February 2023 Issue of Becker's ASC Review
ON THE COVER
4 ASC chains’ 12-year growth breakdown
United Surgical Partners International is the largest ASC chain in the country, with 410 centers. Here's how four of the largest ASC chains have grown over the last 12 years:
5 industry-shifting healthcare moves in 2022
From Amazon to CVS Health, here are five major healthcare deals in 2022 that are shifting the industry:
7 things ASC leaders are excited about
Nine ASC leaders joined Becker's to discuss what they're most excited about in 2023.
7 ASCs that faced opposition in 2022
Here were seven ASCs that faced opposition in 2022:
SCA Health has 9,200 physicians
SCA Health, based in Deerfield, Ill., has grown over the last few years to include hundreds of surgery centers and thousands of physicians in its network.
Shoot to where the puck is going’: Hospital CEO looks to ASCs to drive margins
Hospitals and health systems faced formidable margin declines in 2022 amid labor shortages, skyrocketing operating costs and declining inpatient volumes
Payers splitting with health systems: How ASCs could be affected
Contract disputes and payer splits are threatening coverage nationwide, and some ASCs are being affected by the parties unable to meet year-end or looming deadlines
FTC moves to ban noncompetes: What it could mean for physicians
In January, the Federal Trade Commission proposed a rule that would keep employees free from non-compete contracts. The rule would apply to full-time employees and independent contractors, both paid and unpaid.
ASC MANAGEMENT
Stark Law: What ASC leaders need to know in 2023
Becker's has reported on three Stark Law changes and considerations in 2022. Here's what ASC leaders need to know going into 2023:
USPI CEO, president to retire
Brett Brodnax, president and CEO of United Surgical Partners International, will retire at the end of 2023.
4 ASC chains’ 12-year growth breakdown
United Surgical Partners International is the largest ASC chain in the country, with 410 centers. Here's how four of the largest ASC chains have grown over the last 12 years:
What hospitals raising nurse pay could mean for ASCs
Some hospitals have been raising nurse pay, which could mean ASCs will have even more difficulty recruiting staff.
The ASCs that faced opposition in 2022
Here were seven ASCs that faced opposition in 2022:
THOUGHT LEADERSHIP
Why ASCs are expected to see ‘continued growth’ in 2023
Several healthcare leaders see a bright future for ASCs and expect the market to grow in 2023.
Shoot to where the puck is going’: Hospital CEO looks to ASCs to drive margins
Hospitals and health systems faced formidable margin declines in 2022 amid labor shortages, skyrocketing operating costs and declining inpatient volumes
7 things ASC leaders are excited about
Nine ASC leaders joined Becker's to discuss what they're most excited about in 2023.
ASC reimbursement rates shouldn’t be based on ownership, leader says
According to Dennis Fliegelman, principal consultant at West Lake Village, Calif.-based ARA Financial Services, outpatient reimbursement should be based on clinical rationale rather than ownership structure.
ORTHOPEDICS
Dr. J. Richard Steadman dies at 85
J. Richard Steadman, MD, who founded the Steadman Clinic in Vail, Colo., died at age 85, the practice said Jan. 22
No. of active orthopedic surgeons dips 3.7% from 2016-2021: report
Orthopedic surgery as a specialty saw a dip between 2016 and 2021, while sports medicine saw a significant jump, according to the Association of American Medical College's "2022 Physician Specialty Data Report."
2 OrthoAlliance practices partner to provide outpatient care
Orthopaedic Associates of Zanesville and New Albany-based JIS Orthopedics, both in Ohio, have partnered to provide outpatient orthopedic care in Cambridge (Ohio) Surgical Suites.
Not just a gimmick’: 16 experts on prone lateral spine surgery
Prone lateral spine surgery offers an alternative to the lateral decubitus position and eliminates the need to move a patient during the surgery. The technique has yet to be widely adopted, and while some surgeons see potential, others don't see it taking a grip on the industry any time soon.
How total knee replacement is expected to change at ASCs in 2023
Medicare ASC payments for total knee replacements are expected to increase in 2023, according to VMG Health's "ASCs in 2022: A Year in Review" report released Jan. 26.
GASTROENTROLOGY
FDA issues Olympus 2 warning letters
Olympus Medical Systems Corp. and one of its subsidiaries, Aizu Olympus Co., were issued two warning letters by the FDA's Center for Devices and Radiological Health following facility inspections.
Gastroenterology gains 1,128 physicians over 5 years
Gastroenterology gained 1,128 active physicians from 2016 to 2021, according to the Association of American Medical College's "Physician Specialty Data Report."
Virginia lawmakers push for greater coverage of colon cancer screening costs
The Virginia House of Delegates is pushing to pass a bill that would require health insurance companies to cover all costs for colorectal cancer screenings ABC affiliate WSET reported Jan. 24.
New York gastroenterologist to pay $1.4M for Medicare billing fraud
Great Neck, N.Y.-based gastroenterologist Morris Barnard was sentenced to 30 months in prison and must pay $1.4 million for a Medicare billing fraud scheme, the U.S. Justice Department said Jan. 5.
244,300 patients potentially affected in colonoscopy prep retail site data breach
Captify Health, a colonoscopy prep-focused management services company, notified about 244,300 patients that their personal information may have been compromised during a data breach of the company's colonoscopy prep retail site, Bank Info Security reported Jan. 9.
TRANSACTIONS
5 industry-shifting healthcare moves in 2022
From Amazon to CVS Health, here are five major healthcare deals in 2022 that are shifting the industry:
Amazon clears hurdle in One Medical deal: What ASCs should know
The Oregon Health Authority has approved Amazon's proposed acquisition of One Medical, clearing a hurdle to cementing the deal.
SCA Health has 9,200 physicians
SCA Health, based in Deerfield, Ill., has grown over the last few years to include hundreds of surgery centers and thousands of physicians in its network.
Walgreens doubles down on primary care: What ASCs need to know
VillageMD, a company majority owned by Walgreens Boots Alliance, acquired Dallas Internal Medicine and Geriatrics Specialists just weeks after finalizing a $8.9 billion acquisition.
HCA, Amazon & Walgreens: 3 healthcare deal updates in 2023
Here are three major healthcare deals that were completed or have moved forward in 2023, all on Jan. 3:
HEALTHCARE NEWS
FTC moves to ban non-competes: What it could mean for physicians
In January, the Federal Trade Commission proposed a rule that would keep employees free from non-compete contracts. The rule would apply to full-time employees and independent contractors, both paid and unpaid.
13 most popular medical, nonmedical side gigs for physicians
Thirty-seven percent of physicians reported having a side gig in 2022 according to the Physician Extra Income report from Medscape.
The 4 fastestgrowing healthcare jobs
Nurse practitioners, medical and health services managers, and physician assistants are among the top 20 fastest growing jobs, according to a Bureau of Labor Statistics report.
10 worst states for physicians to retire
Kentucky is the worst state to retire, according to personal finance site WalletHub.
10 specialties with highest projected physician shortage
Cardiology has the highest projected shortage of physicians, according to Physicians Thrive's "2022 Physician Compensation Report."