Medtronic will purchase Restore Medical under an agreement in which Medtronic will pay $1.60 per share in cash for each share of Restore Medical stock. Restore Medical makes the Pillar Palatal Implant System, an innovative, minimally invasive, implantable device used…
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The Orlando Sentinel reports on a study that indicates the ratio of general surgeons to patients has declined nearly 26 percent since 1981 as the number of general surgeons older than 50, and closer to retirement, has risen.
In the latest attack on physician-owned specialty hospitals, opponents of the surgical facilities have sneaked provisions into the farm bill after versions of the legislation had been approved by both the House and Senate.
In an op-ed in the Argus Leader (Sioux Falls, S.D.), R. Blake Curd, MD, a clinical assistant professor with the University of South Dakota School of Medicine and director of Physician Hospitals of America, hits out at a proposed joint-ventured…
CMS has issued updated payment rates for selected separately payable drugs and biologicals and provided rates and descriptors for newly created Level II HCPCS codes for drugs and biologicals in its first quarterly update to the ASC payment system.
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The Colorado Ambulatory Surgery Center Association (CASCA) released the results of the nation's first Quality Research Initiative stat survey of ASC activities, including procedures performed, nurse to patient ratios, infection rates and patient satisfaction.
Q: What are the major challenges ASCs are facing with regard to employing anesthesiologists?
Anesthetix Management, a provider of hospital-based anesthesiology and pain management services to hospitals and ambulatory surgery centers, has accepted a minority equity investment from Summit Partners, a private equity and venture capital firm experienced in growing healthcare companies.
A New Orleans Hospital, Touro Infirmary, will pay $1.75 million to settle allegations that it submitted false Medicare claims, according to the Department of Justice (DOJ).
New requirements of initial self-disclosure of Medicare or Medicaid fraud have been issued by the Department of Health and Human Services Inspector General Daniel Levinson in an open letter. The fuller disclosure to the Office of Inspector General will be…