Naughty or Nice? This year, Santa brought a lump of coal to Tenet’s Abrazo Maryvale hospital campus. Rumored to be accompanied by the Grinch for extra muscle, he padlocked the 232-bed Phoenix area facility. All kidding aside, the hospital fell victim to, in the words of its spokesman, “dwindling patient volumes.” As a reader of…
ASC
The Lesson of Indoor Farming Applied to ASC/Facility Development – Success in Motion
Ride along with Mark Weiss as he discusses how you as a physician can apply concepts from indoor farming to your development of ASCs and other independent healthcare facilities.
Blowing up Your ASC Because of Confusion of Purpose
Once again, the facility is no longer an ASC either for safe harbor or for Medicare billing purposes.
Special Alert: House Passes Bill – Why You Must Evaluate Your ASC Ownership/Practice Options Now
Yesterday, the U.S. House of Representatives simultaneously placed another nail in the coffin of hospitals and gave a tremendous boost to ambulatory surgery centers and their physician owners. That’s because the House passed the 21st Century Cures Act, Medicare legislation that the Senate is expected to pass next week. The law includes two provisions of…
Creating Interlocking Physician-Owned Ventures
Driving through the mountain town built around a lake, I couldn’t help but notice the David Isaac empire. (David Isaac isn’t his real name, I’ve changed it for this post.) There was David Isaac Boat Sales. A mile or so away, there was the David Isaac Marina. And, there was David Isaac Toyota. A quick…
A Legal Alternative to Illegal Kickbacks to Physicians
You can see why it’s so tempting for unscrupulous hospital CEOs to offer kickbacks to physicians.
Opportunities to Invest in Physician-Owned Outpatient Facilities
Blue Cross Blue Shield recently released a study based on the analysis of claims made by 43 million of their commercially insured patients. The study is additional evidence supporting the point that I’ve been arguing for the past year: That there is a rapid shift of surgical and interventional procedures from the hospital setting to the ASC setting.