Today's Top 20 Stories

  1. Private equity's new physician-acquisition strategy

    Francesca Mathewes -
    Private equity firms have solidified their place in healthcare over the last decade. 2012 saw just 75 PE transactions in healthcare –– in 2021, that number reached 484. 

  2. 9 leaders retiring in 2024

    Claire Wallace -
    From cardiology to gastroenterology leaders, here are nine prominent clinicians who have retired in 2024: 

  3. Jefferson Health opens outpatient center, ASC

    Paige Haeffele -
    Jefferson Health opened a multispecialty outpatient center in Philadelphia with an ASC.

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  1. 5 things to know about ASCs and declining reimbursements

    Francesca Mathewes -
    ASCs throughout the U.S. face skyrocketing operational costs alongside declining reimbursements from payers. 

  2. The future of ASCs: Health systems 'front and center'

    Paige Haeffele -
    The overarching trends in healthcare affect ASCs in unique ways, making monitoring industry developments a key to success at outpatient surgery centers. 

  3. Permit filed for $5M Florida ASC

    Claire Wallace -
    The city of Jacksonville, Fla., is reviewing a permit application for a new $5 million ASC in the area, according to an Aug. 8 report from the Jacksonville Business Journal.

  4. Employee accused of embezzling $100K+ from Pennsylvania eye practice

    Francesca Mathewes -
    An Erie, Pa.-woman accused of embezzling over $100,000 from the eye physician she once worked for has waived her criminal case to court, Erie Times-News reported Aug. 8. 

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  1. 10 practices, hospitals & facilities shutter in 10 days 

    Patsy Newitt -
    Here are 10 hospitals, physician practices and health facilities that have announced plans to close, according to Becker's reported between July 30 and Aug. 8:

  2. Prospect Medical to bring Crozer Health into its hospital, ASC network

    Francesca Mathewes -
    Bloomfield, N.J.-based CHA Partners and its parent company, Prospect Medical Holdings signed a letter of intent to acquire Upland, Pa.-based Crozer Health, a spokesperson for the system confirmed to Becker's. 

  3. Meet the highest-paid healthcare CFO

    Francesca Mathewes -
    John Rex, CEO of UnitedHealth, was named the 10th highest paid CFO in the U.S., according to a report from The CFO Club. As such, he is also the highest-paid CFO in healthcare.

  4. Stark law, noncompetes & more federal moves affecting physicians

    Patsy Newitt -
    From potential Stark law amendments to a noncompete ban, here are four recent federal moves that are affecting physicians:

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  1. Physician consolidation driving procedures to HOPDs, not ASCs: Study 

    Patsy Newitt -
    The vertical integration of physician groups and health systems is resulting in a push to procedures to hospital outpatient departments over ASCs, driving Medicare and patient out-of-pocket costs up, according to a study published July 25 in Science Direct. 

  2. Jobless claims down despite recession fears

    Claire Wallace -
    Jobless claims for the week ending Aug. 3 fell from the previous week to at 233,000, the lowest total in four weeks, according to an Aug. 8 report from Forbes.

  3. Florida ASC hacked

    Ariana Portalatin -
    Ocala-based Surgery Center of Mid Florida experienced a data security event earlier this year that may have compromised patient information. 

  4. Body found following Arizona medical office building fire

    Claire Wallace -
    Firefighters have discovered the body of a man after putting out a fire at a Phoenix-based medical office building, according to an Aug. 7 report from local NBC affiliate 12 News. 

  5. Medical supply company owner to pay $200K for kickback scheme

    Patsy Newitt -
    The owner of a medical supply company in Spokane, Wash., has agreed to pay $224,620 to resolve allegations he participated in a kickback scheme to bill Medicare for medically unnecessary durable medical equipment.

  6. SurgNet Health Partners acquires Alabama endoscopy center

    Claire Wallace -
    Nashville, Tenn.-based ASC management company SurgNet Health Partners has acquired Tuscaloosa (Ala.) Endoscopy Center. 

  7. American Gastroenterological Association slams UnitedHealthcare gold card program

    Claire Wallace -
    The American Gastroenterological Association has issued a statement regarding UnitedHealthcare's new gold card prior authorization program, which is set to take effect Oct. 1. 

  8. Washington state physician sentenced for $14.6M fraud, kickback conspiracy

    Patsy Newitt -
    Thomas Andrew Webster, MD, has been sentenced to two years in federal prison for conspiring to accept kickbacks through a fraudulent medical supply scheme. 

  9. USPI inking major deals

    Patsy Newitt -
    ASC giant United Surgical Partners International continues to grow as its parent company Tenet Healthcare reorganizes its portfolio towards ASC development. 

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