The Centers for Medicare and Medicaid Services released a series of questions and answers related to the recently eliminated physician consultation CPT codes, which address how evaluation and management services should be reported to CMS.
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This article focuses on the pricing by companies that purchase majority interests in ambulatory surgery centers (ASCs). Currently, there are three public companies that buy majority interests in ASCs and eight to ten private companies that fit into this category. These companies generally buy more than 50 percent of the interests or assets in an ASC transaction, typically buying anywhere from 51-66 percent of such interests or assets. There are also several companies that focus on acquiring minority interests in ASCs. The lists below are not all-inclusive lists nor do they specifically focus on hospital acquisitions of ASCs, which is also an incredibly active part of the market.
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Here is a list of 20 new hospital and health system CFOs announced in the past year. Note: CFOs are listed in alphabetical order by last name.
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Orthopedics can be a profitable service line for your hospital due to good reimbursement and increased demand for orthopedic surgeries. With a few adjustments, hospitals can move their orthopedics lines from good to exceptional.
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Jackson Health System's plans to shut down its Jackson South hospital seem to include scrapping a $102 million, state-of-the-art addition to the hospital, even though it is already 40 percent complete, according to a report by the Miami Herald.
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Executives at West Penn Allegheny Health System in Pittsburgh discussed a reorganization that might lead to a new name and changes at its Allegheny General Hospital Suburban campus at a March 8 town hall meeting with employees, according to a report in the Pittsburgh Post-Gazette.
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Minnesota Gov. Tim Pawlenty and state legislators have reached an agreement to reduce funds for a state-funded program for low-income adults and transfer it to hospitals serving these patients, according to a report by the Minnesota Daily.
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Parkview Community Hospital Medical Center, Riverside, Calif., might receive a notice of default after missing a March 8 deadline to pay off millions of dollars in debt, according to a story in The Press-Enterprise.
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Hospitals feel compelled to buy the $1.7 million da Vinci robot surgery system to stay competitive, despite lack of clear evidence that it is superior to other surgery, according to a report by the Chattanooga Times Free Press.
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Here is the median compensation of urologists for 2005-2008, according to the AMGA 2009 Medical Group Compensation and Financial Survey.
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