Today's Top 20 Stories
  1. Missouri community health center converting grocery store to ASC 

    Springfield, Mo.-based Jordan Valley Community Health Center is renovating a former Price Cutter grocery store into an ASC, SBJ Publishing reported Sept. 15. 
  2. States projected to face most, least physician competition by 2028 & more: 6 recent stats to know

    Physician assistant employment is projected to grow by 31 percent from 2020 to 2030, according to the U.S. Bureau of Labor Statistics. 
  3. ASCs, payers ramp up bundled payment initiatives as drive to value-based care continues

    Several payers are expanding bundled payment programs this year as studies continue to document the cost savings that payers, providers and patients can achieve through well-organized value-based initiatives.

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  1. Physician admits to $3.6M billing fraud, pocketing COVID-19 relief funds: 6 details

    A New York ophthalmologist pleaded guilty to collecting millions of dollars related to upcoding and fraudulently obtaining two government-guaranteed loans meant for COVID-19 pandemic relief, the U.S. Justice Department said this week.
  2. 14 hospitals opening ASCs in August

    Here are 14 hospitals and health systems that opened or announced plans for an ASC in August:
  3. Why medical office buildings, ASCs are attracting more interest from investors

    The medical office building market is a niche one, but has attracted increasing interest from investors over the past decade.
  4. Ohio Orthopaedic Surgery Center accredited by Joint Commission

    The Orthopaedic Surgery Center in Youngstown, Ohio, was recently accredited by the Joint Commission, the center said Sept. 14.

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  1. 900-physician DuPage Medical Group rebrands

    Down­ers Grove, Ill.-based DuPage Medical Group has rebranded to Duly Health and Care, the company said Sept. 15.
  2. Surgical Care Affiliates appoints group president of West Coast operating division

    Surgical Care Affiliates has promoted Oren Shill to group president of its West Coast operating division, the company said Sept. 14.
  3. Intermountain Healthcare, orthopedic practice team up on ASC

    Intermountain Healthcare and The Orthopedic Partners broke ground Sept. 15 on a joint-venture ASC, according to a news release sent to Becker's.
  4. 6 private equity deals to know

    Physician practice deals heated up in the first half of the year; private equity firms were the buyer in 63 percent of the second-quarter deals.

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  1. Endoscopy market to reach $39.3B by 2026 

    The global endoscopy equipment market is projected to reach $39.3 billion by 2026, according to MarketsandMarkets.
  2. 15 hospitals, health systems delaying nonemergent surgeries since Sept. 1

    Hospitals and health systems are delaying nonemergent surgeries as COVID-19 continues to surge nationwide. 
  3. UT Health increases cost of medical office building, ASC to $66M 

    University of Texas System Board of Regents approved designs to increase the size and cost of a planned medical office building with an ASC in San Antonio, Virtual Builders Exchange reported Sept. 14. 
  4. Physician pays $6.75M, settles unneeded procedures allegations: 4 details

    An Orland, Fla.-based cardiologist paid millions to settle allegations he performed unnecessary ablations and vein stent procedures, the U.S. Justice Department said Sept. 15.
  5. Justice Department targets health system consolidation 'detrimental to our economy'

    President Joseph Biden attacked anticompetitive acquisitions earlier this year with an executive order to crack down on them, and the U.S. Justice Department plans to follow suit.
  6. KKR, Cornerstone to invest $1B in ASC, physician group real estate

    New York City-based investment firm KKR and Indianapolis-based healthcare real estate firm Cornerstone are partnering to buy more than $1 billion in real estate assets over the next few years.
  7. New Jersey ASC admin says recruiting challenges could jeopardize physician ownership

    Running an ASC amid the COVID-19 pandemic comes with no shortage of challenges. Leasa Hermanson, MSN, RN, administrator of Vineland, N.J.-based Ambulatory Care Center, said her physician-owned center could be forced to partner with a larger entity if recruiting challenges persist.
  8. Telemedicine, other trends enable care for poorest patients, says CEO of Chicago ASC

    With ASCs increasing their ability to perform procedures at lower costs than hospitals, Andrew Shadid, CEO of Chicago-based Genesis Orthopedics & Sports Medicine, said his practice is determined to provide care to those with the greatest financial need.
  9. 5 fast facts on GI Alliance's CEO

    James Weber, MD, is the CEO and founder of Southlake, Texas-based GI Alliance. 

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