Becker's ASC Review

October 2023 Issue of Becker's ASC Review

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6 ASC MANAGEMENT in economically or socially marginalized communities. But states are making increasing efforts to limit these contracts. In 2023, Connecticut passed a bill amending the state's physician noncompete statute and New York passed a bill aiming to stop employers from entering into noncompete agreements with their employees. Additionally, the Federal Trade Commission proposed a rule in January that would keep employees free from noncompete contracts. "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," Marsha Haley, MD, clinical assistant professor of radiation oncology at the University of Pittsburgh, told Becker's. "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." n ASC operator to pay $8.9M to settle false claims allegations By Patsy Newitt O liver Street Dermatology, a Texas management company that operates dermatology practices, ASCs and pathology laboratories, has agreed to pay $8.9 million to settle self-reported allegations that it violated Stark law. From January 2013 to July 2018, the company, doing business as U.S. Dermatology Partners, acquired several dermatology practices across the country, according to a Sept. 13 news release from the Justice Department. In September 2021, the company self-disclosed to the Justice Department that it found evidence suggesting former senior managers agreed to increase the purchase price of 11 practices in exchange for an agreement by the provider to refer services to entities affiliated with U.S. Dermatology Partners following the acquisition. n APOGEE CAPITAL PARTNERS, LLC S Financial resources for a changing landscape We provide the right funding solutions for the nancial challenges facing healthcare providers today. Leading the way with our streamlined funding process, providers have access to their accounts receivables upfront, enabling them to focus on providing quality care to their personal injury patients. The benets of partnering with us: • Improved Cash Flow: Access to immediate funding to alleviate nancial strain more eectively. • Mitigated Risk: Our rigorous due dilligence process ensures that we select cases with strong recovery potential, minimizing risks associated with funding personal injury receivables. • Seamless Collaboration: We work closely with attorneys, healthcare providers & sta to streamline the funding process in order to ensure a seemless collaboration that prioritizes patient care. A solid reputation in delivering reliable funding results. 1501 Venera Avenue, Suite 300 Coral Gables, FL 33146 305.970.3478

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