The more than 36 leaders featured in this article spoke at Becker’s 30th Annual Meeting: The Business and Operations of ASCs, Oct. 30 to Nov. 2, 2024, at the Hyatt Regency in Chicago. If you would like to join the…
Patsy Newitt
The majority of ASCs specialize in a single specialty, with gastroenterology leading the way, according to a March 13 MedPAC report to Congress. Here’s a breakdown of ASC specialties, as of 2023: Editor’s note: A single-specialty ASC is defined as…
A Lake Forest, Ill., physician has pleaded guilty to tax evasion for hiding assets and lying to the IRS about his ability to pay approximately $1.6 million in taxes. What happened? What’s next?
A physician practice in Saint Mary, Pa., is slated to close, according to a March 15 notice in The Courier Express. The pediatrics practice of John Gorlowski, MD, will be offering appointments until May 15, and the office will be…
A physician from Mount Airy, N.C. was sentenced to 30 months in prison and ordered to pay more than $2 million for his role in a fraud scheme, the Justice Department said in a March 14 news release. What happened?
Medicare payments to ASCs jumped nearly $2 billion between 2018 and 2023, according to a March 13 MedPAC report to Congress. Here’s a chart illustrating the growth in Medicare fee-for-service payments to ASCs from 2018 to 2023: Year Medicare payments…
Radiologists lead as the highest-paid physicians per hour, according to a recent survey by the American Medical Association. Here are the physician specialties with the highest hourly compensation: Specialty Average hourly pay Radiology $281.27 Otolaryngology $255.50 Gastroenterology $249.66 Cardiology $240.54…
Payer behavior continues to be one of the biggest challenges facing ASCs and other outpatient facilities. As reimbursement pressures mount, ASCs are exploring new partnerships to improve care coordination and drive efficiencies. But without meaningful engagement from payers, progress remains…
The decision between ownership and employment remains one of the most critical career choices for physicians, particularly as reimbursement strains and practice costs push some in the workforce toward employed models. Jeremy Shiner, founder and CEO of Myriad Systems, a…
As Congress wrestles with the future of Medicaid funding, ASCs, physicians and hospitals nationwide are bracing for potential financial turmoil. Currently, the federal government covers 90% of costs for Medicaid expansion enrollees in the 41 states (including Washington, D.C.) that…
