The business concept of selling your ASC building, then renting it from a real estate investment company such as The Sanders Trust, is an interesting one. An excerpt of an interview with Bruce Bright, the director of business development for…
The following highlights another 10 terrific statistics on ASCs from the 2007 Multispecialty ASC Intellimarker. This publication is authored by VMG Health, an outstanding valuation firm with a focus on ASCs. You can e-mail Greg Koonsman and VMG or call…
Nationally and locally, over the past few years, there has been a proliferation of physician owned hospitals and surgery centers. Currently, there are approximately 3,500 surgery centers throughout the country, the large majority of which have some form of physician…
In Januay of 2003, a South Dakita hospital and affiliated oncology group settled cliams that it had violated the Stark Act in exchange for payment of $6.5 million. In the same month, the federal government filed suit against Tenet Healthcare,…
The combination of business challenges compounded with increased legal risk requires the hospital CEO to possess uncommon skill and knowledge. Five current issues which the CEO should be aware of are as follows.
The health care compliance plan has quickly moved from being an optional luxury to a mandatory requirement for helath care providers and health care companies. This is due to a variety of factors including that the government has made high…
For physican owned hospitals in the United States, this is truly the best of times and the worst of times. Here's why . . .
The Center for Medicare and Medicaid Services (“CMS”), on July 2nd, published their thoughts relating to the impending Stark III Rules. In addition to certain specific proposed rules, CMS solicited comments on several areas of concern. These proposed Stark III…
The Center for Medicare and Medicaid Services (“CMS”), on July 2nd, published their thoughts relating to the impending Stark III Rules. In addition to certain specific proposed rules, CMS solicited comments on several areas of concern. These proposed Stark III…
Health care systems often develop medical director arrangements on an ad hoc basis as the relationships between the system and particular specialists evolve. Because these arrangements can differ greatly from specialty to specialty in compensation and responsilbilities, they can raise…