Oftentimes, an ASC project is essentially two deals happening at once: that of the ASC operating business and the underlying real estate. That overlap can complicate timelines, financing and compliance, according to a March 5 article from law firm McDonald…
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Health system consolidation continues to accelerate, with six hospital and healthcare deals announced in just 10 days spanning hospital sales, mergers, acquisitions and a major private equity buyout. Transactions involving Community Health Systems, Baptist Memorial Health Care, Altru, Tenet Healthcare,…
Medical equipment company Waukesha, Wis.-based Kinex Medical Company agreed to pay $6.9 million to resolve allegations it submitted false claims to Medicare, TriCare and other federal healthcare programs, according to a March 5 news release from the Justice Department. The…
Blue Cross Blue Shield Michigan has clarified their policy surrounding a modifier applied to certain outpatient surgical codes. In February, BCBS Michigan released a new reimbursement policy surrounding modifier 25. In the initial announcement, BCBS stated that beginning May 1,…
Winston-Salem, N.C.-based Novant Health announced plans to open four new clinics in Summerville, S.C. According to a March 5 news release the clinics are scheduled to open in March in newly developed commercial space. Team members held a ribbon-cutting ceremony…
Tupelo-based North Mississippi Medical Center has become the first hospital in Mississippi to treat tricuspid regurgitation using Abbott’s TriClip G5 system, a minimally invasive device designed for patients who are not candidates for open-heart surgery. The procedure was performed Feb.…
Tacoma, Wash.-based MultiCare Health System has invested more than $15 million in cardiology services across the region through its Pulse Heart Institute, according to a March 6 Thurston Talk report. Completed projects include a $5 million hybrid OR and an…
Philips has received FDA 510(k) clearance for SmartHeart, an AI-powered planning tool that automates one of the most complex MRI exams: cardiac MR. The system generates 14 standard and advanced cardiac views in under 30 seconds and is intended to…
Lawmakers in Michigan recently heard testimony on a bill that would establish licensure for anesthesiologist assistants in the state. According to a March 5 news release by the Michigan State Medical Society, the bill was introduced by Representative David Prestin,…
The Birmingham (Ala.) Veterans Affairs Health Care System held a ribbon cutting Feb. 27 for Huntsville (Ala.) South VA Specialty Care Clinic and the Veterans Transportation Program expansion in Huntsville. The new 7,000-square-foot specialty care clinic expands access to services…