Physician practice bankruptcy filings hit a six-year high in 2024, according to a report on Chapter 11 bankruptcy filings from healthcare restructuring advisory firm Gibbins Advisors. Here are five major healthcare bankruptcies in the last year affecting physicians: 1. Physician…
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Woodbury, Minn.-based Summit Orthopedics earned shoulder joint replacement certification from The Joint Commission, making it the first ASC in the state to receive the distinction. The facility is the first freestanding ASC in the U.S. to be recognized by the…
In 2024, a plurality of ASC leaders earned between $110,000 and $119,999 annually before bonuses, according to a February report from Outpatient Surgery Magazine. The magazine surveyed 101 outpatient surgery leaders between December 2024 and January 2025, finding that a…
When it comes to the state of business in 2025, over one-quarter of ASCs report doing “just OK” headed into 2025, according to a February report from Outpatient Surgery Magazine. The magazine surveyed 101 outpatient surgery leaders between December and…
A $25.6 million malpractice lawsuit against orthopedic surgeon Richard Edelson, MD, is now underway, NBC affiliate KGW8 reported March 11. The lawsuit was filed by former Portland (Ore.) Timbers goalkeeper Jake Gleeson, who alleged that a 2018 surgery ended his…
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ASC management organization AmSurg has introduced a series of new company values that will guide care at its partner ASCs, of which there are more than 250. The four new values include care deeply, cultivate integrity, champion excellence and celebrate…
A physician, several home health agencies and a laboratory have been indicted for their role in a $7.8 million fraud and kickback scheme scheme. Maria Batilo, MD, was indicted for allegedly participating in illegal kickback arrangements and submitting fraudulent Medicaid…
Coeur D’Alene, Idaho-based Kootenai Health and Tacoma, Wash.-based MultiCare Health System have partnered to open a new medical campus in Post Falls, Idaho. The 30-acre Prairie Medical Campus will house a micro-hospital, an ASC, clinic offices and lab services, with…
Arkansas has become the sixth state to ban noncompete agreements for physicians. Gov. Sarah Huckabee Sanders signed the bill into law on March 4. It is expected to go into effect in mid-July 2025. But it remains unclear whether the…
The White House has rescinded its nomination of former Florida Rep. Dave Weldon, MD, to serve as CDC director, according to a March 13 report from CNBC. Here are six things to know: 1. The White House withdrew Dr. Weldon’s…