San Francisco & Raleigh, North Carolina—(BUSINESS WIRE)—TPG (NASDAQ:TPG), a leading global alternative asset management firm, today announced a significant strategic investment in Compass Surgical Partners (“Compass” or the “Company”), an independent full-service ambulatory surgery center (ASC) development and management partner. TPG Growth, the firm’s middle market and growth equity platform,…
The US Food and Drug Administration receives more than 100,000 medication-related reports, and some of them, according to the AORN Journal, “involve patient death.” AORN’s 2024 updated guidelines include safety updates for perioperative staff when handling, transporting, and administering medication, which can be a complex process prone to errors. In…
MELVILLE, NY, January 3, 2024 – Henry Schein Medical, the U.S. medical business of Henry Schein, Inc. (Nasdaq: HSIC), today announced the launch of Henry Schein RISE (Resources, Infection Prevention, Solutions & Support, Education) – a platform designed to provide ambulatory surgery centers (ASCs) with infection prevention resources including access to third-party continuing education,…
Editor's Note: Investors see particular opportunity for mergers in healthcare and life sciences companies, Chief Healthcare Executive reported January 5. Citing the 2024 outlook of audit, tax, and advisory firm KPMG, the report notes that 61% of investors expect deal-making to increase in these sectors, while only 9% expect to…
Editor's Note Healthcare employment in the US rose by 37,700 from December 2023 to January 2024, according to the latest report from the Bureau of Labor Statistics released on January 5. Overall, employment rose by 2.7 million in 2023 (an average monthly gain of 225,000), which is less than the…
Editor's Note A survey of health system executives published January 4 by VMG Health finds that an increasing number are planning to expand into joint ventures with ambulatory surgery centers as they look to move more services from inpatient to outpatient facilities. The survey included 141 health system executives, including…
Staff recruitment and retention is the top priority of OR leaders going into 2024, according to a November/December survey conducted by LeanTaaS in collaboration with OR Manager. Out of 84 respondents (some skipped), while 76% chose staff recruitment and retention, both improving operational efficiency (65%) and sustaining volume (36%) also…
Editor’s Note US hospitals charge approximately 55% higher average fees than ambulatory surgical centers (ASCs) for colonoscopies covered by private health insurance. The findings, from the Johns Hopkins Bloomberg School of Public Health, appeared as a research letter in JAMA Health Forum on December 15. The analysis is one of…
Editor's Note A critical lack of beds in rehabilitation facilities and postdischarge care is impacting patient recovery postoperatively, Forbes December 12 reports. According to the article, procedures involving brain and spinal cord injuries are the most impacted. Authors Robert Glatter, MD, an emergency physician at Lenox Hill Hospital in New…
Editor's Note The US House of Representatives may vote this week on The Lower Costs, More Transparency Act. Introduced September 8, the proposed act aims to boost healthcare pricing transparency so consumers can make more informed decisions. Key elements include: Hospitals, payers, ambulatory surgery centers (ASCs), and other facilities would…