Nashville, Tenn.-based Rural Healthcare Group, part of private equity firm Kinderhook Industries, agreed to acquire financially troubled Steward Health Care's 175-physician group for $245 million in cash.
Author: Patsy Newitt
Healthcare bankruptcies have been spiking as debt levels and interest rates rise.
Massachusetts was named the best state to live in, propelled by its healthcare system and education quality, according to Wallethub's 2024 Best States To Live In, published Aug. 12.
The Arkansas State Medical Board has revoked the license of gastroenterologist Alonzo Williams, MD, following accusations of sexual harassment and improper prescription practices, among other allegations, the Arkansas Advocate reported Aug. 10.
The vertical integration of physician groups and health systems is pushing colonoscopies to be performed in hospital outpatient departments over ASCs, ultimately driving Medicare and patient out-of-pocket costs up, according to a study published July 25 in Science Direct.
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A physician in Tulsa, Okla., agreed to pay $619,994 to settle false claims allegations
An anesthesia provider and its malpractice insurer have paid $4.2 million in a settlement with the family of a patient who died undergoing a procedure at an ASC, Law.com reported Aug. 8.
Anthem Blue Cross Blue Shield's health plans in Ohio, Missouri, Connecticut, New York, Nevada, and Maine will reduce QZ services performed by certified registered nurse anesthetists to 85% of the physician fee schedule beginning Nov. 1.
ASCs are consolidating, albeit at a slower rate than physician groups or hospitals, and some leaders are looking for different solutions that don't involve rescinding independence.
A Silver Spring, Md., physician was sentenced to 24 years in prison after sexually assaulting two patients during routine medical exams, WTOP reported Aug. 8.