Today's Top 20 Stories
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North Carolina medical buildings sell for $73M
A Florida-based real estate investment firm has purchased six medical office buildings in Greensboro, N.C., for $73 million, according to a July 2 report from the Triad Business Journal. -
Patients paying for colonoscopy prep unnecessarily: Study
Many patients are still paying out of pocket for colonoscopy bowel prep despite a federal law stating it should be covered by insurance, according to a study led by Eric Shah, MD, at Ann Arbor-based University of Michigan. -
HCA's spending spree: 3 recent acquisitions
Nashville, Tenn.-based HCA Healthcare is a major player in the ASC market, operating 124 ASCs through its outpatient surgery business Surgery Ventures. HCA is affiliated with more than 45,000 physicians and operates 186 hospitals nationwide.
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Ophthalmology practices receive early settlement in class-action lawsuit
A group of ophthalmology practices were awarded a settlement in a class-action lawsuit brought against ECL Group, an eye-care practice management technology provider. -
State-by-state breakdown of new ASCs in Q2
A number of ASCs have opened or secured approval to do so across 21 states during the second quarter of 2024. -
5 hospitals delay, cancel surgeries from anesthesia provider challenges
Securing anesthesia providers is becoming increasingly difficult for ASCs and hospitals across the country amid increasing shortages and plummeting reimbursements. -
Unlocking gastroenterology procedure growth at ASCs
Gastroenterology procedures make up 10 of the 25 most common procedures performed at ASCs, and leaders continue to look to these procedures to facilitate growth.
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How the lowest-paid physician specialties have evolved in the last 5 years
For the last five years, the same five physician specialties have traded spots in the lowest-paying slots of Medscape's annual compensation report. -
3 home health providers to pay $4.5M to settle kickback allegations
Home health companies Guardian Health Care, Gem City Home Care and Care Connection of Cincinnati have agreed to pay $4.5 million to settle claims they provided kickbacks to physicians and assisted living facilities for Medicare referrals. -
Baptist Health cardiologist to retire after 34 years
Prabodh Mehta, MD, a longtime cardiologist at Baptist Health Medical Group Cardiology in Elizabethtown, Ky., will retire July 19 following 34 years in the field, according to a July 1 report from The News-Enterprise. -
Median physician practice expenses top $1M
Median monthly physician practice expenses exceeded $1 million for the first time in May, according to a report from Strata's Monthly Healthcare Industry Financial Benchmarks.
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3 medical office buildings changing hands in 1 week
The outpatient care industry has been active in 2024 with practice closures, clinics changing hands and the development of new centers. -
5 numbers on ASC consolidation
Nearly 2,000 ASCs are now partnered with a national operator — indicative of a shifting ownership landscape in the outpatient space. -
Dr. Jon Kobashigawa assumes presidency of the American Society of Transplantation
Jon Kobashigawa, MD, director of the heart transplant program at Cedars-Sinai, assumed the role of president of the American Society of Transplantation. -
Who's dominating the ASC market?
While independent ASCs have a steady hold on the market, with 68.1% of centers being freestanding, big chains continue to grow their market share as healthcare continues to consolidate. -
Supply chain job growth on the rise
As the healthcare industry continues to face pressures from a struggling global supply chain, job openings for supply chain professionals also continue to rise nationwide. -
10 states that will pay off medical school debt
The average U.S. medical student leaves college with $206,924 in loan debt, according to the Association of American Medical Colleges. -
NYU Langone adds Florida cardiology group
New York City-based NYU Langone has added a cardiology group in Atlantis, Fla., to its care network. -
'The ASC shift is real': Zimmer Biomet's latest ASC play
As interest in ASCs grows among physicians, administrators and patients, health systems, corporate entities and private equity groups are venturing into the outpatient surgery sector. -
Why it makes sense to invest in an ASC
Several health systems and physicians have moved to enter the ASC market in 2024. Amid growing competition, being fiscally savvy has become increasingly important in the outpatient space.
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