3 physician practice closures in 1 week

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Three physician practices closed their doors this week — one after 45 years, one after 20 and one amid federal fraud charges against its owner.

Here are the three closures: 

1. Physician’s Surgery Center of Knoxville (Tenn.) announced plans to shutter after 45 years of business. The physician-owned ASC, accredited by Accreditation Association for Ambulatory Health Care, had 5 operating rooms and offered surgeries including colon and rectal, ENT, general, gynecology, ophthalmology, orthopedic, pain, plastic, podiatry and urology. 

2. Satellite Med, a primary care practice in the Cookeville, Tenn., area, permanently closed after 20 years of operation, with owner James Cates, MD, citing a decade of declining reimbursements and insurance company interference in clinical decision-making as the primary drivers.

3. A Yuma, Ariz., physician’s clinic has closed after Ifran Fazil, MD, was arrested and charged with four felonies, including defrauding Arizona’s Medicaid program, money laundering and possessing dangerous drugs.

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

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Tuesday, August 11
12:00 PM - 1:00 PM CDT

Presenter: Gautam Shah, MBA, FACHDM, NextGen Healthcare

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