Here are seven updates for ASC leaders to know for Dec. 28, 2017.
Physicians who bill the most for Medicare office visits continue despite warnings
ProPublica crunched the numbers and found many of the same physicians who billed most of their Medicare cases as the most expensive type of visit in 2012 continued to do so in 2015 despite warnings that the federal government would pay more attention to those outliers in the future.
Anesthesiologist commits suicide at Wisconsin hospital after pointing gun at hospital employee
An anesthesiologist committed suicide after pointing a gun at a hospital worker at Milwaukee-based Froedtert Hospital Dec. 26.
https://www.beckersasc.com/anesthesia/anesthesiologist-commits-suicide-at-wisconsin-hospital-after-pointing-gun-at-hospital-employee-4-insights.html
Hedge funds sour on HCA
According to recent filings, institutional investors are reducing their positions in Nashville, Tenn.-based HCA Healthcare in droves. Since the second quarter of fiscal year 2017, 249 investors have sold or reduced their equity in HCA, while only 197 started new or increased their positions in HCA.
Mallinckrodt acquiring Sucampo Pharmaceuticals for $1.2B
Mallinckrodt will acquire Sucampo Pharmaceuticals' commercial and development assets for approximately $1.2 billion, pending regulatory approval.
Exact Sciences CEO sells $6.5M — Hedge funds hold 84.5% of company
Recent SEC filings provided insights into Exact Sciences, the company that manufactures Cologuard, finding President and CEO Kevin Conroy sold 245,362 shares for a total of $13 million.
Physician-owned medical company guilty of submitting nearly $1M in false claims
A medical management company pled guilty to submitting nearly $1 million in false claims to two insurance companies.
https://www.beckersasc.com/anesthesia/physician-owned-medical-company-guilty-of-submitting-nearly-1m-in-false-claims-6-insights.html
Hennepin County Medical Center to install specialty lighting in outpatient surgery rooms
The outpatient surgery rooms at Minneapolis-based Hennepin County Medical Center's new $160 million specialty treatment center will offer providers a unique lighting setup. The specialty lighting will give physicians ample lighting, while also allowing nurses to continue to see during the procedure.