Today's Top 20 Stories
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Physicians could lose $25B with new CMS policy: Study
Physicians could lose at least $25 billion in add-on payments for Part B drugs that could be part of the Inflation Reduction Act's program to negotiate drugs, according to a recent study by Avalere. -
California clinic chain to pay $7.7M to settle fraud, unclaimed property allegations
U.S. Healthworks, a chain of occupational and urgent care clinics, has agreed to pay $7.7 million to settle allegations it knowingly withheld millions of dollars in unclaimed property from the state of California. -
American Society of Anesthesiologists files trademark complaint against American Association of Nurse Anesthesiology
The American Society of Anesthesiologists has filed a trademark complaint against the recently renamed American Association of Nurse Anesthesiology, alleging that its use of the word "anesthesiology" is "deceptively misdescriptive," according to a Sept. 25 report from Medscape.
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Pain clinic to pay $750K to settle Medicare false claims allegations
Martinsburg, W.Va.-based The Pain Center of West Virginia has agreed to pay $750,000 to settle allegations that it submitted false claims to Medicare for amniotic fluid injections used in pain management. -
Washington physician practice acquired
Bellingham, Wash.-based Doherty Dermatology has been acquired by Frontier Dermatology. -
Is consolidation fueling physician burnout?
According to the Physician Foundation's annual "Survey of America's Current and Future Physicians," 6 in 10 physicians and residents reported experiencing burnout, and 50% of respondents said healthcare consolidation is having a negative impact on their job satisfaction. -
Inside the fight to relieve Tennessee's anesthesia provider shortage
Tennessee lawmakers are reviving an effort to address the state's anesthesia provider shortage after the previous effort died in committee earlier this year, the Public News Service reported Sept. 25.
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PE-backed physicians cost Medicare less than hospital physicians: Study
Medicare expenditures in private equity-affiliated private practices were an average of 9.8% lower than for patients treated in hospital-affiliated practices in 2022, according to a recent study by Avalere and the American Independent Medical Practice Association. -
Why another ASC has closed its doors for good
A private ASC in Nacogdoches, Texas, closed its doors permanently in May, citing financial pressures, according to a May 10 report from The Daily Sentinel. -
Cardiology vs. gastroenterology vs. orthopedics: Where the 3 stand in practice affiliation
Cardiology has the lowest percentage of physicians in private equity-affiliated practices when compared to gastroenterology and orthopedics, according to a recent study by Avalere and the American Independent Medical Practice Association. -
Michigan physician clinic, home raided for alleged pill mill
The clinic and home of a physician in Bloomfield Hills, Mich., has been raided for an alleged pill mill, WDIV reported Sept. 24.
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Discrimination suit filed against New Jersey AmSurg ASC
A former billing manager for AmSurg-affiliated Affiliated Endoscopy Services of Clifton (N.J.) has filed a lawsuit against the ASC alleging employment discrimination under the Americans with Disabilities Act and the New Jersey Law Against Discrimination, according to court documents obtained by Becker's. -
Mercy to break ground on Oklahoma's 1st digestive health facility
Chesterfield, Mo.-based Mercy will break ground on the Kathryn Ann Meinders Digestive Health Institute in Oklahoma City on Sept. 27, the state's first standalone medical center dedicated to digestive health. -
US Digestive Health strikes new payer contract
Exton, Pa.-based US Digestive Health has signed a five-year contract with major payer Highmark Health, an independent licensee of the Blue Cross Blue Shield Association. -
Mercy, others announce $700M 'transformative' partnership
St. Louis-based Mercy, the Heartland Whole Health Institute and the Alice L. Walton Foundation announced a $700 million, 30-year affiliation agreement, Phelps County Focus reported Sept. 24. -
Practice administrator sentenced for misappropriating nearly $600K
A former office manager and bookkeeper for a practice in Pawtucket, R.I., has been sentenced to more than two years in prison for misappropriating nearly $570,000 in medical funds and $11,000 in state benefits. -
Bankruptcies, layoffs and data breaches impacting the ophthalmology industry
Here are six bankruptcies, closures, layoffs and cybersecurity incidents happening in the ophthalmology space, as reported by Becker's since June 7: -
What ASCs want from CMS: 4 things to know
ASCs leaders and physicians are at a pressure point between rising inflation, increased demand for healthcare services and declining reimbursements from Medicare and private payers. -
5 cardiologists making waves
Here are five cardiologists in the headlines, as reported by Becker's: -
Prior authorization and Medicare Advantage: 6 things to know
Nearly 99% of Medicare Advantage patients are required to obtain prior authorization for certain services.
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