Walgreens Boots Alliance has entered a $10 billion definitive agreement with Sycamore Partners, a private equity firm, to take the company private. The total deal value could reach up to $23.7 billion and is expected to be completed in the…
Author: Patsy Newitt
A Baton Rouge, La., man has pleaded guilty to falsely identifying himself as a physician. Samrat Mukherjee, a licensed paramedic with Acadian Ambulance Service, admitted to posing as a medical doctor and fabricating credentials, including a fake medical degree and…
El Paso, Texas-based John Patterson, MD, has agreed to pay $468,626 to resolve false claims allegations. Dr. Patterson allegedly received kickbacks from Nursemind Home Care, a freestanding hospice provider, in exchange for falsely certifying patients as eligible for hospice care,…
Medscape released a report outlining the best and worst states to practice by region March 11. The report analyzed factors including physician burnout rate, compensation, state tax burden, living cost, malpractice premiums and community health across eight regions in the…
While physicians are increasingly opting for employed models, some are unhappy with employment and are pivoting back to private practice. According to a survey from consulting firm Bain & Co., nearly 25% of physicians in health system-led organizations are contemplating…
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A funding bill released by House Republicans would allow the 2.8% Medicare physician pay cut to take effect. The stopgap measure, designed to keep the government funded through Sept. 30, the end of fiscal year 2025, does not include provisions…
The ASC industry continues to see rapid consolidation, investment and strategic partnerships as healthcare organizations seek to expand their market presence.
The number of independent physicians has been on a steady decline — around 108,700 physicians left private practice for employment between 2019 and 2021, according to a report from Avalere.
The recent minimum wage increase in California has presented financial challenges for many ASCs, forcing smaller physician-owned practices to compete with larger hospitals and organizations for staff.
Anesthesia regulations are evolving across many states as shifting practice standards and changing insurance policies face increased scrutiny.