Developing ASCs, launching management services organizations and engaging in clinically integrated networks are some of the most lucrative investments for orthopedic practices today as outpatient migration continues and healthcare moves toward value-based care.
Alan Condon
Hudson (Wis.) Physicians, a 48-physician multispecialty group, on May 24 broke ground on a $10 million outpatient facility in New Richmond, Wis., according to a May 27 Hudson Star-Observer report.
Independent ASCs are in an intensified struggle to attract and retain talent. Surgery centers have always competed against hospitals and health systems in their market, but now they are competing with hospitals' high-dollar signing bonuses and other recruitment tactics as…
As the healthcare industry continues to move away from fee for service and toward value-based care, alternative payment models are expected to become more popular among patients, insurers and providers.
Mobile, Ala.-based USA Health on May 24 broke ground on a 25,000-square-foot surgery center in Fairhope, Ala., according to al.com.
Six former employees of an ASC allege they were fired from the surgery center after they were not granted religious-based exemptions from the COVID-19 vaccine, according to a May 20 complaint filed in the U.S. District Court of Western Michigan.
More than 108,700 physicians have shifted to employment from 2019 to 2021, with 58,200 physicians joining hospitals and 50,500 moving to other corporate entities, according to an April report from Avalere.
Hospitals and corporate entities continue to snap up independent physician practices — a trend that has seen a significant spike because of the heightened economic challenges brought by the pandemic — but not all patients are happy with the level…
It's no secret that orthopedic care is one of many specialties migrating to the outpatient setting, and hospitals and health systems are making several strategic shifts to keep up with this trend.
Dallas-based United Surgical Partners International, Tenet Healthcare's surgery center business, has helped protect the company from the rising labor costs that continue to eat into the bottom line of many hospitals and health systems across the country.
