When hospitals purchase ASCs from physician-owners and convert them into hospital outpatient departments, they may also set up co-management arrangements with former physician-owners. "The co-management vehicle allows for the development, management, efficiency and quality improvement of the HOPD by rewarding…
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B. Braun Medical has announced its production facility in taken an important step: its Crissier, Switzerland, has received FDA approval, which will allow the company to export its active ingredient HES 450 to the United States.
Solos Endoscopy has announced the completion of a capital restructuring initiative, part of a previously announced recapitalization plan expected to help grow the company over the next 12 months, according to a company news release.
Western Carolina Endoscopy Center of Franklin, N.C., has achieved a three-year accreditation by the Accreditation Association for Ambulatory Health Care, according to a report from The Macon County News.
Joseph Adrian Jeevendra Martyn, MD, FRCA, FCCM, has received the American Society of Anesthesiologists' 2010 Excellence in Research Award, according to a report in Anesthesiology, the journal of the ASA.
Carlisle (Pa.) Regional Medical Center has opened a new ENT surgical and medical care center in Carlisle, according to a report on PennLive, website of The Patriot-News.
Hartford Healthcare in Connecticut is close to acquiring Constitution Eye Surgery Center in Newington, Conn., in a $28 million transaction, according to a report from the Hartford Business Journal.
Here is a list of statistics on the U.S. GI and endoscopic device market from Millennium Resource Group's report, US Markets for Gastrointestinal Endoscopy Devices 2010.
It is clear that ASC billing is becoming more complex every day, even without the impending effects of healthcare reform. At best, reimbursement trends are flat and probably headed down, with most private-payor negotiations resulting in lower rates and pressures…