Here are the average debts and leverage ratios for surgery centers by total annual revenue, according to VMG Health's 2009 Intellimarker.
The Latest
In order to run a truly profitable surgery center, case volume is as important an ingredient as any. The success of any turnaround or de novo project hinges on the ability to attract great surgeons to the ASC. ASCOA assumed…
The Senate Democrats' health reform bill has passed the first of three votes needed for final approval of the legislation, with the final vote expected on Christmas Eve, according to a report by the New York Times.
An extension on the deadline from Feb. 1, 2010, to Aug. 1, 2010, for a proposed ban on physician-owned hospitals was included in "Manager's Amendment" to the Senate health reform bill just before it went to a vote, according to…
Ehigiator O. Akhigbe, MD, of Silver Spring, Md., was convicted on charges he overcharged the Washington, D.C., Medicaid program $133,000 for office visits and surgeries he never performed, according to a report in the Washington Post.
Tom Hejkal, MD, PhD, has been named McGaw Memorial Chairman of the University of Nebraska Medical Center Department of Ophthalmology and Visual Sciences in Omaha, Neb., according to a UNMC news release.
A study in the Archives of Surgery found that morbidity and mortality were elevated among elderly patients undergoing gastrointestinal surgery, emphasizing the need for quality improvement initiatives in this population, according to a report by MedWire News.
Researchers from Duke University Medical Center found that by adding ethyl nitrite gas to the carbon dioxide used to inflate the surgical area during laparoscopy, blood flow and organ function was better preserved during noninvasive surgery, according to a Duke…
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.
The upcoming implementation of ICD-10 has been seen by many as a necessary update of a rapidly outdated system, whereas others feel that the changes are too sweeping to be enacted in only three years, according to a report in…