Hospitals and health systems continued scooping up physician practices in 2019, while practices offering certain specialties caught private equity interest, according to VMG Health's 2020 "Healthcare M&A Report."
Practice Management
Dubois, Pa.-based Penn Highlands Healthcare is beginning construction on a multistory building that will house The Brain and Spine Center and an orthopedic Center of Excellence, Connect FM radio reports.
Vero Beach, Fla.-based Vero Orthopaedics & Neurology recently restarted elective surgeries.
Fort Worth (Texas) Brain and Spine Institute recently partnered with eMDs, which provides EHR, practice management and revenue cycle management solutions for medical practices.
The number of spine surgeries performed at hospitals in the U.S. decreased 45 percent from March 1 to April 15, compared to the same period in 2019, Axios reports.
Here are three hospitals expanding spine and neurosurgery programs:
Spine surgeon Melvin Makhni, MD, is touting telemedicine to "continue to revolutionize healthcare" after healthcare providers across the country have pivoted to the technology since the onset of the COVID-19 pandemic, CBS Boston reports.
A group of Alabama orthopedic surgeons and entrepreneurs will open OS1 Sports Injury Clinic in Hoover, Ala., in June.
Lewiston-based Central Maine Healthcare is seeking state approval for a $14.2 million ASC that will provide orthopedic surgery in Topsham, Bangor Daily News reports.
Northwest Orthopaedic Associates in Chicago recently received $143,000 in federal funding to offset revenue losses from the suspension of elective surgeries, Chicago Business Journal reports.
