Radiologists lead as the highest-paid physicians per hour, according to a recent survey by the American Medical Association. Here are the physician specialties with the highest hourly compensation: Specialty Average hourly pay Radiology $281.27 Otolaryngology $255.50 Gastroenterology $249.66 Cardiology $240.54…
Author: Patsy Newitt
Payer behavior continues to be one of the biggest challenges facing ASCs and other outpatient facilities. As reimbursement pressures mount, ASCs are exploring new partnerships to improve care coordination and drive efficiencies. But without meaningful engagement from payers, progress remains…
The decision between ownership and employment remains one of the most critical career choices for physicians, particularly as reimbursement strains and practice costs push some in the workforce toward employed models. Jeremy Shiner, founder and CEO of Myriad Systems, a…
As Congress wrestles with the future of Medicaid funding, ASCs, physicians and hospitals nationwide are bracing for potential financial turmoil. Currently, the federal government covers 90% of costs for Medicaid expansion enrollees in the 41 states (including Washington, D.C.) that…
Physician practice bankruptcy filings hit a six-year high in 2024, according to a report on Chapter 11 bankruptcy filings from healthcare restructuring advisory firm Gibbins Advisors. Here are five major healthcare bankruptcies in the last year affecting physicians: 1. Physician…
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California’s ASCs play a crucial role in expanding patient access to high-quality, cost-effective surgical care, but financial sustainability remains a pressing concern for many leaders. Bradley Heaton, CEO of the surgery center division at Sacramento, Calif.-based Sutter Health, joined Becker’s…
Independent ASCs in the United States face daunting financial challenges as they seek to remain autonomous and resist being acquired by health systems or private equity-backed entities. Most independent ASCs are unable to leverage a corporate parent or rely on…
A $25.6 million malpractice lawsuit against orthopedic surgeon Richard Edelson, MD, is now underway, NBC affiliate KGW8 reported March 11. The lawsuit was filed by former Portland (Ore.) Timbers goalkeeper Jake Gleeson, who alleged that a 2018 surgery ended his…
A physician, several home health agencies and a laboratory have been indicted for their role in a $7.8 million fraud and kickback scheme scheme. Maria Batilo, MD, was indicted for allegedly participating in illegal kickback arrangements and submitting fraudulent Medicaid…
Gastroenterologists are facing increasing financial strain as reimbursement rates continue to decline. A study published in The American Journal of Gastroenterology found that between 2007 and 2022, unadjusted average reimbursement for GI procedures dropped by 7%, while inflation-adjusted rates plummeted…