For most surgery centers, you have to get a loan of $2 million for the building (if built from ground up) and $1 million for equipment for a 7,000-square-foot structure, says Pedro Vergne-Marini, MD, managing member of Physicians Capital Investments.…
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Approximately 20 percent of surgery centers are currently in a relationship with a hospital, and the number is only expected to grow as ASCs seek higher reimbursement, capital for expansion and support for implementing changes through healthcare reform. Physician-owners should…
A physician who owned two medical offices in the Miami area has pleaded guilty for his role in a $25 million home health Medicare fraud scheme, according to a news release from the Department of Justice. Jose Nunez, MD, pleaded…
The owners and operators of OM Best Help Corporation, a Miami-area medical equipment company, have been sentenced to prison for their involvement in a durable medical equipment fraud scheme, according to a news release from the Department of Justice. Obel…
Eleven cities in Texas have agreed to pay a total of approximately $1.7 million to settle allegations of Medicaid fraud, according to a Bloomberg Businessweek report. The cities are: Plano, Frisco, Richardson, Mesquite, Celina, DeSoto, Corpus Christi, Cedar Hill, Rowlett,…
CMS has accepted a corrective action plan by Dallas' Parkland Memorial Hospital after an inspection uncovered several infection control and other violations, according to a Republic report.
Becker's Hospital Review hosted its Hospital Strategy Roundtable this summer at the Four Seasons Hotel in Chicago, bringing together seven hospital industry leaders from across the country to discuss current challenges and opportunities facing the industry, how hospital strategy will…
AmSurg Corp. has announced it and National Surgical Care have signed a revised agreement under which AmSurg will acquire NSC for $135 million in cash, down from the $173.5 million in cash amount announced in April, according to a Wall…
The Surgery Center of Silverdale (Wash.) is set to expand, according to a news release from Tim Ryan Construction, which was awarded the construction contract for the expansion.
BD Emerald Syringe from Becton, Dickinson and Company. The BD Emerald Syringe is designed with less material for a smaller impact on the environment. Clinicians from around the world had input on the product design. The syringes use the least…