Practice Management

Becker's Spine Review asked three leaders to share how their orthopedic groups are handling financial and operational challenges related to the COVID-19 pandemic:

Yale New Haven (Conn.) Hospital in May received more than $114.7 million in federal funding to offset losses incurred by the COVID-19 pandemic, the New Haven Independent reports.

For general surgeons, 19 percent of claims are denied or need resubmitted, according to Medscape's "Physician Compensation Report 2020."

Silverthorne, Colo.-based Panorama Summit Orthopedics opened a walk-in clinic to provide urgent orthopedic care and relieve area emergency rooms, SummitDaily reports.

Houston Methodist Clear Lake Hospital is on course to finish a 150,000-square-foot expansion that will bolster its spine and orthopedic services, Community Impact reports.

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."

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.