CMS finalized a clarification that hospitals can share space, services or personnel with another healthcare provider, including ASCs, so long as they are independently compliant with CMS regulations, National Law Review reported Nov. 24.
Author: Patsy Newitt
Aspen (Colo.) Valley Hospital is moving 70 percent of its orthopedic cases to a new Steadman Clinic ASC through a partnership, hospital officials told the Aspen Times in a Nov. 25 report.
Al Olszewski, MD, orthopedic surgeon and ASC owner, is running for a Montana congressional seat, the Helena Independent Record reported Nov. 23.
The American College of Gastroenterology awarded Satish Rao, MD, PhD, its Distinguished Mentorship and Teaching Award, local ABC affiliate WJBF reported Nov. 23.
Arlington-based Virginia Hospital Center purchased a $34.5 million building to set up an orthopedic ASC, Washington Business Journal reported Nov. 23.
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Most practices acquired and funded by private equity firms from 2000 to 2020 were in the South, according to a cross-sectional study published Nov. 1 in JAMA Surgery.
Brentwood, Tenn.-based Surgery Partners received $45 million in a settlement against HIG Capital and Bain Capital Investors over a $760 million acquisition of an ASC in 2017, the parties told Delaware Chancery Court on Nov. 23, according to a Law360…
Richmond-based Virginia Commonwealth University Health is opening a $384 million outpatient tower Dec. 6, the Richmond Times-Dispatch reported.
Banner Surgery Center-Sun City West (Ariz.) raised $2,000 for the Colorectal Cancer Alliance, parent company Atlas Healthcare said Nov. 22.
The number of surgical services and facilities funded and acquired by private equity firms has increased over the past 20 years, according to a cross sectional study published Nov. 1 in JAMA Surgery.