Physicians are flocking to employed models, whether that be hospitals, health systems, private equity groups or payers. From 2012 to 2022, the share of physicians who were self-employed dropped from ...
Former independent practice Hillsdale (Mich.) Medical Associates is now owned and operated by Hillsdale Hospital, Hillsdale Daily News reported Nov. 13. The practice has three physicians, Dan McCance, ...
Bradenton, Fla.-based MCR Health, a nonprofit medical group, sought Chapter 11 protection Nov. 11, the Tampa Bay Business Journal reported Nov. 13. Court documents filed in Florida revealed MCR has ...
Two Florida men were charged in a seven-count indictment for their role in a $28 million fraud scheme involving physician kickbacks for durable medical equipment. From February 2018 to April 2019, ...
The Battle Creek (Mich.) Endoscopy and Surgery Center will close Dec. 31, laying off 17, WWMT reported Nov. 13. The decision comes after the retirement of three physicians and the clinic's inability ...
Aurora, Colo.-based University of Colorado Health has agreed to pay $23 million to resolve allegations that it violated the False Claims Act by improperly coding certain evaluation and management ...
Surgery Partners will have a stake in Duly's ASCs in Lombard and Westmont, Ill., according to a Nov. 12 press release. The Duly Surgery Center of Westmont is a musculoskeletal-focused surgery center ...
Morganville cardiologist sentenced to 35 months in prison for $1.9 million healthcare fraud scheme involving false insurance claims.
So-called "nuclear verdicts," defined as jury awards of more than $10 million in civil cases, have been on the rise across healthcare. In 2023, malpractice verdicts hit a record high. There were 57 ...
Anchorage-based Alaska Heart & Vascular Institute has added Josiah Brown, MD, to its staff, according to a Nov. 13 report by Alaska Business. Dr. Brown is an interventional and structural cardiologist ...
While California has the overall highest number of ASCs in the U.S. with 1,218, according to an April report by Definitive Healthcare, the Southeast has seen rapid growth of outpatient clinics.
Nearly 50% of all private cardiology practices were a part of a private equity portfolio, according to MedAxiom's 2024 " Cardiovascular Provider Compensation and Production Survey ." The survey ...