Here are seven news updates for ambulatory surgery center leaders to know for June 8, 2015.
Children's Hospital in LA opens outpatient center in Encino
Children's Hospital Los Angeles opened its new outpatient care center on June 2, 2015 with Robert Adler, MD, as chief medical officer. The outpatient center consists of seven exam rooms in its 3,000 square foot center. Richard D. Cordova, FACHE, president and CEO of Children's Hospital Los Angeles, believes that the center will serve as a vital investment in the center's ability to help families in the San Fernando Valley.
GOP open to extending PPACA subsidies
Working groups in the Senate and the House are devising plans to extend Patient Protection Affordable Care Act subsidies if the Supreme Court rules subsidies are unconstitutional in the King v. Burwell. House conservatives have hinted they will support a temporary extension of PPACA subsidies. Read the full report on Becker's ASC Review
FAIR Health launches ASC benchmarks tool
FAIR Health, an independent non-profit company, has launched its FH Ambulatory Surgery Center Benchmarks module. The new module was developed with more than 5 million claims for services performed in ASCs. It also includes more than 2,500 procedure codes.
MFC to sell Dakota Plains Surgical Center
Medical Facilities Corporation has plans to sell Dakota Plains Surgical Center in Aberdeen, S.D. MFC owns a 65 percent stake in the surgical center and will sell its stake to Avera St. Luke's Hospital in Aberdeen. The transaction is expected to close in the second quarter of this year.
Ambulatory Surgery Center of Paducah set to expand
Ambulatory Surgery Center of Paducah (Ky.) is expected to add three operating rooms to the associated Pain Management Center, which is moving to a new 30,000-square-foot building. The ASC will move into the Pain Management Center's former office at 2831 Lone Oak Road when construction is expected to be completed, reports the Paducah Sun.
Portsmouth Regional ASC files form D for $665k in financing
Portsmouth (N.H.) Regional Ambulatory Surgery Center has filed form D for $665,451 in equity financing, according to an OCTA Finance report. The surgery center was able to sell 100 percent of the financing round.
Connecticut House passes legislation banning surprise OON bills
The Connecticut House has passed legislation that would prevent surprise billing and improve cost information sharing, according to a report from The Middletown Press. The legislation would bar surprise billing when insured patients undergo emergency care at an in-network hospital, but receive treatment from an out-of-network physician. Healthcare providers will now also be required to provide uninsured patients with estimated prices.