June 2017 Issue of Becker's ASC Review

June 2017 Issue of Becker's ASC Review

June 2017 ASC Cover

On the Cover

The Next 5 Years for Spine Surgery in ASCs: Key Thoughts From Dr. Frank Phillips
Frank Phillips, MD, co-founder of the Minimally Invasive Spine Institute at Midwest Orthopaedics at Rush in Chicago discusses the future of spine in ASCs and where the biggest opportunities for outpatient spine will be in the next five years. Click here to continue.

13 New ASCs Opened or Announced
Here are 13 ASCs that were announced or opened in the past month, beginning with the most recent. Click here to continue.

Surgery Partners Pays $760M for National Surgical Health
Nashville, Tenn.-based Surgery Partners acquired surgical facilities owner and operator National Surgical Healthcare from Irving Place Capital. Click here to continue.


Executive Briefings in this Issue

7 Ways gMed’s Endoscopy Report Writer Improves Efficiency and Patient Care

Magic in the Culture: The Glue That Binds
No two surgery centers are the same despite similarities in design and systems. Click here to Continue.

3 New and Smart Technologies to Look for in a Surgical Video System


ASC Management

Colorado ASC Involved in $14.9M Lawsuit Over Paralyzed Patient
A judge ruled against The Surgery Center at Lone Tree (Colo.) in a $14.9 million verdict after a patient received an injection that allegedly paralyzed her from the waist down, according to Denver Business Journal. Click here to continue.

24 Statistics on ASC Company Management Fees
Here are 24 statistics on ASC management company fees from the HealthCare Appraisers 2017 ASC Valuation Survey. Click here to continue.

10 Highest, Lowest Earning US Regions for Physicians
Provider compensation varies widely by U.S. region, with physicians in North Dakota raking in the highest average compensation, according to "Medscape Physician Compensation Report 2017." Click here to continue.

Bundled Payments in Spine: Key Thoughts from Dr. Stephen Hochschuler
Stephen Hochschuler, MD, co-founder of Texas Back Institute in Plano, discusses bundled payments for global episodes of care and how the spine field is adapting to value-based payments. Click here to continue.

8 Things to Know About Anesthesiologist Compensation in 2017
Here are eight things to know about anesthesiologist compensation this year, based on the Medscape Anesthesiologist Compensation Report 2017. Click here to continue.

Leading 10 Ambulatory EHR Vendors by Physician Practice Implementation
Just a small handful of EHR vendors dominate the market share for physician practices. For example, one vendor holds more than 11 percent of the physician practice market share. Click here to continue.

11 Statistics on ASC Operating Expenses
Here are 11 statistics on the percentage of revenue at in-network ASCs attributable to three operating expenses categories, according to data from the HealthCare Appraisers 2017 ASC Valuation Survey. Click here to continue.


Joint Ventures

Hospital for Special Surgery to Open HSS ASC of Manhattan in June: 5 Things to Know
Hospital for Special Surgery plans to open the HSS ASC of Manhattan in June. Click here to continue.

Rush University Medical Center to Break Ground on $65M Building With ASC: 5 Points
Chicago-based Rush University Medical Center broke ground on its new outpatient medical building in Oak Brook, Ill., according to Daily Herald. Click here to continue.

SurgCenter Development Pushes Proposal for $4.5M ASC in Michigan — 5 Highlights
Pismo Beach, Calif.-based SurgCenter Development is aiming to increase its ASC presence with a new surgery center in Zeeland, Mich., according to MiBiz. Click here to continue.

13 Hospitals, Health Systems Opening or Planning ASCs
Here are 13 hospitals and health systems that have opened or announced plans for ASCs from the beginning to the end of the month. Click here to continue.


Orthopedics

Why Rothman Institute Partnered with Northwell Health, and Where They Will Expand in the Future
Last week, Philadelphia-based Rothman Institute announced a strategic affiliation with New Hyde Park, N.Y.-based Northwell Health, which will expand their geographic footprint. Click here to continue.

5 Key Points on Orthopedic Physician Assistant Raises
The Journal of Bone and Joint Surgery's Journal of Orthopaedics for Physician Assistants released an executive study on physician assistant salary. Click here to continue.


Gastroenterology

10 Facts on Gastroenterologist Compensation, Benefits and Regional Salary Breakdown
Medscape released "Gastroenterologist Physician Compensation Report 2017." Click here to continue.

Gastro Health Acquires Gastroenterology Consultants: 4 Key Notes
Miami-based Gastro Health is acquiring Hollywood, Fla.-based Gastroenterology Consultants, PA. Click here to continue.

CMS Adds Cologuard to Medicare Advantage Star Ratings Program: 4 Key Notes
CMS included Madison, Wis.-based Exact Sciences' Cologuard in its Medicare Advantage Star Ratings program. Click here to continue.


Coding and Billing

The 5 Largest Payers in the United States
HealthPayerIntelligence compiled a list of the five largest payers based on 2016 net revenue in the United States. Click here to continue.


Healthcare News

CEO Pay at the 20 Largest Healthcare Companies by Revenue
Many of the highest earners among organizations in the Standard & Poor's 500 index are healthcare sector CEOs, according to a report from Equilar, a provider of executive, board and governance data solutions. Click here to continue.

What Kaiser Permanente CEO Bernard Tyson Learned as a Patient in His Own Hospital
When Bernard Tyson, chairman and CEO of Oakland, Calif.-based Kaiser Permanente, knew something didn't feel right, he called his cardiologist immediately and went straight to the emergency room. Click here to continue.

11 Health Systems with Strong Finances
Here are 11 health systems with strong operational metrics and solid financial positions according to recent reports from Fitch Ratings, Moody's Investors Service and S&P Global Ratings. Click here to continue.

Hospital Industry’s Highest-Paid CEO Made More Than $51M in 2016
King of Prussia, Pa.-based Universal Health Services Chairman and CEO Alan Miller made more than $51.3 million last year, according to the company's annual proxy filing with the Securities and Exchange Commission. Click here to continue.


Quality and Accreditation

8 Things to Know About Nurse Bullying
The nursing profession has consistently ranked No. 1 in Gallup's annual poll of Honesty and Ethical Standards in Professions for the past 15 years — which makes the rampant bullying and hazing that persists among nurses that much more surprising. Click here to continue.

The Joint Commission Names Top 10 Most Challenging Standards
The Joint Commission named its top 10 most challenging standards in 2016 for ASCs and the number of ASCs facing these challenges. Click here to continue.

5 Points on Improving Physician Compliance to Hand Hygiene Practices
Healthcare organizations that employ a peer pressure approach to hand hygiene can increase physicians' compliance. Click here to continue.

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