Today's Top 20 Stories
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14 hospital closures so far in 2024
Hospitals in many markets are closing as they face massive financial challenges, including declining reimbursement rates, shifting market demands and rising practice costs. -
The best hospitals for GI and GI surgery in 2024: US News
Rochester, Minn.-based Mayo Clinic was named the best hospital for gastroenterology and GI surgery in 2024 by U.S. News & World Report. -
MultiCare, Atlas to develop ASC network
ASC development company Atlas Healthcare Partners and Tacoma, Wash.-based MultiCare Health System have partnered on a joint venture ASC network in the Pacific Northwest.
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Physician net collections increased 4.3%: Survey
Overall median net collections increased 4.3% –– lower than the 5.3% overall increase in compensation from 2023 to 2024, according to an American Medical Group Association survey released July 12. -
10 things to know about ASCs right now
Advances in technology and the cost effectiveness of ASCs have made them a fast-growing market. -
Guidehealth, Story Health launch value-based cardiology program
Artificial intelligence-enabled healthcare services company Guidehealth has partnered with digital health company Story Health to create a value-based cardiology care program. -
10 ASCs hiring administrators
Here are 10 ASCs from coast to coast that have posted job listings for administrator roles within the past month:
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Medicare Advantage in the news: 6 updates
Here are six updates on Medicare Advantage that have made headlines recently, as reported by Becker's since June 25: -
Physicians 'not thrilled' about Medicare claims process: Survey
Around two in three physicians see Medicare reimbursement time as a "'moderate' issue or worse", according to Medscape's "Doctors Evaluate Medicare and Medicaid Report 2024," published July 12. -
ASC vs. HOPD reimbursement for 10 common ASC procedures
Reimbursement differences between hospital outpatient departments and ASCs are a longstanding point of contention among ASC professionals, with Medicare ASC payments increasing only marginally while Medicare hospital pay has seen comparatively significant jumps. -
Walgreens to close more locations, reduce VillageMD stake
In June, Walgreens announced plans to reduce its stake in primary care clinic chain VillageMD and to shutter underperforming stores in the next few years.
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10 things to know about Steward's fraud, corruption investigation
Dallas-based Steward Health Care, which filed for bankruptcy May 6, is under criminal investigation by federal prosecutors. -
Excel Health acquires California ASC
Healthcare management company Excel Health has acquired Journey Surgery Center in Aliso Viejo, Calif. -
Bothwell Regional Health Center purchases medical office building, relocates services
Sedalia, Mo.-based Bothwell Regional Health Center has purchased a medical office building that formerly housed the Women’s Health and Surgical Center, according to a July 15 report from KSIS Radio. -
Dermatologist claims Michigan physician owes him $142K in wages
A Washington, D.C., physician is suing David Stockman, MD, and Saginaw Township-based Michigan Health Clinic, alleging failure to pay $142,000 in wages, M Live reported July 12. -
Minnesota ASC opens new facility, expands capacity
Minneapolis-based medical real estate firm Davis has opened Eagan (Minn.) Speciality Center, a 36,100-square-foot facility. -
Colorado medical office building sells for $2.5M
A single-tenant medical office building in Montrose, Colo., has sold for $2.5 million, according to a July 15 report from REBusiness Online. -
Self-employed vs. employed physicians: Medicare, Medicaid patient count
Medicaid patient counts for self-employed and employed physicians were substantially lower than Medicare, according to Medscape's 2024 "Doctors Evaluate Medicare and Medicaid Report 2024," published July 12. -
Physician pay increases by specialty
Radiology, anesthesiology and pathology saw the highest pay jump between 2023 and 2024, according to the American Medical Group Association's 2024 Medical Group Compensation and Productivity Survey. -
Surgical specialty pay jumps 5.5% in 2024
Surgical specialties have seen a 5.5% increase in pay in the last year, according to the American Medical Group Association's 2024 Medical Group Compensation and Productivity Survey.
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