Here are seven news updates for ambulatory surgery center leaders to know for March 23, 2015.
Tenet, USPI to combine ASC, imaging center businesses
The consolidation trend in the ambulatory surgery center market continues. Tenet Healthcare and Welsh, Carson, Anderson & Stowe have signed an agreement for Tenet and United Surgical Partners International to form a joint venture. Read the full report on Becker's ASC Review.
Medical Facilities Corporation announces 4Q, year-end financial results
MFC consolidated facility service revenue of $311.8 million for 2014, a 0.9 percent increase from $309.2 million in 2013 and consolidated facility service revenue for the fourth quarter of 2014 was down 2.2 percent from $89.6 million in the fourth quarter of 2013 to $87.6 million. Read the full report on Becker's ASC Review.
Children's Health, Dr. James Andrews partner on sports medicine clinic, ASC
Children's Health System of Texas in Dallas has partnered with James Andrews, MD, to establish an orthopedic and sports medicine clinic for student athletes and build an ambulatory surgery center in Plano, Texas, according to a report by The Dallas Morning News.
The price of 8 common outpatient procedures in 6 major U.S. cities
Herniated disc decompression (outpatient)
• Washington, D.C.: $14,841
• New York: $23,615
• Miami: $20,521
• Houston: $20,987
• Los Angeles: $24,313
• San Francisco: $23,298
The list also includes prices for knee arthroscopy with meniscectomy, carpal tunnel release, appendectomy and more. Read the full report on Becker's ASC Review.
ASCs offering pediatric orthopedics programs
- Children's North Surgery Center (Broomfield, Colo.)
- Erie (Pa.) Ambulatory Surgery Center and Outpatient Specialty Center
- Montgomery County Outpatient Center (Rockville, Md.)
- Texas Pediatric Surgery Center (North Richland Hills)
HHS recovers $3.3B in fraudulent billing in 2014
HHS has recovered $3.3 billion in fraudulent healthcare billing for the fiscal year 2014, according to a HealthcareDIVE report. This recovery marks the third highest return since the anti-fraud program was developed, according to the report. More than $27.8 billion has been recovered since 1997.
AGA Center for GI Innovation: "Getting to Zero" meeting for duodenoscope infections
The American Gastroenterological Association Center for GI Innovation held a "Getting to Zero" meeting in regards to infections associated with duodenoscope procedures. The meeting was attended by GI experts, epidemiology and infectious disease experts, as well as representatives from FujiFilm, Pentax, the FDA, CDC and ECRI Institute.