Becker's ASC Review

May_June_2018_ASC_clean

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BECKER'S ASC REVIEW Data breach at NY ASC possibly exposes 135k patient records An unauthorized third party possibly gained access to 135,000 patient records at Albany, N.Y.- based St. Peter's Surgery & Endoscopy Center in January. Pain physician charged in fraud scheme, ordered to pay $8.7M Dover, Mass.-based pain management physician Fathallah Mashali, MD, was sentenced to eight years in prison and ordered to pay more than $8.7M for defrauding Medicare. Despite the overall lack of growth in the ASC market, the interest of private equity in ASCs remains very significant. PE firms have also expressed interest in practice management platforms for ophthalmology and orthopedics when practices are tied to ASCs. continued on page 54 continued on page 15 continued on page 28 Private equity in the ASC market—key transactions & 2018 outlook Inside the issue: ASCA rebukes 'sensationalized' story misrepresenting ASC safety p. 11 Envision sues United- Healthcare over a bevy of payment issues — 7 insights p. 9 Merritt Island Surgery Center nurse allegedly stole 67 ampoules of fentanyl, other drugs — 6 insights p. 62 Joint venture Stuart Surgery Center opened in Florida — 5 insights p. 36 10 statistics on US venture capital funding in healthcare p. 28 Amazon focusing on ambulatory sites for entrance into supply chain market — 6 insights p. 66 Apple will open medical clinics for its employees this spring p. 68 Woman receives $12k bill after 2-hour ER visit for bee sting p. 70 20 GI companies to know May/June 2018 • Vol. 2018 No. 2 25th Annual Meeting: The Business and Operations of ASCs October 18-20, 2018 | Swissotel Chicago 1150 attendees from ASCs, 175 speakers total To learn more & register: contact Scott Becker at sbecker@beckershealthcare.com or Jessica Cole at jcole@beckershealthcare.com or call 800-417-2035 SAVE THE DATE 55+ STORIES FEATURED INSIDE THE ISSUE

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