Despite ASCs growing role in the healthcare landscape, many leaders feel the ASC industry remains widely misunderstood, even among healthcare professionals. To shed light on some of the most persistent misconceptions, Becker’s spoke with five ASC leaders about the outdated…
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The number of physician-owned private practices in the U.S. has declined by nearly 20% since 2012, according to the American Medical Association’s Physician Practice Benchmark Survey. The AMA surveyed 5,000 physicians who have completed residency, provide patient care for at…
Here are nine new ASCs in the works as of May, as reported by Becker’s: 1. Cardiology Consultants of Philadelphia partnered with Philadelphia-based Penn Medicine and other undisclosed parties to open a $10 million cardiology ASC in King of Prussia,…
Here are four hospitals and health systems that plan to lay off employees, as reported by Becker’s: 1. Renton, Wash.-based Valley Medical Center will make service consolidations and other changes to 50% of its workforce over the next two months…
An argument used by the Supreme Court to thwart former President Joe Biden’s climate change and student loan forgiveness policies now threatens President Donald Trump’s proposed tariffs, Bloomberg reported May 31. Here are eight things to know about the legal…
Becker’s has reported on three hospital closures in the last month, and ASCs may feel the ripple effects as displaced patients and providers seek alternative sites of care and hospitals restructure their outpatient strategies. Here are the three hospital closures:…
DFD Russell Medical Center will close its Bridgton, Maine, clinic on Aug. 28 due to financial pressures, Maine Public reported May 30. In a statement to the publication, health system leaders cited several challenges, including the loss of a community…
A physician in Frisco Texas has agreed to pay $3.5 million to resolve claims he violated the knowingly submitting or causing the submission of false claims for evaluation and management services that were not performed, the Justice Department said in…
ASC-hospital joint ventures have become a mainstay as the ASC market matures and hospitals increasingly look to expand their outpatient surgical capacity. Seven ASC leaders and physicians joined Becker’s to discuss the ways that ASCs can secure the most favorable…
The most influential factor for physicians in deciding to sell off private practices to either hospitals or private equity companies in 2024 was the ability to better negotiate higher payment rates with payers, according to the American Medical Association’s Physician…