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
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.
