A Texas man has been sentenced to 150 months in prison for organizing and leading a $61.5 million healthcare fraud conspiracy involving thousands of Medicare beneficiaries, the Justice Department said in a March 27 news release. Robert Smith III, of…
Author: Patsy Newitt
From regional health systems consolidating ownership stakes to national operators expanding into new specialties, 10 ASC transactions defined the first quarter. The deals span the full spectrum of ASC activity. Surgery Partners moved into the $6 billion dialysis access market,…
A new study suggests current standards for GI fellowship training in the U.S. may no longer be enough. Productivity-based compensation in academic medical centers has affected the time available for procedural training, and post-fellowship assessment remains focused on written exams…
Surgery Center at Pelham in Greer, S.C., has made history as the first ASC in the world to perform total knee arthroplasty using Stryker’s Mako robotic power system. The milestone was years in the making and one that the performing…
Conshohocken, Pa.-based Cencora has completed three major physician deals since January 2025, totaling more than $10 billion. The moves reflect a broader pivot as the pharmaceutical services company refocuses on higher-margin, specialty-driven segments while shedding non-core operations. The most recent…
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Fort Lauderdale, Fla.-based Pediatrix Medical Group has acquired Nashville-based Tennessee Maternal-Fetal Medicine, according to a March 26 news release. The acquired practice includes four board-certified physicians and six advanced practice providers serving patients across five locations in Middle Tennessee. The…
The Federal Trade Commission is ramping up scrutiny of healthcare markets, and physicians are likely to feel the effects. Here are 10 things to know: 1. The FTC is forming a dedicated Healthcare Task Force. FTC Chair Andrew Ferguson directed…
In the last five years, Brentwood, Tenn.-based Surgery Partners has shifted from a broad acquisition-heavy growth model toward a more disciplined, high-acuity-first strategy. Like many ASC groups, the company is concentrating on orthopedics, cardiology, and de novo centers and using…
New York and New Jersey have ranked among the worst states for physicians every year since 2022, and in 2026 New York was last on WalletHub’s annual ranking. The Northeast and mid-Atlantic dominate the bottom of the list year after…
A Maryland OB-GYN has agreed to pay $507,500 to resolve False Claims Act allegations related to a telemarketing scheme designed to defraud Medicare and TRICARE, the Justice Department said in a March 26 news release. Between November 2014 and January…