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3 factors driving hospital-physician ASC partnerships
More health systems and physician groups are teaming up to develop joint-venture ASCs, which continue growing in popularity among patients and other stakeholders, according to Serbin Medical Billing. - 7/24/19 -
Building with ophthalmology ASC sold in Florida
A building containing a surgery center that serves a number of eye practices in Fort Myers, Fla. was recently sold by ERE Healthcare Real Estate Advisors. - 7/24/19 -
Tenet spinning off Conifer, appointing new CEO — 6 insights
Dallas-based Tenet Healthcare will spin off of its Conifer business into a separate, publicly traded company. - 7/24/19 -
Optum revenues hit $28B in Q2 & more — 9 ASC industry notes
Here are nine updates on ASC companies and industry-relevant companies to note: - 7/23/19 -
New Mexico hospital to open 3 ASCs — 3 insights
Albuquerque, N.M.-based Presbyterian Healthcare Services is in the process of building three ASCs, including a joint venture that could be the region's largest ASC, Albuquerque Business First reports. - 7/23/19 -
Physician services acquisitions in the past 90 days — orthopedics, GI & more
The physician services sector witnessed strong consolidation and investment activity in the second quarter of 2019, according to Provident Healthcare Partners. - 7/22/19 -
Surgical company seeks $15M investments for 10 closed surgery centers
Worldwide Surgical Solutions, a company that designs and builds surgical facilities, is seeking investors for 10 surgery centers in Texas that have closed down, according to CEO James Hamilton. - 7/22/19 -
Optum's $4.3B DaVita acquisition, customer alignment & care-management strategy — 5 insights on Q2 results
UnitedHealth Group's total revenues grew by 9 percent year over year in the first half of 2019, with UnitedHealthcare and Optum contributing strongly to the results, according to UnitedHealth Group CEO David Wichmann. - 7/22/19 -
Orthopedic ASC embarks on $4M expansion, renovation
Raleigh, N.C.-based Triangle Orthopaedics Surgery Center has an expansion in the pipeline, according to documents filed by the North Carolina Department of Health and Human Services. - 7/19/19 -
Surgical company seeks $15M investments for 10 closed surgery centers
Worldwide Surgical Solutions, a company that designs and builds surgical facilities, is seeking investors for 10 surgery centers in Texas that have closed down, according to CEO James Hamilton. - 7/19/19 -
$16B+ invested in healthcare services in Q2 — 4 quarterly insights
Investors made more than $16 billion in investments into the healthcare space in the second quarter of 2019, according to an analysis by investment firm Provident. - 7/19/19 -
Developer acquires California medical office building with surgery centers for $5.5M — 3 insights
ABG Property 1 acquired a three-story medical office building in Los Alamitos, Calif., for $5.5 million, GlobeSt.com reports. - 7/19/19 -
Optum revenues jump 13.4%, hitting $28B in Q2
Minnetonka, Minn.-based UnitedHealth Group reported diversified growth in the second quarter of 2019, with Eden Prairie, Minn.-based Optum revenues hitting $28 billion. - 7/19/19 -
7 things Optum has done in the past 90 days
UnitedHealth's Optum has the attention of healthcare providers, insurers and consumers as the company continues to grow in non-traditional ways. - 7/18/19 -
Carolina Center for Specialty Surgery plans expansion to 3 ORs
Carolina Center for Specialty Surgery gained conditional approval to add one operating room to its facility, for a total of three ORs, according to North Carolina health department documents. - 7/17/19 -
Florida eye practice partners with PE group — 5 insights
Miami-based Eye Surgery Associates partnered with Dallas-based EyeCare Services Partners Management for an undisclosed amount July 15. - 7/17/19 -
Doctors’ Hospital Inc. acquired by Anne Arundel Health System
The Annapolis, Md.-based Anne Arundel Health System acquired Lanham, Md.-based Doctors’ Hospital Inc. July 1, forming the Greater Maryland Health System, according to the Capital Gazette. - 7/16/19 -
Texas practice adds physical therapy & rebrands months after ASC acquisition
Austin, Texas-based Spindletop Pain Management Holdings and San Antonio-based Tricity Pain Associates acquired Barnes Physical Therapy in San Antonio and rebranded as Phase Four Physiotherapy. - 7/16/19 -
Judge advances former Laser Spine Institute employee lawsuit & more — 9 ASC industry notes
Here are nine updates on ASC companies and industry-relevant companies to note: - 7/16/19 -
California management company acquires 4 surgery centers
Bay Area Oral Surgery Management acquired four surgery centers in California. - 7/15/19
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- Ohio eye practice hit with ransomware, decides not to pay: 3 details
- Equipment from shuttered physician-owned hospital in Texas to go up for auction
- 4 new joint-venture ASCs — July 2019
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- 5 most common sentinel events of 2019
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- Laser Spine Institute shuts its doors, patients from 4 ASCs diverted: 5 things to know
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- Class action suits look for answers after Laser Spine Institute's abrupt closure — 7 insights
- Former pain practice CEO found guilty of 8 counts in $4M kickback operation — 4 details
- CMS proposes adding total knee replacements to ASC covered procedures list for 2020, increases payment rates
- How much revenue do GIs generate for hospitals? 3 report details
- Brookside ENT and Hearing Center closes after hack deletes all files — 7 insights
- Now-defunct Laser Spine Institute under fire over insurance handling — 5 key details
- $130M private equity deal to unite 3 GI practices, create 7th largest group in US
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- South Carolina pain group under investigation for billing fraud related to opioids, urine testing — 5 notes
- CVS to launch pilot program for Aetna beneficiaries undergoing total knee replacement surgery
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- How OptumCare aims to become a $100B business in the next 10 years
- Delaware pain physician indicted in $12.7M Medicare fraud scheme: 4 details
- 310+ ASCs with total joint replacements | 2019
- Wisconsin surgery center closes — 3 insights
- President Trump issues executive order to require healthcare price disclosure
- Florida passes overnight stays for ASCs, mandates child safety rules — 4 details
- Optum names new president, COO
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- 25 joint venture ASCs in 2019 — State-by-state breakdown
- Where 5 major ASC companies stand in 2019: Strategy, market share & more
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- 'Rock Doc' allegedly traded drugs for sex, prescribed 1.4M+ opioids
- 4 orthopedist employment, salary statistics
- Florida pain clinic owner sentenced to 6+ years in prison for Medicare fraud
- Physician-owned micro-hospital to open in Oklahoma — 3 details
- Best & worst states for physicians to practice, ranked by Medscape
- Former Laser Spine Institute employee class action lawsuit claiming $7M+ damages moves forward: 5 notes
- 5 things to know about physician salaries
- 10 things to know about spine surgery in ASCs for 2019
- 7 things Optum has done in the past 90 days
- Florida hospital closes ASC due to lack of specialists; may reopen in the fall: 4 key notes
- 6 spine-focused ASCs opened or announced this year
- The story behind Amulet Capital's 3-practice merger — The deal team explains
- Ophthalmologist, practice to settle False Claims Act violation allegations for $5M: 3 details
- 6 ASC closings in first half of 2019
- BCBS Blue Distinction program to include ASC joint replacement certification — 4 insights
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