Today's Top 20 Stories
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10 richest US cities
Baltimore has been named the richest U.S. city — not for its annual personal income, but due to its high concentration of wealthy households, according to a recent study from property manager Evernest. -
The cost disparity of colonoscopies at ASCs vs. hospitals
Hospital-based colonoscopy facility fees are more than 50% higher than the same service in a physician's office, according to a research letter published in JAMA Network Open in 2023. -
Olympus, NTT launch world's first cloud endoscopy system
Olympus and NTT have jointly developed the world's first cloud-based endoscopy system that processes endoscopic videos on the cloud, according to a Nov. 19 news release.
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Optum-affiliated clinic chain found guilty of filing 20,000 false Medicare claims
Healthcare Associates of Texas, an operator of eight clinics in North Texas and an affiliate of Optum, has been found guilty of filing more than 20,000 false Medicare claims, according to a Nov. 21 report from The Dallas Morning News. -
Rockford Gastroenterology notifies 147,253 patients of data breach
Rockford (Ill.) Gastroenterology Associates filed a notice of data breach with the U.S. Department of Health and Human Services Office for Civil Rights on Oct. 30 after becoming aware of a 2023 cyberattack. -
POH debate intensifies with Black Hills Surgical Hospital sale
Sioux Falls, S.D.-based Sanford Health's is set to acquire physician-owned Black Hills Surgical Hospital and Black Hills Orthopedic and Spine Center — a move poised to reshape the region's healthcare landscape, Sioux Falls Live reported Nov. 14. -
Here's what it costs to employ physicians in 2024
In the third quarter of the year, a health system's median investment/subsidy per physician totaled $304,312, rising above $300,000 for the first time ever, according to a Nov. 12 report from Kaufman Hall.
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Where anesthesia jobs are booming
From 2019 to 2023, Pennsylvania saw the largest boom in anesthesiologist employment, seeing a 197.56% growth in anesthesiology positions and a 202.08% growth in anesthesiologist employment, according to an October study from Rivanna. -
Broward Health hires first chief of cardiology
Fort Lauderdale, Fla.-based Broward Health Physician Group has hired Jose Baez-Escudero, MD, as its first-ever systemwide chief of cardiology, South Florida Hospital News reported Nov. 20. -
Lehigh Valley Heart and Vascular Institute taps 2 specialists
Allentown, Pa.-based Lehigh Valley Heart and Vascular Institute has added two new cardiology specialists to its team. -
Lab owner charged for $79M fraud scheme, using physician's information without their knowledge
The owner and operator of a Texas lab was charged for his role in a $79 million testing fraud scheme.
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Connecticut medical office building housing ASC sells for $19M
A medical office building in Stamford, Conn., has sold for more than $19 million, according to a Nov. 21 report from the Hartford Business Journal. -
California medical office building sells for $14.4M
A medical office building in Union City, Calif., has sold for $14.4 million, according to a Nov. 20 report from the San Francisco Business Times. -
New York man sentenced for $4M healthcare fraud scheme
A man in West New York, N.J., was sentenced to 41 months in prison for 11 counts of defrauding the government out of more than $4.72 million and transacting the proceedings, according to a Nov. 18 release by the Department of Justice. -
How private practices can brace for 2025
Facing declining physician reimbursement rates and soaring inflation, private practices face mounting challenges heading into 2025. -
The ASC industry's '800-pound gorilla'
While the majority of ASCs remain independent, increased consolidation within the industry has led some leaders to contemplate linking with hospitals or larger health systems as a strategy for more market-proof ASC growth. -
'The next wave' in ASC survival
From emergent technologies and changing market dynamics to an aging population, a slew of trends could shape ASCs' survival and growth over the next five years. -
3 physician clinic closures in 1 day
In one day, Becker's reported on three physician clinic closures, citing reasons ranging from safety concerns and physician retirement. -
Pennsylvania NP sentenced for writing thousands of fraudulent Oxycodone prescription
A certified registered nurse practitioner in Harrisburg, Pa., was sentenced for writing fraudulent prescriptions for thousands of Oxycodone pills. -
Florida medical group lays off physicians after filing for bankruptcy
Bradenton, Fla.-based MCR Health has laid off several physicians after it sought Chapter 11 protection Nov. 11.
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