ASC, which will cost approximately $56 million, in Tampa, Fla. The 176,000-square-foot facility is expected to create 100 jobs and increase patient capacity by 25 percent. LSI plans on beginning construction this fall and it is slated to be complete by 2016.
Surgical Notes names Chuck Meisel VP of sales.
Surgical Notes named Chuck Meisel vice president of sales. Mr. Meisel previously served as senior sales leader at Poplar Healthcare, Owens & Minor and ProVation Medical. In his new role, he'll use his 15 years of experience in the healthcare industry to further develop Surgical Notes' sales organization. He will be responsible for hiring, developing and mentoring a nationwide sales team.
CMS adds 4 new modifiers.
One of the most incorrectly reported modifiers is the -59 modifier (distinct procedural service). Only under certain circumstances should the -59 modifier be applied. The overuse and misuse of the -59 modifier has been a red flag to Medicare and the OIG to the point that Medicare has now established four new modifiers that will go into effect Jan. 1, 2015. Read the full report on Becker's ASC Review.
Northstar Healthcare to form new business entity with First Surgical Partners.
Northstar Healthcare has reached an agreement with First Surgical Partners to form a new business entity, which will own and operate First Street Hospital and First Street Surgical Center, both in Houston. Northstar Healthcare will own 51 percent of the new entity, while First Surgical Partners will own the remaining stake. Northstar will contribute $7.5 million to the new entity.
Dr. Carlos Alvarez joins Doylestown surgery center.
Carlos Alvarez, MD, has joined Doylestown (Pa.) Hospital and the Doylestown (Pa.) Hospital Surgery Center. Dr. Alvarez is a board-certified general surgeon.
AMA calls for 6-month Open Payments system delay.
Following news of data errors that caused CMS to take its Open Payments website offline, the American Medical Association is calling on the agency to delay the portal's public launch by six months. Read the full report on Becker's Hospital Review.
More articles on ASC issues:
9 gastroenterologists in the news
7 healthcare controversies to watch for Midterms 2014
9 recent ASC acquisitions
Healthcare spending expected to grow over next decade.
Healthcare spending is expected to increase to 5.6 percent in 2014 and 6 percent per year from 2015 to 2023, according to a recent report from CMS' Office of the Actuary published in Health Affairs. Read the full repot on Becker's Hospital Review.
Laser Spine Institute to build $56M HQ, ASC.
Laser Spine Institute is building headquarters and an ASC, which will cost approximately $56 million, in Tampa, Fla. The 176,000-square-foot facility is expected to create 100 jobs and increase patient capacity by 25 percent. LSI plans on beginning construction this fall and it is slated to be complete by 2016.
Surgical Notes names Chuck Meisel VP of sales.
Surgical Notes named Chuck Meisel vice president of sales. Mr. Meisel previously served as senior sales leader at Poplar Healthcare, Owens & Minor and ProVation Medical. In his new role, he'll use his 15 years of experience in the healthcare industry to further develop Surgical Notes' sales organization. He will be responsible for hiring, developing and mentoring a nationwide sales team.
CMS adds 4 new modifiers.
One of the most incorrectly reported modifiers is the -59 modifier (distinct procedural service). Only under certain circumstances should the -59 modifier be applied. The overuse and misuse of the -59 modifier has been a red flag to Medicare and the OIG to the point that Medicare has now established four new modifiers that will go into effect Jan. 1, 2015. Read the full report on Becker's ASC Review.
Northstar Healthcare to form new business entity with First Surgical Partners.
Northstar Healthcare has reached an agreement with First Surgical Partners to form a new business entity, which will own and operate First Street Hospital and First Street Surgical Center, both in Houston. Northstar Healthcare will own 51 percent of the new entity, while First Surgical Partners will own the remaining stake. Northstar will contribute $7.5 million to the new entity.
Dr. Carlos Alvarez joins Doylestown surgery center.
Carlos Alvarez, MD, has joined Doylestown (Pa.) Hospital and the Doylestown (Pa.) Hospital Surgery Center. Dr. Alvarez is a board-certified general surgeon.
AMA calls for 6-month Open Payments system delay.
Following news of data errors that caused CMS to take its Open Payments website offline, the American Medical Association is calling on the agency to delay the portal's public launch by six months. Read the full report on Becker's Hospital Review.
More articles on ASC issues:
9 gastroenterologists in the news
7 healthcare controversies to watch for Midterms 2014
9 recent ASC acquisitions