Tygris Commercial Finance Group, a commercial finance company, has announced its formation and funding with over $1.75 billion in equity commitments -- the largest initial capital raise ever in the U.S. commercial finance sector. The company was created to support…
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The Joint Commission will provide its organizations with an electronic edition of its standards manual beginning in November 2008, according to Michael Kulczycki, executive director of the Joint Commission?s Ambulatory Care Accreditation Program.
New physician-owned hospitals would be banned under language added to the Senate version of the Supplemental Appropriations Bill. Over the past several months, the House of Representatives has consistently added language to bills that would prohibit physician ownership of hospitals.…
The first ASC in Vermont will open in June after three years of working to obtain a certificate of need (CON), according to the Burlington Free Press.
Cataract Outsourcing, an online, peer-reviewed general medical journal providing information about cataract surgery, has posted a story discussing whether a facility should enter into arrangements such as “per-click” and physician/vendor kickback agreements.
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Medtronic has announced that it is initiating a voluntary recall of selected disposable products used during cardiopulmonary bypass which feature the Carmeda BioActive surface, according to Medtronic and the FDA.
To meet the needs of procedural ambulatory facilities posed by increasing safety standards and state regulatory initiatives nationwide, AAAASF has developed a set of accreditation standards specific to procedural, non-surgical facilities. They are intended for ambulatory facilities performing procedures under…
ASCs are valuable, and the services they provide appreciated by those familiar with them ? the problem is, not enough politicos are in the know, and it's hurting the industry, said Utah state Sen. Allen Christensen (R) in addressing the…
At the first ASC Association meeting in San Antonio, Amkai has announced the launch of AmkaiOffice 2.0, an updated release of the company?s management software system designed for the outpatient surgery market.
Baptist Health South Florida Inc., a healthcare system headquartered in Miami, has agreed to pay the United States $7,775,000 to settle claims that it violated the False Claims Act and the Stark Statute between 2003 and 2005, by paying excessive…