Here are seven updates:
Former ASC founder Dr. Richard Moss to run for Congress
Richard Moss, MD, an original investor in St. Thomas Surgery Center, plans to run for Congress. Dr. Moss, an otolaryngologist from Jaspar, Ind., will challenge Larry Buchson, MD, for the Republican part nomination. Dr. Moss is running for the 8th Congressional district.
NeuroSpine Institute opens Park City, Utah ASC
The NeuroSpine Institute opened a new ASC in Park City Utah. The first phase of the practice centered on diagnostics, rehabilitative care and sports spine injury management, with the second phase entailing the surgery center's opening. Robert Masson, MD, founder of NeuroSpine Institute, and Ken Yonemura, MD, will perform surgery at the center.
UnitedHealth reports $720M losses on federal health insurance exchange
UnitedHealth Group reported losses on its individual-market health plans reached $720 million in 2015, which is almost $300 million more than estimates UnitedHealth made a few months ago. UnitedHealth said its huge ACA losses were due to sicker-than-average consumers enrolling in its health plans and many people signing up for insurance after the open-enrollment window.
HCA makes up 1.8% of Exchange Capital Management portfolio after 31-share acquisition
Exchanges Capital Management acquired 31 Hospital Corporation of America shares. Presently, Exchange Capital Management owns 63,565 HCA shares, with HCA comprising 1.8 percent of the hedge fund owner’s portfolio.
Physicians Realty Trust reports 2015 Q4 activity
Physicians Realty Trust, based in Milwaukee, closed its fourth quarter medical real estate investments with $152.8 million. The company's total investment activity reached $841 millions for the year, indicating 103 percent growth in gross real estate assets year over year.
Bernie Sanders releases universal health plan
Presidential candidate Bernie Sanders released a healthcare plan that he claims would give Americans "a sense of freedom and peace of mind" through universal coverage. Sen. Sander's plans to create a single-pay healthcare system, which he estimates will cost nearly $1.38 trillion each year. For more on Sen. Sanders' healthcare proposal, click here.
Supreme Court rejects longshot challenge to ACA
The Sissel v. Department of Health and Human Services lawsuit claimed the ACA violated the origination clause of the Constitution, which mandates all revenue-raising bills to start in the House. Earlier this week, the U.S. Supreme Court dismissed the lawsuit and will hear another case later this year about the ACA's contraceptive mandate.
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