Today's Top 20 Stories
  1. ASC independence has 'seen its better days,' according to one exec

    For some leaders, independence is critical to ASC success — fostering adaptability, innovation and cost containment. For others, independence is unsustainable in the current market. 
  2. Texas ASC building sold

    Montecito Medical Real Estate acquired a medical office building housing an ophthalmology ASC in San Antonio, Texas, according to a July 8 news release. 
  3. UT Medical Center's ASC reaches major construction milestone

    Knoxville-based University of Tennessee Medical Center's new ASC, the Advanced Orthopaedic Institute, reached a major construction milestone.

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  1. Virginia hospital opens renovated surgery center

    Johnston Memorial Hospital in Abingdon, Va., held a ribbon cutting ceremony to celebrate the opening of its renovated surgery center, NBC affiliate WCYB reported July 8.
  2. Biden scrutinizes hospital mergers, supports price transparency with exec order

    President Joe Biden signed an executive order July 9 addressing several issues important to healthcare providers and insurers.
  3. New York pain physician gets 17 years in prison for role in kickback scheme

    Gordon Freedman, MD, a New York City-based pain physician, was sentenced to more than 17 years in prison July 8 after being convicted of accepting kickbacks and admitting to prescribing controlled substances unnecessarily.
  4. How important is independence to ASCs?

    With increased industry consolidation and almost 70 percent of physicians reporting being employed by hospitals at the end of 2020, ASC leaders have differing opinions on the importance of independence. 

How Cedars-Sinai tapped change management principles to better inform surgical service line decisions

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  1. 12 insights on cardiologist net worth, debt & compensation

    Seven percent of cardiologists have a net worth of more than $5 million, according to Medscape.
  2. 4 updates in outpatient spine surgery

    A spine surgeon's upcoming ASC and three more updates in the outpatient spine surgery space reported since June 1:
  3. ASCs get better patient experience ratings than hospital outpatient departments, Leapfrog finds

    Patients prefer same-day surgery at an ASC to a hospital outpatient department, according to a July 8 Leapfrog survey.
  4. MedCraft acquires TriHealth ASC in Ohio

    Minneapolis-based MedCraft Investment Partners acquired a TriHealth ASC in Ohio, according to a July 8 email. 

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  1. Biden challenges noncompete agreements & delta variant: 9 federal gov updates

    The Supreme Court decided not to hear the American Hospital Association's appeal of a change to the 2019 Outpatient Prospective Payment System Rule. 
  2. Avanza doubles down on cardiovascular ASC migration with new hire

    Austin, Texas-based Avanza Healthcare Strategies added Cassy Kincaid, RN, PhD, to consult on the migration of cardiovascular services to ASCs, the company announced July 7.
  3. Physician-owned center housing vascular ASC reaches milestone

    The Charlotte, N.C.-based Antezana Multi-Specialty Center, owned by neurosurgeon David Antezana, MD, and his wife, Nicole, reached a construction milestone. 
  4. SurgCenter Development wraps up Michigan ASC

    SurgCenter Development is finishing an ASC in East Lansing, Mich., according to a LinkedIn post by Kadean Construction Company, the construction company involved with the project. 
  5. Chicago White Sox catcher Yasmani Grandal undergoes surgery at ASC

    White Sox catcher Yasmani Grandal underwent knee surgery at Chicago-based Gold Coast Surgery Center to repair a torn tendon he suffered July 5. 
  6. Gastro Health secures $90M investment

    Penfund, a Toronto-based fund management company, has completed a second lien debt and equity co-investment in Miami-based Gastro Health.
  7. Biden to crack down on noncompete agreements through an executive order

    President Joe Biden aims to stymie employers' ability to suppress competition for employees with a potential new executive order, according to The Hill.
  8. Hyalex Orthopaedics receives FDA Breakthrough Device designation for cartilage repair system

    Medical device company Hyalex Orthopaedics has received the FDA's Breakthrough Device designation for the Hyalex Cartilage System.
  9. 15 insights on GI net worth, debt & compensation

    Fifty percent of gastroenterologists who took financial hits because of the pandemic expect their income to return to normal in this year, according to Medscape.

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