Zionsville, Ind.-based WellBridge Surgical Center, a multispecialty, free-market ASC operating almost entirely outside the traditional insurance model, has named Tom Valentine — a leader with 30 years of experience in manufacturing — as president. Previously serving as the executive vice…
Author: Patsy Newitt
Hospitals aren’t the only providers losing ground in Medicare Advantage networks. As the nation’s largest insurers pull back coverage, narrow their HMO offerings, and walk away from contracts they deem unprofitable, some ASCs are feeling the downstream effects. Medicare Advantage…
Management services organizations have become one of the most talked-about structures in independent physician practice, but few people can explain what one actually does on the ground. Basheer Alismail, president of Capital Surgical Solutions, joined Becker’s to discuss how he…
Hoskinson Health and Wellness, a rural clinic in Gillette, Wyo., will close July 31, three years after opening, citing financial unsustainability, the Gillette News Record reported May 25. The clinic, which was founded with ambitions of building a national model…
Federal agencies are escalating their fight against alleged fraud, waste and abuse in Medicare and Medicaid, deploying funding freezes, new enforcement units and criminal prosecutions. Here are 10 numbers that define the crackdown. $2 billion. The amount CMS could withhold…
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From fighting new state legislation in court to defending itself against hospital lawsuits, CVS Health is navigating a turbulent stretch. Here’s a look at what’s happening: Tennessee pharmacy law sparks federal lawsuit CVS Health has filed a federal lawsuit challenging…
When it comes to building a successful ASC or physician practice, most conversations start with capital, location or case mix. But for Basheer Alismail, president of ASC and physician practice company Capital Surgical Solutions, alignment should be the first consideration. …
Optum Primary Care in Franklin, Ind., will close and its providers will move to different locations, the Daily Journal reported May 25. A clinic physician, two physician assistants, a respiratory therapist, a nurse practitioner and a neurologist will relocate to…
With median transaction multiples hitting an eight-year high in 2025 and private equity pouring nearly $19 billion into the sector in just the first half of the year, demand is strong in the ASC market. Here are seven things to…
Since March 24, the Justice Department has sentenced, accused or settled with four physicians and four durable medical equipment company owner for fraud cases. The activity comes as CMS is currently enforcing a six-month nationwide moratorium on new Medicare enrollment…