Quality, simplicity, ease of use and the long-term efficacy of orthopedic implants and devices are of the utmost importance when choosing what your facility will purchase.
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1. When is the right time to sell equity in your center, and how will a potential increase in the capital gains tax impact these transactions?
Now that five orthopedic device manufacturers have disclosed their financial relationships with physicians, the OIG says it will be using this information to "determine whether some doctors could be liable in accepting illegal payments from those manufacturers," according to a…
The New Jersey Board of Medical Examiners, on the heels of an interesting case related to the Codey Act (the details of which you can view here), has issued an emergency amendment on physician-ownership. The amendment will require all qualifying…
Orthopedic and cardiovascular medical device manufacturers are increasingly subject to a great deal of federal scrutiny.
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Changes in the Imaging and Medical Device Industry. The Wall Street Journal recently noted that each of Phillips, Siemens and General Electric is reporting reduced sales on items such as CT and MRI machines. This slowdown is due in part…
A recent Federal Appellate Court Ruling from the 5th District regarding a dispute between Blue Cross and some hospitals in Louisiana sets a positive precedent for out-of-network providers and payments. The case started when two hospitals -- who had terminated…
An independent report on Pennsylvania's ASCs has turned up some interesting statistics. The report, entitled Financial Analysis 2006, Volume Two, reported a total of 205 licensed ASC facilities in the state with 28 facilities having opened between June 2006 and…
1. There are now nearly 200 hospitals in the country with physician-ownership of one kind or another.
A year-and-a-half ago, the South Sound Surgery Center in Olympia, Wash., transitioned from a hospital-based outpatient surgery department to an independent ASC facility. General surgery made up about 30 percent of the multi-specialty center's procedures, so when a local bariatric…