Scott Becker, JD, CPA, is a healthcare attorney and a partner in the national law firm of McGuireWoods. Q: Should my ASC be owned by the same corporation as my practice?
ASC Transactions & Valuation Issues
Hospitals and health systems are constantly refining their strategies based on changes in market dynamics. While these dynamics can include varying factors from changes in market competition to introduction of new medical technologies, perhaps nothing impacts the need for a…
Jay Rom, president of finance for Blue Chip Surgical Center Partners, explains how the company selects surgery centers to acquire, co-own and manage, and what steps it takes to turn them around.
Here are 10 of the biggest hospital and health system transactions in the United States so far in 2010.
Statistics show orthopedic surgeons are paid for call coverage more than any other specialty. According to a 2009 Sullivan Cotter Survey, approximately three out of four hospitals, who report on-call payments to physicians, provide payments for orthopedic surgeons. Health systems…
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On July 30, 2008, CMS issued its final rule regarding the Hospital Inpatient Prospective Payment System (IPPS). CMS elected to allow healthcare service providers until October 1, 2009 to restructure or unwind certain current arrangements that were impacted by the…
The oversight and scrutiny of physician hospital and physician provider transactions and relationships has increased tremendously over the last few years. Scott Becker, JD, CPA, partner at McGuireWoods, discusses two legal trends affecting the relationship between surgery centers and physicians…
Loan guarantees are powerful tools that can be used to finance businesses that involve a partnership with physicians, provided that there is fair market value (FMV) compensation paid for the value of services received. As recent economic turmoil has led…
Kevin McDonough, senior manager at the Dallas office of VMG Health, discusses why an ASC looking for a partner shouldn't base its decision solely on who is offering the most upfront money.
The certificate of need received by Novant Health to build an ASC in Holly Springs, N.C., is facing challenges from the three parties the organization beat out to receive the CON, according to a Triangle Business Journal report.