Today's Top 20 Stories
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A new direction for physician ownership
Consolidation is on the rise in healthcare, leading to questions about what the future of physician-owned practices might look like. -
Atlantic Health System inks joint venture with physician group
Atlantic Health System in Morristown, N.J, plans to form a joint venture with Richmond, Va.-based Premier Health Associates, a primary and specialty care group with 15 physician offices and one ASC across Pennsylvania and New Jersey, a July 15 news release reports. -
Biggest players in the ASC software market
The ASC software market is expected to grow at a 10.1% compound annual growth rate through 2031, a July 15 LinkedIn report summary from ReliableMarketSize.com said.
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Essentia boosts GI coverage with new hire
Duluth, Minn.-based Essentia Health, which covers North Dakota, Minnesota and Wisconsin, has hired gastroenterologist Kevin Karls, MD, at its Essentia Health-Mid Dakota Bismark (N.D) 9th Street Clinic. -
5 things to know about the 5 biggest ASC chains
The ASC market continues to grow quickly as more procedures migrate to the outpatient setting. Here’s five recent moves from the five biggest players in the industry: -
Best hospitals for ENT: US News
UCLA Medical Center is the best hospital for otolaryngology, according to US News & World Report's "Best Hospitals for Ear, Nose & Throat" list for 2024-25. -
The 13 best healthcare companies to work for in 2024, per Fortune
Thirteen major healthcare companies landed on Fortune's list of the top 100 places to work in 2024.
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7 new GI Alliance ASCs in 2024
Gastroenterology group management company GI Alliance is holding its position as the largest network of GI providers in the U.S., with over 300 practices in its network and more than 900 affiliated providers in 2024. -
CMS proposes extension of 'virtual direct supervision'
CMS has proposed an extension of its current virtual direct supervision rule through December 31, 2025, and to permanently allow virtual direction supervision for a subset of services. -
Wisconsin health system opens direct-pay ASC, bypasses need for payers
Manitowoc, Wis.-based Renovo Health opened the door to a new direct-pay ASC that aims to cut out the need for payers, WeAreGreenBay.com, the website for WFRV Local 5, reported July 16. -
GI orgs slam CMS' 'unsustainable' proposal to cut physician pay
Two major gastroenterology organizations have criticized CMS' proposal to cut physician pay 2.8% in its physician fee schedule for 2025.
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1 year since American Physician Partners closed: What's happened since
In July 2023, medical staffing company American Physician Partners announced that it would close and transition its hospital contracts. -
FTC investigating DaVita, Fresenius Medical Care's noncompetes
The Federal Trade Commission is investigating DaVita and Fresenius Medical Care, two of the country's largest dialysis providers, over allegations their noncompete clauses illegally stifle smaller competitors, Politico reported July 13. -
CMS floats CRC screening policy update
Along with a 2.8% physician pay cut, CMS is floating several changes to colorectal cancer screening policy in its proposed payment system for 2025, according to a July 12 news release from the American Society for Gastrointestinal Endoscopy. -
The factor that could make or break ASC success
Operating independently is becoming increasingly difficult, and many leaders feel that having strong leadership and management is the key to maintaining viability. -
7 kickback lawsuits in 1 month
Here are seven lawsuits involving kickback allegations from the last month, as reported by Becker's. -
Children’s Mercy Kansas City acquires cardiology unit
Children’s Mercy Kansas City (Mo.), as a part of its pediatric partnership with Mercy Springfield Communities, acquired Pediatrix Cardiology of Springfield (Mo.), reported Springfield Daily Citizen July 11. -
What 3 ASC leaders are saying about consolidation
Consolidation continues to shake up healthcare, increasingly endangering the fiscal stability of independent practices. -
Best hospitals for ophthalmology: US News
Miami-based Bascom Palmer Eye Institute-University of Miami Hospital and Clinics was ranked as the No. 1 hospital for ophthalmology by U.S. News & World Report. -
5 things to know about private equity in healthcare
As the healthcare market becomes increasingly competitive, whether due to staffing competition, rising labor and supply costs or economic pressures, many practices are partnering with larger entities, including private equity firms.
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