Swedish Covenant Hospital to buy out ASC partner for $1.4M.
Swedish Covenant Hospital in Chicago owns a 54 percent stake in the Center for Ambulatory Surgery at Swedish Covenant. The hospital intends to purchase the remaining 46 percent stake for $1.4 million. The surgery center has been in operation for 10 months, but has not met financial expectations.
OIG to lose 20 percent of workforce by 2015.
HHS’ Office of the Inspector General is facing a budget deficit that is expected to result in the loss of 400 staff members, roughly 20 percent of its workforce. The OIG is also in the process of delaying or cancelling projects originally included in its 2013 work plan.
Raleigh Orthopaedic Surgery Center earns AAAHC accreditation.
Raleigh (N.C.) Orthopaedic Surgery Center, a joint venture between Raleigh Orthopaedic and Rex Healthcare, has earned accreditation from the Accreditation Association for Ambulatory Health Care.
Dr. Naser Rustom works to earn approval for Orland Park surgery center.
Naser Rustom, MD, has reworked his proposal for a $5.5 million Orland Park, Ill., surgery center that would cater to patients of the Islamic faith. The proposal received a preliminary denial in May. Dr. Rustom filed the second proposal with the Illinois Health Facilities and Services Review Board on July 12.
North American Partners in Anesthesia announces retirement of 3 partners.
Effective July 2013, Michael B. Meyers, Alan Rachleff, MD, and director emeritus, Peter F.R. Walker, MD, anesthesiologist partners of North American Partners in Anesthesia, have retired.
Healthcare cloud computing market expected to hit $5.4B by 2017.
The healthcare cloud computing market is expected to be worth $5.4 billion by 2017, due in part to incentives and requirements included in the Patient Protection and Affordable Care Act. The amount of data providers will be required to store makes cloud computing and storage a popular choice.
IOM supports healthcare decisions made on the local level.
A recent Institute of Medicine report concludes that Medicare payments should not be based on a geographic-based index. Instead, CMS should pay providers based on the sharing of clinical data, coordinated patient care and the taking on financial risk for population health.
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How ASCs Can Fight Back Against Predatory Insurance Payment Tactics
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6 Philosophies for Resilient Ambulatory Surgery Centers
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