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Patsy Newitt

From clinic closures to false claims settlements, here are four updates from retail giant Walgreens since Sept. 4:

Physicians working in hospital-owned practices are nearly three times more likely to report dissatisfaction compared to those in physician-owned practices, according to consulting firm Bain & Company’s Frontline of Healthcare Survey, highlighted in an October blog post. 

Dallas-based Steward Health Care, a for-profit health system, has been facing financial difficulties and controversies since it sought Chapter 11 bankruptcy protection May 6 and is now working to sell its 31 hospitals.

Village Medical has shuttered obstetrics service at its practice in Colorado and will no longer offer care to women during pregnancy or childbirth at its offices in Fort Collins, Colo., the Coloradoan reported Oct. 7.

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The Florida Department of Law Enforcement have arrested a physician amid murder, manslaughter and racketeering allegations, following a multiyear investigation involving "an illegal drug ring," the department said in an Oct. 4 release. 

In the last decade, private equity investment has become a key strategy for achieving economies of scale, particularly for independent, physician-owned ASCs in more consolidated markets. 

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