Editor's Note Federal regulation of hospital mergers is inadequate, according to an April antitrust enforcement study scheduled to be published by the American Economic Association. According to a June 14 report in Modern Healthcare, researchers at universities including Harvard and Yale analyzed insurance claims data from Aetna, Humana, and UnitedHealthcare,…
Editor's Note In a recent ASCA Audio Update, Charlie Leonard, public relations and public affairs consultant, spoke with Steven Obrech, associate director of government affairs at ASCA, to discuss various legislative issues affecting ambulatory surgery centers (ASCs). This discussion showcased ongoing legislative challenges and efforts to support ASC operations at…
Editor's Note Solid operating margins and an improved payer mix contributed to robust financial outcomes for HCA Healthcare in the first quarter of 2024, including “significant growth” in inpatient admissions, surgeries and emergency room visits, according to an April 29 article on Investing.com. According to the report, outpatient surgery revenue…
Editor's Note Over the last 10 years, private equity has taken over many of the nation’s health care facilities—from hospitals to nursing homes to physician practices—spending $1 trillion and instituting changes designed to rapidly increase profits, NBC News reported April 9. Studies have found that these takeovers can have serious…
Editor's Note Corporate entities are overtaking hospitals in terms of medical practice ownership, with corporate ownership at 30.1%, surpassing hospital ownership at 28.4% for the first time, Fierce Healthcare April 12 reports. This is alongside a “decadelong decline of independent physicians,” which saw a new high of 77.6% doctors employed…
Editor's Note Ambulatory surgery centers (ASCs) specializing in orthopedic and spine procedures are seeing a surge in growth, Orthopedics This Week April 2 reports. An "Impact of Change Forecast" report from Sg2, a Vizient Inc company, forecasts a 12% increase in orthopedics/spine ASCs in the next 5 years and a…
Editor's Note According to a March 11 research letter published by JAMA Internal Medicine, most physicians have a negative view of private equity’s growing involvement in healthcare. The findings mostly come from a January 2023 survey of 525 medical doctors conducted by the American College of Physicians (ACP). Some highlights…
Editor's Note Making good on plans announced by the Biden administration in December, federal agencies have launched a public inquiry into how private equity mergers and acquisitions impact patient outcomes, worker safety, and healthcare access and costs, including costs to taxpayers. As reported by Dotmed Healthcare Business News on March…
Editor's Note Becker’s ASC Review on February 13 published an in-depth overview of the ambulatory surgery center (ASC) sector's growth and activity in 2023. It highlights the ongoing trends, market dynamics, regulatory changes, and notable company performances within the industry. Here are some takeaways: Growth and consolidation: The ASC sector…
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…