Many orthopedic providers found initial success in bundled payment initiatives but later found themselves in a "race to the bottom" as certain payment models sought to continuously reduce costs while maintaining high-quality care.
The Latest
Medicare spending on physician services declined $13.9 billion below expected levels in 2020, with orthopedic surgery accounting for $587M (23.7 percent) of that drop, the American Medical Association said in a Dec. 2 news release.
Albuquerque-based University of New Mexico Sandoval Regional Medical Center added an orthopedic surgery and rehab clinic, CBS affiliate KRQE reported Dec. 1.
Robert Watkins IV, MD, performed back surgery on Brook Lopez, an NBA player for the Milwaukee Bucks, according to a Dec. 2 news release.
NuVasive has lifted its voluntary ship hold on Precice titanium devices in the U.S. months after the FDA raised concerns about them in July.
Brentwood, Tenn.-based IMAC Holdings named two new hires and a promotion within the company, according to a Dec. 2 news release.
Becker's Spine Review reported on four first-time surgical cases that were completed in November.
CoreLink launched the CentraFix midline fixation system, according to a Dec. 2 news release.
Spine Wave launched two products for spinal fusions Dec. 2.
Cincinnati-based Advanced Spine & Pain Management was among five providers that recently agreed to pay a settlement and begin a corrective action plan for potential HIPAA violations.