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Leadership

As physician practices and ASCs face rising costs and declining reimbursements, many are forced to shutter — Becker's has reported on five ASC closures so far in 2024. 

Family medicine physician Gustaco Villarreal, MD, will close his practice in Laredo, Texas, on Nov. 1, Laredo Morning Times reported Sept. 20. 

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From site-neutral payment reform to consolidation, four ASC leaders joined Becker's to discuss the market trends shaping the ASC industry. 

OptumCare, based in Basking Ridge, N.J., is set to lay off 160 employees, according to a WARN notice posted on the New Jersey Department of Labor and Workforce Development website. 

Employed physicians have reported higher levels of burnout, anger and anxiety compared to independent physicians, according to a recent Physicians Foundation survey. 

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