This article focuses on the pricing by companies that purchase majority interests in ambulatory surgery centers (ASCs). Currently, there are three public companies that buy majority interests in ASCs and eight to ten private companies that fit into this category. …
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Surgical Information Systems has added a new component to its business intelligence tool, SIS Analytics, for anesthesia caregivers, according to a company press release.
In its annual report to Congress, the Medicare Payment Advisory Commission recommends lawmakers increase payments to ASCs in 2011 by 0.6 percent, at the same time requiring ASCs to submit cost and quality data, according to a MedPAC fact sheet.
New Mexico insurers would be required to commit 85 percent of premiums toward actual healthcare services, under provisions of a bill passed by the state legislature, according to a story in New Mexico Business Weekly.
Automatic implementation of a 21.2 percent Medicare physician fee cut on March 1 was a surprise to Senate Democrats who were stymied by a lone Republican senator, according to a report by The Hill.
The Upper Cumberland Physicians Surgery Center grew distributions by 125 percent in 2009. This significant distribution growth was the result of accomplishing several strategic initiatives.
Houston residents Bassey Monday Idiong, Linda Eteimo Ere Kendabie and Modupe Babanumi each have pleaded guilty in connection with their roles in an "arthritis kit" Medicare fraud scheme, according to a U.S. Department of Justice news release.
In a rare showing of bipartisan agreement, the U.S. House voted 406-19 to repeal health plans' exemption from federal antitrust laws, according to a release from House Speaker Nancy Pelosi.
A group from Village Green, a senior living community in Gilroy, Calif., has proposed the construction of 5,300 sq.-foot ambulatory surgery center, along with a skilled-nursing facility, according to a report in The Gilroy Dispatch.
Horizon Blue Cross Blue Shield of New Jersey will implement policy and procedural changes in regard to how services submitted with certain modifiers are reimbursed, effective May 17, according to a report by the American Academy of Professional Coders.