Hoboken, N.J.-based Garden State Orthopedics, an orthopedic practice specializing in sports medicine, officially closed its office on Jan. 27 after more than 30 years in the area, Patch reported Feb. 7.
Patsy Newitt
The number of independently-owned ASCs dropped to 67%, down from 68% in 2023, according to VMG Health's "ASCs in 2024: A Year in Review" report.
Capsule cataract removal without endoscopic cyclophotocoagulation is the most common procedure performed at ASCs in 2024, according to VMG Health's "ASCs in 2024: A Year in Review" report.
Eleven healthcare leaders joined Becker's to discuss what the physician workforce might look like in five years.
Minimally invasive surgery, particularly in spine and orthopedic procedures, continue to be a significant driver of growth for ASCs.
Advertisement
A former clinic owner has been sentenced eight and one-third to 25 years in prison for orchestrating a multimillion-dollar Medicaid fraud scheme involving unnecessary medical tests.
The net inflation adjustment for ASCs is 2.9% in 2024, nearly a full percentage point higher than the average since 2023, according to the VMG Health 2025 Healthcare M&A Report.
Around 33.5% of freestanding ASCs are owned and operated by chains, according to the VMG Health 2025 Healthcare M&A Report.
About 77% of physicians have moved away from independent settings, opting for employment by hospitals or health systems — and nine healthcare leaders joined Becker's to discuss where these physicians are headed and why.
Stark law enforcement is evolving rapidly, with heightened scrutiny, a record-breaking volume of qui tam lawsuits, and new legal precedents reshaping compliance risks for physicians and ASCs.