Certificate-of-need requirements in certain states are posing physician recruitment challenges for single-specialty surgery centers, Janet Carlson, Executive Director of ASCs at Commonwealth Pain & Spine, said.
Practice Management
Freehold, N.J.-based Advanced Orthopedics and Sports Medicine Institute is expanding services in Belmar, N.J., the practice said in a May 14 news release.
California, Florida and Georgia have the most top-rated ASCs for spine and orthopedics by U.S. News and World Report.
Orthopedic physician groups were among specialties with a higher volume of merger and acquisition deals in 2023, according to VMG Health's 2024 Healthcare M&A Report.
Three orthopedic practice mergers were announced so far in 2023, and two of them are in Florida.
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St. Louis-based Ascension confirmed a ransomware attack that happened May 8, the health system said May 11.
Cleveland-based University Hospitals has opened the new UH Amherst (Ohio) Health Center, creating a central hub for comprehensive orthopedic care, according to a May 9 report from The Morning Journal.
Podiatrist Colin Graney, DPM, closed his practice, and Madison-based Orthopedic and Spine Center of Wisconsin will take over his patients' care.
Dallas, Texas-based Steward Health Care is filing for Chapter 11 bankruptcy, and Medical Properties Trust will pour in millions of dollars to support operations at existing hospitals and clinics.
Rite Aid and Walmart Health, which both had aspirations to transform traditional healthcare, have struggled with financial challenges and business models. Rite Aid closed multiple locations, while Walmart Health closed entirely.