Sunrise, Fla.-based medical group Mednax closed its issuance of $400 million in aggregate principal amount of senior notes in a private offering, the company said Feb. 11.
Author: Patsy Newitt
Law firms Heyman Enerio Gattuso & Hirzel and Block & Leviton were awarded around $12.2 million in fees Feb. 11 in connection with Surgery Partners' $45 million settlement, according to Law360.
The lowering of the colorectal cancer screening age and the acceleration of the outpatient migration leaves gastroenterology ASCs and endoscopy centers primed for growth.
Ricardo Cigarroa, MD, the Laredo (Texas) Medical Center and its physicians group urged a federal judge Feb. 9 to dismiss a hospital's suit accusing the group of poaching doctors and monopolizing the area's cardiology market, according to a Law360 report.
Does the future of healthcare hinge on patients, payers or providers? Eight ASC leaders joined Becker's to discuss the forces shaping healthcare.
Atrium Health will open a $150 million hospital campus, its largest in nearly 40 years, Feb. 23 in Stallings, N.C., according to the Charlotte Observer.
With heightened outpatient migration and new ASCs appearing to pop up daily, some centers are struggling to compete in their markets.
Acquisition of gastroenterology practices by management service organizations accelerated in 2021, with powerhouses like Miami-based Gastro Health and Southlake, Texas-based GI Alliance expanding their reach nationwide.
Despite many physicians migrating to hospital employment, investment in ASCs is still a long- term strategy for physicians to maintain financial and operational stake in a surgery center.
Payers UnitedHealthcare, Cigna and Anthem reported the largest year-end revenue in 2021.
