Issue link: https://beckershealthcare.uberflip.com/i/1507957
8 ASC MANAGEMENT 5 highest-paid CEOs of ASC, medical practice chains By Patsy Newitt A FL-CIO ranked the highest-paid CEOs from S&P 500 and Rusell 3,000 companies to develop a report on the highest-paid top executives for healthcare organizations in 2023. Here are five of the highest-paid CEOs of ASCs and medical practice chains: 1. Samuel Hazen. CEO of HCA Healthcare (Nashville, Tenn.): $14.6 million 2. Saum Sutaria, MD. CEO of Tenet Healthcare (Dallas): $11 million 3. Mark Tarr. CEO of Encompass Health Corporation (Birmingham, Ala.): $7.7 million 4. Christopher Hunter. CEO of Acadia Healthcare Company (Franklin, Tenn.): $6.4 million 5. Tim Hingtgen. CEO of Community Health Systems (Franklin, Tenn.): $6.3 million n ASCs Inc. rebrands, changes name By Claire Wallace H ealthcare advisory firm ASCs Inc. has changed its name to Physician Transaction Advisors to "more accurately reflect" its services. In the last 20 years, PTA has represented more than 300 group practices, surgery centers, surgical hospitals and specialty facilities, according to an Aug. 22 release sent to Becker's. The new name and brand is reflective of how the firm has evolved over time to best represent the physician owners of group practices and surgical facilities, according to the release. n Why healthcare need to 'rethink the concept of noncompetes' By Patsy Newitt As more physicians moved to employed models, many leaders feel noncompetes are no longer compatible with the physician workforce. Marsha Haley, MD, clinical assistant professor of radiation oncology at the University of Pittsburgh, joined Becker's to discuss how she feels about noncompetes. Question: How do you feel about noncompetes? Editor's note: is response was edited lighty. Marsha Haley: Noncompetes were more important when physician private practices were the norm. e purpose was to prevent a physician from opening another nearby practice to directly compete with the original practice. Now that most physicians are employed by large health systems, we need to rethink the concept of noncompetes. Many large health systems have a footprint that expands several states. If a physician is let go or leaves the practice, this requires the physician to move a long distance to meet the noncompete clause. Given the size and vertical integration of health systems, they are in no danger of losing a significant number of patients to the departing physician. e physician, however, is now required to move a great distance away from children's schools and extended family to make a living. To make noncompetes more fair and applicable to the current medical environment, they could potentially be tailored to smaller private practices but not be applicable to large health systems or private equity companies. n ASC physician owner surrenders license after allegedly storing expired medicine By Patsy Newitt P lastic surgeon Boris Bergus, MD, has surrendered his license following several alleged violations, including prescribing medications with a suspended license and storing expired medications, Providence Business News reported July 18. Dr. Bergus operated two America's Vein & Cosmetic Surgery Centers in East Greenwich and Lincoln, both in Rhode Island. In December 2021, Dr. Bergus' license was suspended aer the Rhode Island Department of Health found multiple expired stored medications. He also allegedly engaged in a personal relationship with a patient, prescribed medications while his license was suspended and submitted claims while his license was suspended. He has denied all the claims, according to the report, and signed an agreement waiving his right to appeal the ruling and agreed to not seek reinstatement of his license n