Seven hospitals and health systems have announced plans to lay off employees in the last 20 days amid financial issues and payer contract obstacles.
Leadership
Physicians are continuing to migrate to employed models as practice costs rise.
As practice costs rise, many physician leaders are concerned about cuts in CMS reimbursements.
Nevada and California pay physician assistants the highest hourly wage, according to data from the Bureau of Labor Statistics.
Former employees of Optum, parent company of ASC chain SCA Health, have reported on social media that the company is conducting layoffs.
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A Sylvan Lake, Mich., physician will face charges in a state circuit court of committing a disability fraud scheme.
Saum Sutaria, MD, CEO of Tenet Healthcare, is the highest-paid executive at the company.
Nashville-based HCA healthcare and Dallas-based Tenet Healthcare are parent companies of two of the largest ASC chains in the country.
As physicians migrate to employed models, many are concerned that private practice physicians are losing their power.
Dallas-based Tenet, parent company of ASC giant United Surgical Partners International, paid their CEO Saum Sutaria 305 times more than the company's median employee in 2023.