Terrence Hicks of Jackson, Mich., and Muhammed Al Mahdi and John Saunders, both of Detroit, pleaded guilty for their roles in a $4.2 million Medicare fraud scheme, according to a U.S. Department of Justice news release.
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The upcoming implementation of ICD-10 has been seen by many as a necessary update of a rapidly outdated system, whereas others feel that the changes are too sweeping to be enacted in only three years, according to a report in…
U.S. Sen. Mark Udall (D-Colo.) has introduced an amendment to the Senate's healthcare reform bill that aims to reduce the cost and complexity of medical malpractice lawsuits, according to a report by the Denver Business Journal.
Efforts to reduce healthcare costs are at the top of a new list of the biggest issues for the health industry in 2010 from PricewaterhouseCoopers’ Health Research Institute, according to a release from PricewaterhouseCoopers.
The profitability of ASCs across the country varies greatly, with some posting substantial profits while others suffer substantial losses. Industry reports estimate that roughly half of ASCs are just surviving, so it is more important than ever that ASC leaders…
To Brent Lambert, turning around a moneylosing surgery center is a simple matter. "If staffing costs are 40 percent of revenues, I know we can turn the center around," says Lambert, co-founder of ASCOA. "In money-losing centers, staffing is usually…
Brent Lambert, MD, FACS, suggests the following seven reasons that ASCs fail and offers advice for improvement.
On Feb. 19, Brent Lambert, MD, president of Ambulatory Surgery Centers of America, spoke about financial and business problems facing ASCs and ways to improve them in a teleconference hosted by McGuireWoods.
The healthcare sector is not immune to the weak economy and, as such, some ASCs may be finding themselves increasingly in financial trouble. This was the subject of a McGuireWoods teleconference entitled "10 Keys to Turning Around Financially Troubled Ambulatory…
Limits on COBRA health insurance for the unemployed would be extended from nine to 15 months under legislation passed by the U.S. House, according to the Employment Law Update.