Glen Rock, Penn.-based Blue Cloud Pediatric Surgery Centers received a $15 million credit facility from CIBC Innovation Banking, the global financial services firm said Sept. 29.
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Private equity firms were the buyer in 63 percent of second-quarter deals, according to a Bass Berry & Sims report published in JDSupra.
Summit Orthopedics has a major presence in Minnesota's Twin Cities with four ASCs, about 30 orthopedic locations and about 860 employees.
Health insurance companies generate revenue through the premiums they charge, the number of policies they write, the services they sell and the number of businesses in which they operate.
Early-career physicians continue to favor employed opportunities over private practice as declining reimbursements, steep medical school debt and the cost of malpractice insurance premiums remain key factors driving career choices, according to the "Medscape Young Physician Compensation Report 2021."
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Oakland Athletics shortstop Elvis Andrus underwent procedures Sept. 29 at the Trinity Park Surgical Center in Arlington, Texas, to treat a fractured leg.
North Carolina officials rejected Pinehurst (N.C.) Surgical Center's petition to build a $6 million to $12 million ASC in Sanford, WRAL.com reported Sept. 29.
A new law that took effect Sept. 1 in Texas aims to ease the administrative burdens that insurance companies place on physicians, but some payers have voiced their opposition to the legislation, claiming it will put more patients at risk.
The U.S. is expected to reach a shortage of 37,800 to 124,000 physicians by 2034, and more than 2 of 5 active physicians will be older than 65 in the next decade.
Allentown, Pa.-based Lehigh Valley Physicians Group agreed a deal to acquire a multispecialty group, but a motion filed by two area hospitals could halt the sale, The Morning Call reported Sept. 28.