A group of 29 orthopedic surgeons received approval July 22 for a proposed 24-bed orthopedic surgical hospital in Delray Beach, Fla., The Palm Beach Post reported.
Halting the elimination of CMS' inpatient-only list and returning the 298 musculoskeletal services to the list are two of the most notable changes proposed by the agency this week.
Pensacola, Fla.-based Andrews Sports Medicine & Orthopaedic Center is expanding to Florida through a partnership with Flagler Health+ in St. Augustine.
Last year, CMS removed 298 musculoskeletal-related services from the inpatient-only list and detailed its plan to phase out all 1,700 procedures from the inpatient-only list by 2024.
Christus Good Shepherd Health System broke ground July 20 on a $35 million project that will expand its NorthPark campus and create the first orthopedic institute in Longview, Texas, according to the Longview News-Journal.
CMS' Open Payments program requires drug and devicemakers to report payments or transfers of value to physicians, teaching hospitals and other providers to increase the transparency of these relationships.
Orthopedic surgeons had a tough year in 2020, with many elective procedures canceled or postponed, leaving some to speculate that case volume may never recover.
The National Association for Business Resources listed the American Academy of Orthopaedic Surgeons as one of "Chicago's Best and Brightest Companies to Work For," according to a July 12 news release.
Investor demand for medical properties has seen an uptick during the COVID-19 pandemic, and is expected to continue to gain traction over the next decade.
In the next three years, private equity investment is expected to increase in orthopedics as many practices consider strategic partnerships to survive and thrive after the COVID-19 pandemic.
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