A federal judge dismissed an antitrust lawsuit from Rocky Point, N.Y.-based Long Island Anesthesiologists who alleged that UnitedHealthcare and MultiPlan conspired to slash reimbursement rates by more than 80% following the implementation of the No Surprises Act in January 2022,…
Author: Patsy Newitt
CareMax filed for Chapter 11 bankruptcy protection Nov. 17, triggering a restructuring of the business, including divestment of major assets such as its MSO and clinic operations, according to an April 1 blog post from VMG Health. Here are nine…
Becker’s has reported on nine physicians who are facing fraud cases in the last month:
David Stockman, MD, has filed for Chapter 11 protection on behalf of the Michigan Institute of Forensic Science & Medicine, which he owns. The filing delays a court from entering a $551,800 arbitration award to Russell Bush, MD, whom Dr.…
Physician deals rebounded in 2024, driven largely by new players — pharmaceutical companies, insurers and pharmaceutical services providers, according to an April 2 blog post from VMG Health. Here are 10 things to know: 1. Economic conditions in 2023 and…
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Miramar, Fla.-based Vohra Wound Physicians Management and its founder Ameet Vohra, MD, are facing a federal complaint alleging a Medicare fraud scheme involving overbilling and unnecessary wound care services provided to nursing home patients, according to an April 4 news…
Bain Capital is close to inking a $2.6 billion deal to acquire healthcare software provider HealthEdge from private equity giant Blackstone, Private Equity Insights reported April 8. Here are three things to know: 1. Blackstone originally acquired HealthEdge in 2020…
Anesthesia coverage remains one of the most pressing issues in the ASC industry, driven by ongoing provider shortages and declining reimbursement rates. These factors are pushing ASCs to enter new partnerships and adopt innovative staffing models to maintain high-quality, uninterrupted…
Orlango Health has opened the Winter Garden (Fla.) Surgery Center, according to an April 7 news release from the health system. The 11,000-square-foot ASC features three operating rooms and 12 pre- and post-operative care bays. Physicians at the center offer…
CVS Health has announced key leadership changes, appointing Brian Newman as CFO and Amy Compton-Phillips, MD, as executive vice president and chief medical officer. Here are five things to know: 1. Tom Cowhey, who joined CVS Health in 2022 as…