Minnetonka, Minn.-based UnitedHealthcare and Nashville, Tenn.-based Envision Healthcare will be forced to arbitrate, after the U.S. District Court of Southern Florida granted United’s motion to compel arbitration and its stay of action, according to a court filing. Read more.
Investment manager Jim Chanos of Kynikos Associates took a shot at Envision Healthcare’s billing practices while speaking on CNBC. Mr. Chanos said Envision is in trouble because of its “deceptive or aggressive use of reimbursement.”
Nashville, Tenn.-based Hospital Corporation of America’s Surgery Center of Rome (Ga.) celebrated its 30th anniversary and it’s 125,000th completed procedure.
Eden Prairie, Minn.-based OptumCare, including Birmingham, Ala.-based Surgical Care Affiliates, plans to grow toward more consumer-centric care and risk-based contracting in the future, said OptumHealth’s CEO Andrew Hayek during the first quarter conference call April 17.
Dallas-based Tenet Healthcare purchased the final 15 percent ownership interest in Addision, Texas-based United Surgical Partners International from Welsh, Carson, Anderson & Stowe, upping its ownership to 95 percent.
Provision, Device Reprocessing Solutions is partnering with MedTech/MedCare and Henry Schein to encourage sales and provide support for Provision’s medical device reprocessing solutions.
Nashville, Tenn.-based Montecito Medical acquired Orthopaedic Associates of Wisconsin’s building in Pewaukee.
More articles on transactions/valuations:
Allied Pain & Spine opens San Jose-based ASC: 4 key points
14 statistics on orthopedic, pain management net revenue per case at ASCs
4 things to know about Orthopaedic Research and Education Foundation’s new president Dr. Michael Parks
