Surgical Care Affiliates files for IPO.
Surgical Care Affiliates filed for an initial public offering of up to $100 million in stock. According to its filing, the company intends to use the proceeds of the offering toward redeeming all $150 million in 10 percent senior subordinated notes due July 15, 2017. Remaining proceeds would go to corporate purposes.
Gov. Dannel Malloy signs bill supporting investment in ambulatory care facility at Connecticut Health Center.
Governor Dannel P. Malloy has signed a bill that created a $200 million bioscience fund. This fund has helped finance the construction of the new $203 million ambulatory care facility on the University of Connecticut Health Center campus in Farmington.
New ENT surgeon joins Hudson Valley Ambulatory Surgery.
Board-certified otolaryngologist Richard DeMaio, MD, has joined the physician team of Hudson Valley Ambulatory surgery in Middletown, N.Y. Dr. DeMaio practices with ENT Allergy Associates in Fishkill and Windsor, N.Y.
Moses Cone Surgery Center celebrates 25th anniversary.
Moses Cone Surgery Center in Greensboro, N.C., recently celebrated its 25th anniversary. The surgery center, part of the Cone Health network, frequently participates in community service.
Aetna settles out-of-network physician suit with $120M payment.
Aetna has agreed to pay $120 million to settle a suit filed in 2009 by plaintiffs including the American Medical Association and 10 statewide medical societies. The suit accused the insurer of underpayment to physicians for out-of-network services.
Study finds health exchange premiums lower than expected.
A recent study from the Kaiser Family Foundation has examined premium rates released by the District of Columbia and 17 states. Fifteen of the 18 rating areas have premiums lower than the latest projections from the Congressional Budget Office.
Researchers find large gap between inpatient and outpatient charges within the same market.
A recent study from the Center for Studying Health System Change has found that the gap between the highest- and lowest-priced hospitals in the 13 metro areas studied for inpatient care was 60 percent and 100 percent for outpatient care. The findings highlight hospitals with strong market power are able to demand high prices.
More Articles on ASC Issues:
Ambulatory Surgery Center Expansion in Uncertain Times: Q&A With Dotty Bollinger
7 Ways for Surgery Center Leaders to Become Industry Advocates
From Intake to Discharge: 4 Tips to Perfect Patient Flow at Surgery Centers
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