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Martinsville, Va.-based physician Joel Smithers, MD, who in 2019 was convicted of prescribing more than 500,000 opioid doses in less than two years, had that conviction and his 40-year prison sentence thrown out, Reuters reported Feb. 2. 

Forty-six percent of physicians participate in the fee-for-service payment model, according to Medscape's "Physician Compensation Report 2023."

The highest paid cardiologist in Nashville, Tenn., earns $819,800, according to Medscape's salary reporter tool, which is much higher than the mean annual wage of $421,330 cardiologists make according to the Bureau of Labor Statistics.

Despite its growing popularity, only 14% of physicians participate in the value-based payment model, according to Medscape's "Physician Compensation Report 2023."

Seemingly endless supply disruptions, rising costs of supplies and labor and decreasing reimbursements are just some of the challenges ASCs have to contend with in 2024.

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