Here are seven news updates for ASC leaders for Thursday, April 2nd 2015
Tenet Healthcare and USPI a joint venture ambulatory surgery center business
The movement toward value-based care is sparking consolidation in healthcare. To master these changes, healthcare providers are joining together to offer quality care in appropriate settings at the lowest possible cost. Combined, USPI and Tenet are positioned to offer value-based solutions Read the full report on Becker's ASC Review.
Tenet to take out $2B loan to fund USPI joint venture, Aspen Healthcare acquisition
Tenet Healthcare plans to take out a $2 billion loan to finance its joint venture with United Surgical Partners International and the acquisition of Aspen Healthcare, according to a Bloomberg Business report.
8 new outpatient surgical centers for last month
There were eight new outpatient surgical service centers and ambulatory surgery centers announced or opened in March. The centers were opened by hospitals or in partnership with physicians across the United States. Read the full report on Becker's ASC Review.
MIS approach for colectomy patients results in short-& long-term cost savings, study finds
Patients who underwent minimally invasive colectomy procedures required fewer days of healthcare utilization and resulted in lower healthcare costs than those who underwent traditional open surgery, according to a study published in JAMA Surgery
PricingHealthcare.com adds 4 ASCs
The new ASCs include:
• New England Surgery Center in Boston
• Stateline Surgery Center in Galena, Kan.
• Iowa City (Iowa) Ambulatory Surgical Center
• Southwest Eye Surgery Center in Oklahoma City, Okla.
Ohio health system pays $10M in kickback allegations settlement
Robinson Health System paid the federal government $10 million to settle False Claim Act violation claims. The government alleged improper financial relationships with referring physicians, including management agreements.
Supreme Court says hospitals can't sue states over Medicaid pay
The Supreme Court ruled hospitals and healthcare providers can't sue to challenge Medicaid reimbursement rates set by states in a lawsuit coming out of Idaho. The providers argued they could bring suit under the supremacy clause of the Constitution, and this decision could have an impact on similar initiatives in other states.