New provisions to crack down on fraud could help the federal government surpass the $2.9 billion in Medicare and Medicaid overpayments recovered last year, a 29 percent increase from the year before, according to a release from HHS.
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Some Congressional leaders' hopes of finally passing a five-year Medicare physician fee fix could be dashed once again this month, as lawmakers prepare to avert a 21.3 percent fee cut on June 1, according to a report by The Hill.…
The spine service line can be a profitable one for outpatient surgery centers and their partners; however, favorable contracts with implant vendors are key to ensuring spine benefits a center's bottom line. Every additional dollar that is spent on implants…
DePuy Spine has launched the EXPEDIUM Vertebral Body Derotation Set, which can help surgeons correct spinal alignment and decrease rib rotation in patients with scoliosis, an abnormal curvature of the spine that affects about 6 million people in the U.S.,…
Minimally invasive spine procedures involving the use of facet fixation products are expected to grow faster than other sectors of the spine surgery market over the next five years, according to US Markets for Minimally Invasive Spine Technologies 2008. The…
Q: Has access to financing/capital improved over recent months for ASC start-ups or are groups still struggling? Kyle Goldammer: In our opinion, groups are still struggling with financing. Although financing is available, the down payment required for large projects has…
William S. Burke, a former executive of South Shore Hospital in Weymouth, Mass., has been sentenced to 366 days in prison for stealing $222,000 from the hospital, according to a report in The Boston Globe.
Parsippany, N.J.-based Extremity Medical, an orthopedic device company, announced the 510(k) clearance from the U.S. Food and Drug Administration of the company's IOFiX MCP Intraosseous Fixation System for arthrodesis of the metacarpal phalangeal joints in the hand, according to an…
A majority of representatives in the U.S. House wants its leadership to introduce a bill extending extra federal funds to states for Medicaid and other healthcare assistance programs, according to a report by AHA News Now.
If the upcoming 21.3 percent cut in physician Medicare payments were implemented on June 1, 24 percent of osteopathic physicians said they would probably or definitely not see their current Medicare patients if they had a choice, according to a…