Here are the top reasons for the loss:
1. Bad investments or stock market loss: 17 percent
2. Business problems, reimbursement changes or change in the practice situation: 10 percent
3. Real estate loss: 5 percent
4. Lawsuits or legal fees: 4 percent
5. Divorce: 3 percent
More articles on physicians:
Physician buys 2 Illinois ASCs’ assets for $50K after one halts operations
3 things to know about orthopedist wealth & debt
Surgical Care Affiliates plans to add 20 ASCs with value-based growth strategy
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
