The sustainability of independent ASCs is becoming an increasing concern as rising practice costs outpace reimbursement rates. Many ASCs are feeling the financial squeeze, and some leaders worry about the challenges of maintaining physician ownership, particularly as aging surgeons fail…
Author: Patsy Newitt
Medicare-certified ASCs are subject to numerous federal laws — including the Anti-Kickback Statute — that require compliance when bringing in or terminating surgeon owners, according to a recent article in the March 2025 issue of Surgery Business magazine. Here are…
Anesthesia plays a crucial role in the efficiency and success of ASCs, particularly in gastroenterology procedures. Five GI leaders recently joined Becker’s to discuss growing challenges and what they believe needs to change to ensure ASCs can continue providing high-quality…
Nine physicians from the New England Heart and Vascular Institute at Catholic Medical Center are branching out to establish Cardiovascular Specialists of New England, an independent practice, the New Hampshire Union Leader reported Feb. 29. The physicians — five interventional…
The more than 36 leaders featured in this article spoke at Becker’s 30th Annual Meeting: The Business and Operations of ASCs, Oct. 30 to Nov. 2, 2024, at the Hyatt Regency in Chicago. If you would like to join the…
Advertisement
The majority of ASCs specialize in a single specialty, with gastroenterology leading the way, according to a March 13 MedPAC report to Congress. Here’s a breakdown of ASC specialties, as of 2023: Editor’s note: A single-specialty ASC is defined as…
A Lake Forest, Ill., physician has pleaded guilty to tax evasion for hiding assets and lying to the IRS about his ability to pay approximately $1.6 million in taxes. What happened? What’s next?
A physician practice in Saint Mary, Pa., is slated to close, according to a March 15 notice in The Courier Express. The pediatrics practice of John Gorlowski, MD, will be offering appointments until May 15, and the office will be…
A physician from Mount Airy, N.C. was sentenced to 30 months in prison and ordered to pay more than $2 million for his role in a fraud scheme, the Justice Department said in a March 14 news release. What happened?
Medicare payments to ASCs jumped nearly $2 billion between 2018 and 2023, according to a March 13 MedPAC report to Congress. Here’s a chart illustrating the growth in Medicare fee-for-service payments to ASCs from 2018 to 2023: Year Medicare payments…