Ten physicians currently hold a spot on Forbes' live net worth tracker, updated on Jan. 1 for 2025.
ASC News
Joel Smithers, MD, a physician in Abingdon, Va., was convicted of 467 federal counts of drug distribution.
Becker's reported on about 30 physician practice and ASC closures in 2024. Here are some of the top reasons that facilities shut their doors in the last year:
Beginning Jan. 1, nine states across the nation cut income taxes for residents, according to a Jan. 1 report from CBS News.
Effective Jan. 1, Pennsylvania will set limits to noncompete agreements in physicians' contracts for the first time, The Philadelphia Inquirer reported Dec. 31.
Advertisement
Becker's has reported on six hospitals or health systems shuttering services in the last month:
Two physicians recently sued Hay, Kan.-based HaysMed, alleging issues in the noncompete clauses of their employment contracts.
Becker's reported on three hospital closures in December, which could shift how ASCs in these markets operate.
An Arkansas-based drug wholesaler will pay $1.5 million to settle allegations it violated the kickback laws through a scheme where it submitted fraudulent bills to federal workers compensation programs for pain creams.
Here is a state-by-state breakdown of hospital and health system layoffs that took place or were announced in 2024, as reported by Becker's: