Author: Patsy Newitt

As independent practices struggle to keep pace with consolidation, a contingent of physicians is responding with an entrepreneurial turn.  Between 2012 and 2024, the share of physicians in private practice fell by nearly 20 percentage points from 60.1% to 42.2%,…

From regulatory roadblocks to volume declines, three ASCs have closed within a single month.  This rare spree of shutdowns cuts against the industry’s prevailing growth as health systems pour capital into ASCs.  Here are the three closures: 1. Catholic Health…

The former CEO and a former sales executive of a Massachusetts laboratory have agreed to pay $1.2 million to resolve False Claims Act allegations of paying illegal kickbacks to physicians disguised as managed service organization distributions to induce laboratory test…

Catholic Health System is closing Sterling Surgical Center in Orchard Park, N.Y., citing declining patient volume, and relocating its surgical services to other ASCs in its network, the health system confirmed in a statement shared with Becker’s.  Sterling Surgical Center,…

Nearly half of U.S. physicians aren’t relying solely on their clinical salary.  Whether driven by financial pressure or intellectual curiosity, a growing share of physicians are building nonclinical income streams through consulting, teaching and research.  Here are six things to…

Physician practice closures aren’t slowing down. Bankruptcies climbed to their highest level in recent years in 2024 before easing somewhat in 2025. Becker’s tracked 23 physician practice closures in 2025.  From a 30-location dermatology group that abruptly stopped paying its…

The share of practices owned by hospitals, health systems or other corporate entities surged from 39% to 59% between 2019 and 2023 alone. Physician employment by those same entities climbed from 62% to 78% over the same period, according to…

Running a fixed-price ASC is less a billing innovation than an operational discipline, according to Tom Valentine, the new president of Zionsville, Ind.-based WellBridge Surgical. Mr. Valentine, who joined the free-market ASC May 1 after roughly two months of preparatory…

Linwood, N.J.-based Connolly Dermatology offices across New Jersey, the Philadelphia area and Delaware have shuttered after employees say the practice stopped paying its staff, NBC Philadelphia reported May 28. Workers at many of the practice’s more than 30 locations stopped…

Gastroenterologists are among the highest-paid physicians in the country, pulling in an average of $530,000 in 2025, but a new Medscape survey suggests the paycheck doesn’t always match the pressure.  Nearly half of gastroenterologists say they don’t feel fairly compensated…