Dallas-based Surgical Automations, a surgical robotics company focused on gastrointestinal endoscopy, closed a $3.4 million oversubscribed seed round earlier this year, according to an Oct. 30 press release. Surgical Automations is developing the Vāsuki Robotic System, a platform designed to…
Author: Patsy Newitt
Montana’s number of ASCs, home health agencies and inpatient addiction treatment centers have grown by 12.5% since its certificate-of-need law was repealed in 2021, according to an October report from the Frontier Institute. Here are four more things to know…
Two weeks ago, I assumed the position of president of the American Society of Anesthesiologists, an organization and specialty of which I am immensely proud. More than 60,000 ASA members work every day to provide the safest, highest-quality care for…
Cardiology is rapidly gaining momentum as an outpatient specialty. As CMS continues expanding its list of approved ASC procedures and technology makes more complex interventions possible in lower-acuity settings, more cardiovascular care is moving beyond the hospital. The shift is…
Optum Health is rolling back parts of its rapid expansion to refocus on its core value-based care model after what executives described as a drift from the company’s original mission, according to an Oct. 29 earnings call from parent company…
Dallas-based Tenet Healthcare is doubling down on its ASC growth strategy, continuing to “prioritize capital investments” in its ASC arm, United Surgical Partners International, through a robust mergers and acquisitions pipeline, executives said during an earnings call transcribed by Seeking…
Raghu Reddy, chief administrative officer of Southfield, Mich.-based MiOrtho Surgery Center and a member of the Ambulatory Surgery Center Association’s education and quality committees, joined Becker’s to discuss the key performance indicators his ASC uses to track efficiency, quality and…
Franklin, Tenn.-based Community Health Systems is pressing forward with hospital divestitures in 2025 as part of its effort to sharpen its strategic focus, exit non-core markets and reduce debt. “We’re still pursuing some divestitures and are in some early conversations,”…
As the healthcare landscape evolves, ASCs are navigating a complex mix of financial, operational and competitive pressures that threaten their independence and profitability. Here are three market pressures shaping ASCs today: 1. Payment disparities between ASCs and HOPDs ASCs are…
While ASCs can save money in the short term by cutting hours or delaying upgrades, some leaders feel long-term success depends on keeping experienced staff and maintaining strong compliance systems. Raghu Reddy, chief administrative officer of Southfield, Mich.-based MiOrtho Surgery…
