Roughly one-third of the country's physician workforce plans to retire or leave their practice in the next 10 years, according to Jackson Healthcare's Physician Practice Trends Survey 2012.
Practice Management
The Board of Directors at Massena (New York) Memorial Hospital approved a $1.9 million loan agreement to go toward the purchase of Seaway Orthopedics for a total of $2.95 million, including equipment, according to a Watertown Daily Times report.
Harrison Medical Center in Silverdale, Wash., is on schedule to build its new orthopedic hospital for $315 per square foot, well below the cost of other inpatient facilities in the region, according to a Seattle Daily Journal of Commerce report.
Physician signing bonuses, once a treat, are almost a foregone conclusion now as roughly 80 percent of physician recruiting assignments Merritt Hawkins conducted in 2011 and 2012 involved signing bonuses.
The Houston-based Kelsey-Seybold Clinic will open its 21st location in Meyerland, Texas early next year to offer primary and specialty medical care, according to Chron.com.
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Jace Provo, MD, has joined Sports and Orthopedic Center in Boca Raton, Fla.
American Association of Orthopaedic Surgeons Fellow, Louis McIntyre, MD, recently testified before the House Small Business Subcommittee on Investigations, Oversight and Regulations on the cause and impact of the decline in private practices.
The Rothman Institute, based in Philadelphia, has made several deals as part of a larger move to prepare for healthcare reform, according to a Philadelphia Inquirer report.
Coastal Orthopedics in Bradenton, Fla., will add several more physicians and staff members to its staff by the end of the year, according to a Gulf Coast Business Review report.
Orthopedic Specialists of Southwest Florida in Ft. Myers has completed construction on its new surgical center, according to a Stevens Construction news release.