This is a column by Les Jebson, administrator of the Orthopedics and Sports Medicine Network at Prisma Health. The presence of medical device representatives in surgical settings has become increasingly common in modern healthcare, particularly as procedures grow more technologically…
Patsy Newitt
Three Colorado Springs, Colo.-based healthcare companies and two individuals face False Claims Act allegations of submitting tens of thousands of fraudulent claims to Medicare and Tricare using a deceased physician’s provider number to obtain higher reimbursement rates, the Justice Department…
The future of the ASC industry looks different depending on whom you ask, which could be a sign of just how much change is underway across the space. From “accessibility” to “consolidation” to “uncertainty,” 42 ASC leaders, administrators and physician…
YurHealth will close its primary care practices in Millen and Baxley, Ga. on September 10, according to an Aug. 10 Facebook post from the company. No reason for the closure was provided. A select group of providers will remain on-site…
A North Carolina pharmaceutical company has agreed to pay more than $46 million to resolve criminal and civil allegations of paying kickbacks to physicians and pharmacies to induce prescriptions of its kidney transplant immunosuppression drug, including the largest Sunshine Act…
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From a first-quarter earnings beat to a wave of physician practice closures and a fresh entanglement in ASC antitrust remedies, Optum has spent the past few months navigating a mix of financial recovery and operational retrenchment. Here’s a breakdown of…
The former CFO of Massachusetts-based spinal implant company SpineFrontier has been sentenced to four months in prison for his role in a kickback scheme that paid more than $540,000 in sham consulting fees to surgeons to induce use of the…
Anesthesia stipends continue to skyrocket, with the share of ASCs expecting to pay stipends jumping from 28% in 2024 to 44% in 2025, according to a VMG Health report, a 57% increase in a single year. Additionally, 60% of ASC…
Surgery Partners’ net loss attributable to the company jumped to $15 million in the second quarter, a 500% increase from a $2.5 million loss in the same period last year, even as revenue grew 2.7% to $848.9 million, the Brentwood,…
DISC Surgery Center at Walnut Creek (Calif.), formerly known as Pinnacle Surgery Center, has permanently closed as of Aug. 1, according to a notice posted on the facility’s website. No reason for the closure was provided. Patients seeking copies of…