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.
Patsy Newitt
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.
From investments to expansions, here are seven anesthesia updates to know in 2022:
Four ASC projects in 2022 have cost more than $150 million.
Advertisement
A Pennsylvania ASC and two Pittsburgh-based Allegheny Health leaders were awarded the Pennsylvania Safety Authority's 2022 I Am Patient Safety Award, the independent state agency said Feb. 10.
The No Surprises Act, the federal law requiring ASCs and physician practices to provide cost estimates to self-pay patients, went into effect Jan. 1.
Private equity firm Partners Group has acquired a 200-location dermatology practice from Omers Private Equity, Partners said Feb. 10.
Rockford, Ill.-based OrthoIllinois has finalized its plan to build an ASC in Beloit, Wis., after a year of opposition from Beloit Health System, the city's largest employer, the Beloit Daily News reported this week.
University of Rochester (N.Y.) Medical Center is converting a former Sears building within a mall to an orthopedic healthcare campus with an ASC, The Wall Street Journal reported Feb. 1.