A physician in Slidell, La., has been charged in connection with an alleged $6.6 million fraud scheme. Between February and September 2019, Robert Tassin, MD, allegedly signed physician orders for genetic cancer screening tests through purported telemedicine companies for Medicare…
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The anesthesia crisis is hurting healthcare providers throughout the country, as the provider shortage exacerbates and reimbursements continue to sink. Nearly 30% of anesthesiologists are predicted to leave the practice by 2033 — leading to an anticipated shortage of 12,500…
As independent physician practices face mounting financial and administrative pressures, AI-driven solutions are emerging as a powerful tool to level the playing field. Jeremy Shiner, founder and CEO of Myriad Systems, a technology and software company that provides AI-driven practice…
Traveling cardiologist Aman Patel, MD, was arrested on multiple rape and sex offense charges, according to a March 11 report from ABC affiliate WMDT. An employee who was working at University of Maryland Shore Medical Center in Easton, Md., alleges…
As reimbursement rates continue to decline, physicians across specialties are facing significant financial and operational challenges that directly impact patient care. These issues could get worse — a funding bill passed by the House of Representatives in a 217-213 vote,…
A medical office building in Wauwatosa, Wis., has sold for $52.5 million, according to a March 12 report from the Milwaukee Business Journal. The three-story, 100,977-square-foot facility is fully occupied by the Medical College of Wisconsin. The building was purchased…
Specialty pharmaceutical company PharmaTher Holdings’ drug application for Ketamine has received a June 4 approval goal date, advancing approval of the drug in the U.S. PharmaTher said it is “hyper-focused” on the commercialization of Ketamine, according to a March 11…
As practice costs soar and more physicians transition to employed models, financial stability and physician autonomy often seem at odds. Pradnya Mitroo, MD, president of Fresno (Calif.) Digestive Health, joined Becker’s to discuss how she feels the future of independent…
Physician staffing firm NES Health filed for Chapter 7 bankruptcy on Feb. 21, according to court documents obtained by Becker’s. NES announced plans to cease operations in November, citing financial challenges. Reports indicate that the company’s financial struggles left emergency…
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…