Today's Top 20 Stories
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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.
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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. -
Who's buying Optum's ASCs?
After UnitedHealth Group, parent company of Optum, reached 90,000 affiliated physicians at the end of 2023, it became the largest employer of physicians in the U.S. — sparking industrywide discussions of the risks of consolidation and monopolies. While the company has acquired physician practices and ASCs this year, it has also ended service lines and offloaded centers. -
Providence warns 2,200 patients of potential HIV risk in wake of anesthesiologist's actions
Renton, Wash.-based Providence has alerted 2,200 patients of possible exposure to hepatitis B and C and HIV after the health system's infection control practices may not have been followed by an anesthesiologist. -
OhioHealth invests $20M in 18 physician clinics
Columbus-based OhioHealth ise opening a medical office space featuring 18 discrete physician clinics.
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Colorado eye center files for bankruptcy, shutters all facilities
Pueblo, Colo.-based Rocky Mountain Eye Center plans to shutter all of its clinics July 31 following 32 years of operation, according to a July 12 report from The Pueblo Chieftain. -
The best decision this Hawaii gastroenterologist made this year
Becker's connected with Mel Ona, MD, chair and medical director of gastroenterology at Pali Momi Medical Center in Aiea, Hawaii, to find out what recent decision has paid off the most at his ASC. -
20 massive physician group deals shaping the industry
Facing increasing obstacles to access economies of scale, including rising practice costs and decreasing reimbursement, physician groups are increasingly consolidating. -
77% of physicians impacted by latest Medicare reimbursement cuts
Earlier this year, Congress reduced physician pay rates under Medicare Part B by 1.7%, following a 2% cut in physician reimbursements in 2023.
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How do physicians feel about accepting Medicare patients?
Nearly half of physicians are in support of accepting more Medicare patients at their practice, according to Medscape's 2024 "Medscape Doctors Evaluate Medicare and Medicaid Report 2024," published July 12. -
US Senators tackle private equity
In June, U.S. Senators Elizabeth Warren and Ed Markey of Massachusetts introduced legislation targeting "corporate greed and private equity abuse" in the healthcare industry. -
US ASC market to reach $60B by 2030
The ASC market in the U.S. is projected to reach $60.8 billion by 2030, up from the most recent valuation of $40.4 billion from 2023. -
CMS proposes updates to cardiovascular disease risk assessment
CMS released proposals to update cardiovascular disease risk assessment and risk management services. -
Johnson City Eye Surgery Center breaks ground on ASC
The Johnson City (Tenn.) Eye Surgery Center has broken ground on a new ASC, according to a July 11 report from CBS affiliate WJHL. -
UAB Health System opens 127K-square-foot medical office building
University of Alabama at Birmingham Health System affiliate UAB Medical West has opened a 127,000-square-foot, seven-story medical office building. -
5 ASC profitability killers
Although the ASC industry is largely fragmented, independence is becoming increasingly difficult as practice costs soar and healthcare consolidates. -
What ASCs need to know about Ascensions' selling spree
St. Louis-based Ascension saw a $3 billion operating loss in fiscal year 2023, and its sustainability strategy includes selling off major hospitals in their system. -
'It's a trainwreck': 10 physicians on CMS' proposed pay cut
CMS proposed a 2.8% conversion factor reduction to its physician fee schedule for 2025 July 10.
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