A Boston-based physician has been charged and has agreed to plead guilty for her role in a $35.3 million Medicare fraud scheme involving genetic testing services she never provided, according to an April 25 news release from the Justice Department.…
Author: Patsy Newitt
Nashville, Tenn.-based CEO Saum Sutaria, MD, saw a major jump in compensation between 2020 and 2021, largely due to stock awards and incentive plans. Here’s Dr. Sutaria’s total compensation in the last five years: 2024 total compensation: $24.7 million 2023:…
Miami-based Gastro Health has named Chris Fourment, MD, vice president of clinical research, according to an April 21 news release shared with Becker’s. Dr. Fourment co-founded the department of clinical research and education at GI Alliance and served as the…
Physician acquisitions shifted in 2024, as independent practices struggled to keep up with rising operation costs and stagnating reimbursements. Here are 10 key trends in this boom, according to VMG Health’s 2025 Healthcare M&A Report, released on April 22. 1.…
Dental practices saw the highest volume of deals by a large margin, according to VMG Health’s 2025 Healthcare M&A Report, released on April 22. Here are the top specialties by deal volume in 2024:
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Here are 10 statistics illustrating the decline of private practice physicians: 1. From 2012 to 2024, the number of physicians employed by hospitals and health systems jumped from 25.8% to 55.1%, according to a report from Physicians Advocacy Institute and…
The American Society of Anesthesiologists has released a safety alert highlighting “boom strikes,” head injuries caused by collisions with ceiling-mounted equipment, as a growing concern for both physician and patient safety in operating rooms, according to an April 21 news…
Private equity firms are recalibrating their approach to physician practice acquisitions, seeking new avenues for growth and profitability in a shifting healthcare landscape, according to VMG Health’s 2025 Healthcare M&A Report, released on April 22. Here are 10 trends affecting…
The former owner and operator of Pain Medicine of York (Pa.) was sentenced to 42 months in federal prison and ordered to pay nearly $3 million in restitution for his role in a scheme involving medically unnecessary urine drug tests…
Chicago-based GI Partners of Illinois has announced a partnership with Acucare, an AI-driven technology platform that transforms EHR data to actionable insights, according to an April 22 news release from the organization. With this new partnership, GI Partners of Illinois…