This article focuses on current events and risks in the growing orthopedic and spine devicemaker industry.1 Orthopedic and spine procedures can be very profitable for surgery centers, as confirmed by the increasing number of centers performing these procedures. Reimbursement is…
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Only one-fourth of Medicare beneficiaries receive recommended screenings for colorectal cancer since Medicare initiated coverage for screening colonoscopies, according to an American Cancer Society study printed in the association’s journal CANCER in January. The study looked at a sample group…
By all accounts, GI as a specialty — and especially single-specialty GI ASCs — will be hit the hardest by CMS’s restructuring of the ASC payment system. But despite a 4.3 percent average cut for GI procedures, the situation is…
Physicians and hospitals, it would seem, can complement each other in many ways that would benefit both parties. For example, for physicians, running an ASC is more difficult than ever: Competition is stiff, regulatory and legal issues are more complicated…
After reviewing the data on the safety and efficacy of sugammadex sodium injection, which reverses muscle relaxation induced as part of anesthesia, the FDA's Anesthetic and Life Support Drugs Advisory Committee has unanimously recommended it for approval by the agency.…
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CMS has issued a document covering 44 answers to frequently asked questions about the new ASC payment system.
The mental health parity bill passed by the House of Representatives last week includes a section that would effectively eliminate physician ownership of hospitals. The language of the bill touches on 14 key facets of physician-owned hospitals, which was covered…
In 2008, the OIG plans to review several areas of interest to ASC Review readers:
McGuireWoods has issued a sample list of its 2007 private equity deals.
Yale-New Haven (Conn.) Hospital became yet another hospital to agree to a multi-million dollar fine to settle allegations by CMS that it billed Medicare for inflated charges, the U.S. Attorney's Office, District of Connecticut announced on Friday. The case is…