There was a 32 percent increase in physician practice acquisitions by corporate entities in the past two years, which added 29,800 formerly independent practice physicians, according to a June 29 report from Avalere.
ASC News
Deerfield, Ill.-based Surgical Care Affiliates and Orlando Center for Outpatient Surgery will pay $3.4 million to settle kickback allegations related to kidney stone procedures, according to a June 28 Justice Department news release.
HST Pathways, an ASC technology company, has rebranded its Casetabs software as HST Case Coordination, according to a June 28 news release.
Independent practices are uniting for scale and leverage during contract negotiations, but that may not be the best strategy for sustained success over the next decade.
With CMS' price transparency rule becoming an increasingly controversial issue for hospitals, ASC leaders have their own ideas on how centers should communicate pricing.
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President Joe Biden announced his bid for inspector general and Medicaid enrollment reached an all-time high.
Two orthopedic surgeons left their hospital employment to establish the Louisville (Ken.) Hip & Knee Institute and build an ASC, according to an article written by the practice published June June 24 in Louisville Business First.
Rockville Centre, N.Y.-based Catholic Health has opened a 4,000-square-foot outpatient center, which is staffed by a primary care specialist and an orthopedist, the Long Island Business News reported June 25.
Ten states reported fewer Medicare-certified ASCs in 2021 than 2020, while 27 states reported gains, based on data from CMS, as reported by the Ambulatory Surgery Center Association.
The delta coronavirus variant was classified as a "variant of concern" June 14, and its presence in the U.S. has only grown since.