Even as health systems pour capital into ASCs, Becker’s has reported on four health systems closing ASCs this year, driven by shrinking patient volumes, financial pressures and shifting network strategies. Here are the four health systems closing ASCs: 1. Catholic…
Financial Management
Ogdensburg, N.Y.-based North Star Health Alliance shared plans June 24 to close its North Country Orthopaedic Ambulatory Surgery Center and its North Country Orthopaedic Group, both in Watertown, N.Y., in the next 30 to 90 days. The closures are part…
CMS is proposing a mandatory, nationwide episode-based payment model for joint replacements that would hold most hospitals responsible for Medicare spending tied to a patient’s surgery and recovery. Beginning Oct. 1, 2027, the model — referred to as CJR-X —…
Baltimore-based LifeBridge Health will shutter its Ellicott City (Md.) Ambulatory Surgery Center due to low procedure volumes, a spokesperson for the health system said in a Feb. 10 statement shared with Becker’s. The freestanding ASC’s closure will affect 23 employees…
Global healthcare private equity broke records in 2025, reaching an estimated $191 billion in deal value, and surpassed the previous 2021 peak, according to a new report from Bain & Co. “Healthcare private equity delivered a record performance last year as large…
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Optum is laying off 524 employees across California, according to regulatory documents filed July 18.
More than 30% of female physicians have a net worth of less than $500,000, compared with 21% of male physicians, according to Medscape's 2023 Female Compensation Report.