Author: Patsy Newitt

Miami-based Gastro Health is one of the largest and fastest growing gastroenterology groups in the industry, with a portfolio of more than 343 physicians and 140 locations in Alabama, Florida, Maryland, Massachusetts, Ohio, Virginia, and Washington. 

Investment in an ASC is a long-term strategy for physicians, particularly those not employed by a hospital, to thrive financially and gain more control over their day-to-day workflow. 

Newmark has sold the Cypress Surgery Center in Wichita, Kan., for $15.3 million, the real estate company said April 27. 

Texoma Medical Center has opened an ASC in Denison, Texas, to offload burden from its main hospital, local ABC affiliate KTEN reported April 26. 

Here are five updates from CMS in the last two weeks:

Fifteen percent of physicians participate in value-based payment models, according to Medscape's "Physician Compensation Report 2022," released April 15. Value-based care is gaining momentum in the ASC industry as a means to reduce costs. 

Chicago White Sox left fielder Eloy Jimenez underwent surgery April 26 at the Rush Oak Brook (Ill.) Surgery Center, according to the Daily Herald. 

Here are more than 50 stats about ASC operating expenses from VMG Health's 2022 "Multi-Specialty ASC Benchmarking Study:"

Here are seven supply chain updates from the last week:

A former physician in El Paso, Texas, agreed to pay $350,000 to settle allegations that he didn't account for more than 11,000 opioid doses, the U.S. Justice Department said April 25.