Here are seven updates.
Surgery Partners valued at $1.25B
For its initial public offering, Surgery Partner is selling 14.3 million common shares. The company’s IPO is priced at $23 to $26 per share.
Adventist Health System to pay record-breaking $118.7M settlement
Adventist Health Systems, based in Altamonte Springs, Fla., agreed to pay the federal government and to the states of Florida, North Carolina, Tennessee and Texas $118.7 million to settle allegations the health system violated the False Claims Act by maintaining improper compensation arrangements with referring physicians.
Premier ASC project reconsidered in New York
The Premier Ambulatory Surgery Center project was delayed because of objections made by the TLC Health Network. New York state officials are now reconsidering the project, led by husband and wife physicians Vishal Sharma, MD, and Nisha Sharma, MD.
California counties provide healthcare to undocumented immigrants
Contra Costa County along with 46 other California counties will administer non-emergency care to illegal immigrants.
Medtronic CEO joins Minnesota Public Radio board of trustees
Omar Ishrak, Medtronic CEO and chairman, was elected to the Minnesota Public Radio board of trustees.
7 cases of viral meningitis confirmed in Maine schools
Seven cases of viral meningitis were confirmed in Maine in three York County school departments. Testing is recommended because symptoms are similar to life-threatening bacterial meningitis.
Meaningful engagement with patients is difficult for almost all physicians
Many physicians claim they have difficulty establishing quality interactions with the patients they treat. Eighty-eight percent of physicians believe spending time developing an authentic engagement with patients is increasingly more difficult.