Cardiology in ASCs continues to evolve, with efficiency gains driving higher revenue per OR minute — rising from $104.46 in 2023 to $132.88 in 2024, according to data from HST Pathways. Here are five things to know about cardiology ASCs:…
Patsy Newitt
Brown Health has finalized its merger with Brown Physicians, following approvals from the Federal Trade Commission and Rhode Island Attorney General Peter Neronha, the system announced Sept. 30. BPI is a multi-specialty practice group founded and led by faculty at…
Gastroenterology continues to be a leading driver of ASC volume, with endoscopy and colonoscopy at the forefront, according to data from HST Pathways. Here are five things to know about GI ASCs: 1. OR block utilization for GI rose from…
Private equity firm Revelstoke Capital Partners has acquired Griffin Concierge Medical, a physician-owned, membership-based practice in Tampa, Fla., according to a Sept. 30 news release from TM Capital, the investment bank that advised on the deal. Founded in 2008, Griffin…
CVS Health subsidiary Omnicare has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Northern District of Texas following a nearly $1 billion federal judgment and mounting financial pressures. Here are five things to know: 1. Omnicare…
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A Paramus, N.J., clinic and its operator were ordered to halt all operations after a judge issued a temporary injunction against a man accused of posing as a physician, Morristown Minute reported Sept. 29. What happened?
A new survey by Jackson Physician Search and MGMA, which included 284 physicians and 241 administrative leaders, highlights the gaps between physician experiences and leadership assumptions when it comes to retention. Here are 10 statistics to know: 1. Fifty-nine percent…
Bon Secours Mercy Health, Compass Surgical Partners and local physicians have opened an orthopedic ASC in Newport News, Va. The 20,000-square-foot Coastal Virginia Surgery Center features four operating rooms and will offer total joint replacements, orthopedic procedures for the upper…
Hoffman Estates, Ill.-based Ashton Center for Day Surgery became the first ASC in Illinois to perform robot-arm assisted total joint replacement surgery using the Stryker Mako 4 surgical robot. Samuel Lake, MD, an orthopedic surgeon and partner at Suburban Orthopaedics,…
From new facilities to fresh CMS guidance, here are three key updates shaping the physician-owned hospital landscape in 2025: 1. The TXM Manor Emergency Room, a physician-owned hospital and outpatient facility, is scheduled to open in July 2026. The $25…