A new pilot program in New Jersey is testing a method for bundled payment for episodes of care during hip and knee replacement surgeries, according to a NJ Spotlight report.
Practice Management
Long-term cost management is among the greatest challenges for out-of-network ASCs. As the administrator of an out-of-network surgery center that performs more than 300 cases per month in a one-room OR, Toni Rambeau, CASC, has developed the necessary cost management…
Erie, Pa.-based TriState Neurological Surgeons recently selected the ChartLogic EHR Suite to transition its offices from paper records to an electronic system.
An important element of any merger or acquisition is the valuation of the hospital and/or physician practice. In a transaction between a hospital and a physician group, a valuation firm typically determines a set price upon which a willing buyer…
With new procedures, varying payor reimbursements and rising implant costs to consider, running a profitable, orthopedic-driven ASC can often be a delicate balancing act of conflicting demands. Karen Cannizzaro, CASC, administrator at Physicians Day Surgery Center in Naples, Fla., provides…
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Seven health systems — totaling 28 hospitals from Wisconsin, Michigan and Illinois — have formed Quality Health Solutions, a virtual network to launch accountable care strategies.
Unexpected and high-cost medical bills from out-of-network hospitals and physicians are contributing to the growing problem of consumer medical debt, and in New York, it is causing some to go broke, according to a report from the New York State…
With new procedures, varying payor reimbursements and rising implant costs to consider, running a profitable, orthopedic-driven ASC can often be a delicate balancing act of conflicting demands. Karen Cannizzaro, CASC, administrator at Physicians Day Surgery Center in Naples, Fla., provides…
Robert McBride Jr., MD, an orthopedic sports medicine physician and president of OrthoCarolina in Charlotte, N.C., discusses the key elements that have made his practice successful over the past few years. The practice includes 13 office locations and specialty clinics…
Here are 10 new orthopedic practice openings and expansions.