As practice costs soar and more physicians transition to employed models, financial stability and physician autonomy often seem at odds. Pradnya Mitroo, MD, president of Fresno (Calif.) Digestive Health, joined Becker’s to discuss how she feels the future of independent…
Patsy Newitt
Physician staffing firm NES Health filed for Chapter 7 bankruptcy on Feb. 21, according to court documents obtained by Becker’s. NES announced plans to cease operations in November, citing financial challenges. Reports indicate that the company’s financial struggles left emergency…
Walgreens Boots Alliance has entered a $10 billion definitive agreement with Sycamore Partners, a private equity firm, to take the company private. The total deal value could reach up to $23.7 billion and is expected to be completed in the…
A Baton Rouge, La., man has pleaded guilty to falsely identifying himself as a physician. Samrat Mukherjee, a licensed paramedic with Acadian Ambulance Service, admitted to posing as a medical doctor and fabricating credentials, including a fake medical degree and…
El Paso, Texas-based John Patterson, MD, has agreed to pay $468,626 to resolve false claims allegations. Dr. Patterson allegedly received kickbacks from Nursemind Home Care, a freestanding hospice provider, in exchange for falsely certifying patients as eligible for hospice care,…
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Medscape released a report outlining the best and worst states to practice by region March 11. The report analyzed factors including physician burnout rate, compensation, state tax burden, living cost, malpractice premiums and community health across eight regions in the…
While physicians are increasingly opting for employed models, some are unhappy with employment and are pivoting back to private practice. According to a survey from consulting firm Bain & Co., nearly 25% of physicians in health system-led organizations are contemplating…
A funding bill released by House Republicans would allow the 2.8% Medicare physician pay cut to take effect. The stopgap measure, designed to keep the government funded through Sept. 30, the end of fiscal year 2025, does not include provisions…
The ASC industry continues to see rapid consolidation, investment and strategic partnerships as healthcare organizations seek to expand their market presence.
The number of independent physicians has been on a steady decline — around 108,700 physicians left private practice for employment between 2019 and 2021, according to a report from Avalere.