A Paramus, N.J., clinic and its operator were ordered to halt all operations after a judge issued a temporary injunction against a man accused of posing as a physician, Morristown Minute reported Sept. 29. What happened?
ASC Transactions & Valuation Issues
From artificial intelligence to insurance hurdles straining patient care, nine physicians joined Becker’s to discuss the biggest disruptor affecting physicians right now. Question: Which new disruptor (technological, regulatory or economic) do you feel is most affecting the physician experience right…
Here’s what five ASC leaders have told Becker’s recently about how they are approaching joint ventures today, what pitfalls they see and where the opportunities lie. Jennilee Caffey. Regional Administrator, Baylor Scott & White Sports Surgery Center, The Star (Frisco,…
Here are four recent updates from CVS Health: 1. CVS Health subsidiary Omnicare has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Northern District of Texas. The filing follows both broader financial difficulties and a July…
Allegheny Health Network is closing a primary care practice in New Kensington, Pa., Trib Live reported Sept. 24. Mark Kerr, a member of Teamsters Local 30, told the publication the closure will affect more than 3,000 patients and 12 employees.…
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Independent physician practices are rapidly disappearing as hospitals, insurers, corporate entities and private equity firms expand their reach, according to a new Government Accountability Office report. Here are 10 key statistics from the report: 1. At least 47% of physicians…
Affiliation models play a major role in whether procedures are performed in higher-cost hospital outpatient departments for lower-cost settings like ASCs and office-based settings, according to a study published in Journal of Market Access and Health Policy. The study analyzed…
Lewiston, Idaho-based St. Joseph Regional Medical Center plans to acquire physician-owned Catalyst Medical Group. The deal, expected to close in late 2025, will bring CMG’s Lewiston Orthopedics and Valley Medical Center under St. Joseph’s umbrella. About 150 CMG employees will…
ASCs have transformed from niche providers of outpatient procedures into a central pillar of healthcare delivery. Once seen as physician-owned alternatives to hospitals, ASCs are now at the center of payer strategies, health system partnerships and private equity investments. Here…
Davenport, Iowa-based ORA Orthopedics announced it will end its partnership with MercyOne at the end of 2025. Here are five things to know: 1. The decision follows Livonia, Mich.-based Trinity Health acquired MercyOne Health System in 2022 and rebranded Genesis…