California Attorney General Rob Bonta has reached a $4.5 million settlement with Bay Area-based telehealth company Carbon Health Technologies and its co-founder and former CEO Eren Bali over allegations of violating California’s prohibition on the corporate practice of medicine and…
Author: Patsy Newitt
ASC transactions are lengthy and require physician owners to understand the process well before entering it Here is what each phase looks like in practice: Phase 1: Pre-diligence and preparation (three to 12 months before going to market) Healthcare transaction…
More than half of U.S. physicians now work for hospital systems, and new research suggests the consolidation trend has been physician-led, rather than hospital-driven. A qualitative study published June 10 in JAMA Network Open found that practice acquisitions at three…
For physicians weighing a career move, state income tax is often the deciding variable, and in high-earning specialties, the wrong state can cost more than $50,000 a year. Here are five things to know: 2. According to a report from…
Physicians who joined hospital systems through practice acquisitions report friction over staffing decisions, work schedules and inadequate onboarding, even as both groups agree the deals improve patient care, according to a new study. Researchers from Northeastern University interviewed 37 hospital…
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More certified registered nurse anesthetists are walking out of traditional W-2 positions, and the market they’re walking into is paying them more to do it. Of approximately 57,000 actively practicing CRNAs in the United States, about 18% practice as independent…
Two urologists have agreed to pay a combined $2.2 million to resolve False Claims Act allegations of performing medically unnecessary surgical procedures involving an implantable neurostimulation device and billing Medicare for the unnecessary procedures, the Justice Department said in a…
Stark law violations often surface through claims data, whistleblowers and audit trails, sometimes years after the arrangement in question was put in place. Here are four things physicians need to know: 1. Strict liability means intent doesn’t matter. The Stark…
ASC valuations remain healthy on paper, but many leaders say the problem is the gap between what a center is worth today and what it could have fetched two years ago. ASC EBITDA multiples range from 2.7x to 12.0x, with…
Even as health systems pour capital into ASCs, Becker’s has reported on four health systems closing ASCs this year, driven by shrinking patient volumes, financial pressures and shifting network strategies. Here are the four health systems closing ASCs: 1. Catholic…