Healthcare is 17.3% of U.S. GDP, and spending in the sector grew by 4.1% in 2022. But the industry comprises numerous subsectors, leading some to question the long-held concept that healthcare is "recession proof," according to an Oct. 3 viewpoint published in Medpage. 

The Florida Department of Law Enforcement have arrested a physician amid murder, manslaughter and racketeering allegations, following a multiyear investigation involving "an illegal drug ring," the department said in an Oct. 4 release. 

Over the last 10 years, 77% of physicians have shifted away from independent practice and into employed models. 

A physician assistant in Charlotte, N.C., was sentenced to six years in prison for his role in a $10 million genetic testing Medicare fraud scheme. 

A Hamilton County (Ind.) jury awarded a Carmel physician $2.05 million after determining that Indianapolis-based Ascension St. Vincent Medical Group had improperly fired him, Indianapolis Business Journal reported Oct. 7. 

On Sept. 24, the New Orleans-based St. Charles Surgical Hospital and Center for Restorative Breast Surgery was awarded $421 million by a jury in a lawsuit that alleged Blue Cross and Blue Shield of Louisiana failed to fully pay for out-of-network charges. 

AI growth across healthcare is occuring at a rapid clip. In an Oct. 6 article published by Forbes, contributor Randy Bean sat down with leaders at the Cleveland Clinic to discuss its approach and strategies to implementing AI across an organization with 81,000 employees worldwide. 

The American College of Radiology and the FDA have launched a joint effort to make new AI products more readily available within the specialty, Radiology Business reported Oct. 7. 

A car crashed into a medical office building in East Greenwich, R.I., on Oct. 1, according to an report from NBC affiliate WJAR.

Medical office building space in Jacksonville, Fla., is rapidly shrinking in comparison to tenant needs, according to a Sept. 30 report from the Jacksonville Business Journal. 

There are several proactive strategies physicians can take to safeguard from the rise in malpractice suits, Medical Economics reported Oct. 1. 

Here are five payer moves in September for ASCs to know, as reported by Becker's:

Becker's reported on 10 hospital closures in the third financial quarter of this year, and this shift may lead to an increase in volume for ASCs, as patients seek alternatives after losing access to services previously offered at hospitals. 

A physician who ran an addiction treatment practice in Merrillville, Ind., has been sentenced to one year and one day in federal prison after pleading guilty to healthcare fraud. 

Cigna and HCA Houston Healthcare have extended their current contract until Oct. 8 amid ongoing negotiations, the Houston Business Journal reported Oct. 3. 

The number of physicians running independent practices is steadily declining amid a growing gap between reimbursements and the escalating costs of maintaining these practices. 

Two Kansas men have pleaded guilty in a scheme to defraud Medicare. 

Ohio Sen. JD Vance and Minnesota Gov. Tim Walz took the stage Oct. 1 for the only vice presidential debate at the CBS Broadcast Center in New York City. 

About 36% of physician assistants report feeling burnt out in 2024, down 1% from the year prior, according to Medscape's "Finding Renewed Resilience: Physician Assistant Burnout & Depression Report 2024," published Oct. 4. 

The annual cost of retirement can vary by as much as $67,981 annually, depending on what state you live in, according to an Oct. 2 report from CNBC, based on a recent GOBankingRates analysis of all 50 U.S. states.