Author: Patsy Newitt

Two Florida medical offices have sold for $12.85 million in the Tampa Bay area, Tampa Bay Business and Wealth reported March 16. The first sale involves a 18,677-square-foot medical office building in St. Petersburg that sold for $8.25 million. A…

Brentwood, Tenn.-based Surgery Partners has named Lloyd Dean as an independent director on its board of directors. Mr. Dean previously served as CEO of Chicago-based CommonSpirit Health, one of the largest nonprofit health systems in the U.S., and before that…

For patients facing low health literacy and significant social determinants of health challenges, navigating the healthcare system can be difficult even under the best circumstances. But according to Esme Singer, MD, chief medical officer of Philadelphia-based Temple Faculty Physicians at…

A team from Boston-based Harvard Medical School is piloting what may become the ASC industry’s first comprehensive sustainability certification, aiming to demonstrate that environmental initiatives can also generate meaningful cost savings. The program, called the GreenCare ASC Certification, was developed…

Independent physicians are increasingly expanding into ASCs, but many still lack the scale and infrastructure to capture the same savings and operational efficiencies available to larger platforms.  That gap, particularly in areas such as supply and implant spending, employee benefits…

Phoenix-based Tri-City Cardiology and three physicians have agreed to pay $4.75 million to resolve allegations they violated the False Claims Act by performing medically unnecessary vein ablations, the Justice Department said in a March 12 news release.  The settlement resolves…

A new Federal Trade Commission study found that primary care is far less concentrated than many physician specialties, with just 18% of primary care ZIP codes classified as highly concentrated. Published March 11, the study uses claims data from six…

HHS’ Office of the Inspector General issued a favorable result regarding a proposal to offer discounts to certain ASCs in intraocular lenses and supplies in cataract surgery, law firm Epstein Becker Green said in a March 12 blog post.  Here…

The ophthalmology sector has experienced significant consolidation over the past five years, largely driven by private equity, according to a report from VMG Health. Here are seven things to know from the report: 1. Deal volume in the ophthalmology sector…

For physicians, the growing influence of pharmacy benefit managers is affecting how easily they can prescribe medications, how much patients pay out of pocket and how long treatment takes to begin, according to a July report from the American Medical…