The United States Attorney’s Office for the District of Massachusetts announced that EyePoint, a manufacturer of therapeutics for ophthalmic applications, has agreed to pay $4,678,981 to resolve allegations that it paid kickbacks to induce ASCs to purchase its drug DEXYCU. The government alleges that EyePoint violated the Anti-Kickback Statute and the…
ASC management and development firm AMSURG has acquired five endoscopy centers that cover the eastern and central portions of North Carolina. The five acquired centers consist of the Wake Endoscopy portfolio, consisting of: Wake Forest Endoscopy Center Wake Endoscopy – Cary Wake Endoscopy – Raleigh Clayton Endoscopy Center Wilson Endoscopy…
According to a report in The Philadelphia Inquirer, Rothman Orthopaedics plans to open three surgery centers and add more physicians over the next year in its home Philadelphia area. “Our biggest priority in the near term is strengthening our core business here, in Southeastern Pennsylvania and New Jersey,” Rothman CEO…
The American Academy of Orthopaedic Surgeons (AAOS) has released its first-ever Orthopaedic Industry Report, “a new market intelligence resource that synthesizes data and insights from across the continuum of orthopedic care to help healthcare leaders understand the trends shaping the orthopedic market and musculoskeletal care delivery.” States AAOS, “Healthcare organizations across…
A cost efficiency analysis of outpatient ophthalmic procedures has been published in American Journal of Ophthalmology. The purpose of the study, state the researchers, was to “evaluate the financial feasibility” of nine common ophthalmic procedures performed at ASCs and HOPDs relative to Medicare facility reimbursement in 2025. The study proposes…
Much of the discussion and research on opioid-sparing postoperative pain management has centered on orthopedics and spine procedures, where opioid prescriptions have in many cases been successfully reduced or even eliminated in favor of nerve blocks and multimodal pain relief strategies. Now a major Canadian research project has examined the…
According to a report by trade publication Construction Owners, design-build construction firm BBL has completed a 113,000-square-foot orthopedic medical campus for ORA Orthopedics. The campus in Bettendorf, Iowa, includes an ASC with 10 ORs and two procedure rooms, an orthopedic clinic, imaging, physical therapy and aquatic therapy services. It will…
A possible risk from total hip or knee replacement procedures is periprosthetic joint infection, which can result in joint replacement failures that require additional surgeries, prolonged hospital stays, and a poor patient experience. The risk rises in patients with diabetes, chronic kidney disease, or a history of tobacco use. Yale…
A press release from regional bank The Washington Trust Company revealed that it led construction-to-permanent financing for a new $105 million, 79,500-square-foot building in Waltham, Mass., that it calls “the largest orthopedic ambulatory surgery center and medical practice building in Greater Boston.”. The new facility, completed in June, is a…
Emory Healthcare announced that one of its neurosurgery teams completed “what is believed to be the world’s first” continuously navigated endoscopic transforaminal lumbar interbody fusion (TLIF) fusion, “advancing a minimally invasive approach to lower spine surgery.” The team, led by Daniel Refai, MD, professor in the Department of Neurosurgery at…