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Health Catalyst Capital, a New York-based private equity firm, has acquired a Midwest-based psychiatric medical care practice serving elderly and disabled adults in long-term care facilities and hospitals, according to a July 28 press release. Financial terms were not disclosed.…

ASC leaders have been wrestling with a shared dilemma in recent years as AI-powered technologies and platforms have proliferated healthcare, but are rarely designed for outpatient facilities specifically.   “EHR interoperability between ASC, hospital and physicians office has a long way…

Dallas-based Tenet Healthcare executives said they are still modeling how a proposed federal rule reshaping 340B drug reimbursement and hospital outpatient facility fees could affect the company’s ASCs, according to comments on the company’s July 24 second-quarter earnings call.  What…

Aspirus Health will close its Lake View Silver Bay, Minn., clinic on Dec. 31, consolidating services to its Lake View Two Harbors location, Northern News Now reported July 29.  Health officials cited insufficient staffing and unsustainable patient numbers as the…

One accreditation official points to more than $180,000 in savings potential when discussing energy, waste and anesthetic costs many ASCs treat as fixed overhead.  A team affiliated with Boston-based Harvard Medical School is aiming to change the infrastructure that governs…

Boca Raton, Fla.-based All Star Healthcare Solutions has acquired the locum tenens division of Cross Country Healthcare, combining two of the larger specialty physician staffing platforms in the country, according to a July 28 press release. The deal closed in…

A Yuma, Ariz., physician’s clinic has closed after Ifran Fazil, MD, was arrested and charged with four felonies, including defrauding Arizona’s Medicaid program, money laundering and possessing dangerous drugs, leaving patients scrambling for care and waiting months for medical records,…

The Business Corner is a bimonthly column by Shakeel Ahmed, MD, CEO of St. Louis-based Atlas Surgical Group. Legend has it that Johann Georg Faust, a scholar hungry for more than ordinary life could offer, struck a deal with the…

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