Here are seven updates for ASC leaders to note:
21st Century Cures Act may weaken reporting requirements for industry payments to physicians
Congress is projected to consider the 21st Century Cures Act this week, which aims to promote biomedical research, but may also impose less stringent reporting requirements concerning industry payments to physicians. The 966-page bill features provisions that would lessen various requirements imposed under the 2010 Physician Payments Sunshine Act.
President-elect Donald Trump picks Seema Verma to serve as CMS administrator & Dr. Tom Price to lead HHS
President-elect Donald Trump selected Seema Verma to head CMS as administrator and Rep. Tom Price, MD, (R-Ga.), to lead the HHS. Pending Senate confirmation, Dr. Price will be the second physician to lead HHS, following Louis Sullivan, MD, during the George H. W. Bush administration. An Indiana resident, Ms. Verma played an active role in vice president-elect Mike Pence's ACA Medicaid expansion model, Healthy Indiana Plan 2.0.
Unsealed testimony uncovers more discord between Anthem, Cigna over merger
A recent unsealed testimony revealed Anthem and Cigna are not on the same page over their proposed merger. The transcripts between the two companies showed the two are disagreeing over how the company should operate if the merger came to fruition. The documents show some Anthem executives have started making plans without Cigna's input as Cigna stopped working with them on different issues related to the merger.
Global HAI control market to hit $82.9B by 2020
The global hospital-acquired infection control market is expected to reach $82.89 billion, increasing at an 8.5 percent compound annual growth rate. North America dominates the market, with this region having a total value of $31.32 billion in 2014.
80% of Americans support changing or replacing the ACA
A recent Gallup poll found 43 percent of those polled want the government to keep the law in place, but make major changes and 37 percent support a complete repeal of the ACA. More than half (53 percent) of Americans disapprove of the health law. Forty-two percent of Americans support the ACA.
Manhattan Endoscopy Center receives state approval for permanent licensure
The New York State Public Health and Health Planning Council gave New York City-based Manhattan Endoscopy Center approval for its permanent licensure. Since it opened its doors in 2011, Manhattan Endoscopy Center has participated in a community outreach program, in which it has established referral relationships with various charitable healthcare organizations and federally qualified health centers.
Healthcare predictive analytics market to surge to $19.5B by 2025
A Grand View Research report found the global healthcare predictive analytics market is expected to each $19.5 billion, increasing at a compound annual growth rate of 29.3 percent by 2025. In 2015, North America held a 60 percent share in the market. It dominates the market due to its streamlined healthcare systems, updated regulatory policies and skilled workforce. The Asia-Pacific region is also anticipated to expand throughout the forecasted period.