In major metropolitan areas nationwide, non-profit hospitals are shutting down city-based facilities and "spending billions on suburban expansions," reports the Wall Street Journal on the front page of the Oct. 14 edition. The article focuses on the Detroit metro area,…
Uncategorized
Woodrow “Woody” Moore is CEO of Atlantic Surgical Ventures, an Atlantic Health Group company which "re-engineers and troubleshoots" under performing physician-ventured ASCs via interim and ongoing management engagements. The company also develops, becomes an equity partner in and manages healthcare…
Alcon, the world’s largest researcher and developer of eye care products, is suing Synergetics USA, claiming it has infringed Alcon’s patent on an ophthalmic laser surgical device.
Here are brief notes on 18 companies that people in the ASC and hospital industry should know more about.
Current hospital market conditions are very challenging, which is likely to drive significant mergers and acquisitions activity in the sector in the near future, says Sean Sullivan, vice president and principal at Brown Gibbons Lang & Company, a boutique investment…
Advertisement
Product cost and efficiencies of purchasing are equally important as ASCs compete in the every changing healthcare arena, says Larry Lane, partner, InstraMed Technology. The following are four of his top issues for facilities to manage in 2009.
Citing the credit crisis and the resulting difficulty in securing financing, Lincoln Park Hospital is seeking a buyer, reports the Chicago Tribune.
A new social-networking site intended exclusively for the ASC industry has been launched by Roger Manning President of executive search firm, Manning Search Group. The site, My ASC World, was created to give ASC professionals a portal through which to…
Gemino Healthcare Finance has announced it has provided Intra-Op Monitoring Services (IOM) credit facilities totaling $9.5 million. The financing is being used to fund the acquisition of a portion of IOM led by HealthEdge Investment Partners.
CMS has announced it is consolidating its efforts with new program-integrity contractors that will look at billing trends and patterns across Medicare. These contractors will focus on companies and individuals whose billings for Medicare services are higher than the majority…