June 2023 Issue of Becker's ASC Review

June 2023 Issue of Becker's ASC Review

ON THE COVER

ASC chains by number of surgery centers
Dallas-based United Surgical Partners International is the largest ASC chain by both number of surgery centers and number of physician

3 ASC deals shaping the industry
The ASC industry is slowly consolidating, and three deals in the last five years point to the different ways ASC chains are growing.

Tenet's highest-paid execs
The executive team of Tenet Healthcare, parent company of ASC chain United Surgical Partners International, took major pay cuts from 2021 to 2022, according to a proxy statement the Dallas-based company filed April 14.

How long has USPI been on top?
United Surgical Partners International is an ASC powerhouse. With more than 442 ASCs and 24 surgical hospitals across 35 states, it is the largest network in the country.

How private GI practice could change in 10 years
Private practice is changing across specialties, and gastroenterology is no different.

What ASCs need most right now, per 6 leaders
Six healthcare professionals joined Becker's to share what the ASC industry needs most, from training and retaining staff to technological upgrades and other necessities.

The pros and cons of consolidation
Michael Davis, MD, surgical director and chief of urology at the University of New Mexico Health Sciences Center in Albuquerque, joined Becker's to evaluate the benefits — and downsides — of the growing trend of consolidation in healthcare.

Why aren't there more cardiovascular ASCs?
Cardiology has been recognized as a prime growth specialty for ASCs, so why aren't there more cardiovascular-focused surgery centers?

ASC Management

SCA Health's shifting growth strategy
SCA Health seems to be taking a different approach to growth than other ASC chains in 2023.

The pros and cons of consolidation
Michael Davis, MD, surgical director and chief of urology at the University of New Mexico Health Sciences Center in Albuquerque, joined Becker's to evaluate the benefits — and downsides — of the growing trend of consolidation in healthcare.

Will independent ASCs go extinct?
ASCs around the country are facing reimbursements that are not keeping up with the rising cost of living, leading to a declining number of truly independent, physician-owned ASCs.

10 highest-paying healthcare jobs
The median annual wage for healthcare practitioners and technical occupations, including registered nurses, physicians and dental hygienists, is $75,040, while the median for all occupations is $45,760, according to the most recent Bureau of Labor Statistics occupational employment statistics survey.

ASC chains by number of surgery centers
Dallas-based United Surgical Partners International is the largest ASC chain by both number of surgery centers and number of physicians.

THOUGHT LEADERSHIP

'We're going to fight like hell': Colorado West CEO on adapting as an independent hospital
To some healthcare leaders, the idea of physical therapists staffing a hospital kitchen may seem like a step backward. However, this is just one change Chris Thomas, CEO of Colorado West Healthcare System in Grand Junction, made that paid off during his more than 10-year tenure as CEO of one of the state's last independent hospital systems.

Payers still pushing procedures to the ASC setting -- here's why
Cost savings and convenience are pushing procedures to the ASC setting, according to five leaders who spoke with Becker's ASC Review.

 Why aren't there more cardiovascular ASCs?
Cardiology has been recognized as a prime growth specialty for ASCs, so why aren't there more cardiovascular-focused surgery centers?

What ASCs need most right now, per 6 leaders
Six healthcare professionals joined Becker's to share what the ASC industry needs most, from training and retaining staff to technological upgrades and other necessities.

ORTHOPEDICS

Who is the best spine surgeon in the US? ChatGPT answers
ChatGPT, an artificial intelligence chatbot from OpenAI, has become popular for its practical and entertaining applications.

Dr. Martin O'Malley operates on Tiger Woods
Professional Golfer Tiger Woods had ankle surgery on April 19, according to a statement posted on Twitter.

Spine surgeon performs spinal fusion on 95-year-old patient
Vijay Yanamadala, MD, of Hartford (Conn.) HealthCare spoke with Becker's about a recent spine case he performed on an older patient.

Robotics, endoscopy and more: Spine innovations expected to soar by 2025
As new spine innovations continue to grow, six surgeons told Becker's what they think will gain the fastest adoption in the coming years.

Dr. Thomas Zdeblick joins Orthopedic & Spine Centers of Wisconsin
Thomas Zdeblick, MD, is joining Orthopedic & Spine Centers of Wisconsin in Madison, the practice said April 18.

GASTROENTROLOGY

How private GI practice could change in 10 years
Private practice is changing across specialties, and gastroenterology is no different.

Where gastroenterology falls on the list of highest-earning specialties
The average salary for gastroenterologists is $501,000, according to Medscape's "Physician Compensation Report" for 2023.

One GI partners with Gastroenterology Associates of Tidewater
Management services organization One GI has partnered with Gastroenterology Associates of Tidewater in Chesapeake, Va., furthering its reach in the state.

Digital health company adds two GI specialists to medical advisory board
Digital digestive healthcare company Vivante has added two gastroenterology specialists to its medical advisory board.

GI Alliance partners with St. Louis practice
Gastroenterology management organization GI Alliance has partnered with St. Louis-based Specialists in Gastroenterology.

TRANSACTIONS

HCA doubles down on outpatient growth: 4 notes
Nashville, Tenn.-based HCA Healthcare continues to double down on developing outpatient facilities and increasing outpatient procedure migration, according to an April 21 first-quarter earnings call transcribed by Seeking Alpha. 

Orlando Health buys $7.38M medical office building
Orlando (Fla.) Health has purchased another medical office building near its main campus for $7.38 million, according to a May 8 report from local news station WFTV and the Orlando Business Journal.

How long has USPI been on top?
United Surgical Partners International is an ASC powerhouse. With more than 442 ASCs and 24 surgical hospitals across 35 states, it is the largest network in the country.

Capitol Pain Institute expands Midwestern ASC network through new acquisition
Nashville, Tenn.-based Capitol Pain Institute is entering the Minneapolis/St. Paul, Minn., metropolitan market through the acquisition of Edina, Minn.-based Nura Pain Clinics. 

3 ASC deals shaping the industry
The ASC industry is slowly consolidating, and three deals in the last five years point to the different ways ASC chains are growing.

HEALTHCARE NEWS

Kaiser Permanente acquiring Geisinger to launch Risant Health
Oakland, Calif.-based Kaiser Permanente has agreed to acquire Geisinger Health in a deal that will make the Danville, Pa.-based health system the first to join Risant Health, a new nonprofit organization created by the Kaiser Foundation Hospitals.

HHS to drop COVID-19 vaccine rule for hospitals
The Biden administration will end COVID-19 vaccine requirements for employees of CMS-certified healthcare facilities.

St. Luke Hospital CEO resigns
The CEO of St. Luke Hospital and Living Center in Marion, Kan., resigned during a May 2 board meeting, a hospital official confirmed to Becker's.

Where are the 20 Leapfrog straight-'A' hospitals?
Twenty U.S. hospitals have received consecutive "A" safety grades from The Leapfrog Group since 2012, according to the group's spring safety grades released May 3.

2 hospitals fined for price transparency violations
CMS has issued fines to two hospitals for alleged price transparency violations.

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