Author: Patsy Newitt

In the last decade, private equity investment has become a key strategy for achieving economies of scale, particularly for independent, physician-owned ASCs in more consolidated markets. 

Here are the CEO and CFOs of the five biggest ASC chains:

A physician assistant in Charlotte, N.C., was sentenced to six years in prison for his role in a $10 million genetic testing Medicare fraud scheme. 

Heather Cianfrocco, CEO of Optum, was named on Fortune's "Most Powerful Women" list.

There are several proactive strategies physicians can take to safeguard from the rise in malpractice suits, Medical Economics reported Oct. 1. 

The sister of a patient who died following a failed heart transplant at Newark (N.J.) Beth Israel Medical Center is suing the hospital and the cardiologist claiming negligence. 

Becker's reported on 10 hospital closures in the third financial quarter of this year, and this shift may lead to an increase in volume for ASCs, as patients seek alternatives after losing access to services previously offered at hospitals. 

A federal judge in Florida has dismissed a whistleblower lawsuit accusing a medical practice of inflating Medicare reimbursements, citing constitutional concerns over the False Claims Act's qui tam provisions, law.com reported Oct. 4. 

The number of physicians running independent practices is steadily declining amid a growing gap between reimbursements and the escalating costs of maintaining these practices. 

A physician who ran an addiction treatment practice in Merrillville, Ind., has been sentenced to one year and one day in federal prison after pleading guilty to healthcare fraud.