Anesthesiology

Navigating the Shifting Economics of Anesthesia in ASCs

Anesthesia remains one of the biggest pain points for ambulatory surgery centers (ASCs). Anesthesia reimbursement has dropped 8.2% over the past decade while provider salaries have climbed as much as 40%. In turn, that has contributed to creating a growing financial strain on ASC operators. Randy Quinn, chief compliance officer and chief integration officer at […]

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FTC: Welsh, Carson, Anderson & Stowe Must Limit Work with USAP

The Federal Trade Commission finalized a consent order Tuesday that requires private-equity owner Welsh, Carson, Anderson & Stowe to minimize its work with U.S. Anesthesia Partners. The order also requires Welsh, Carson to notify the agency if it plans to acquire or invest in other anesthesia or hospital-based physician practices. The FTC filed a lawsuit

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Prime Anesthesia Associates Joins Penn State Health

The team from Prime Anesthesia Associates, a Lancaster County physician-owned and operated anesthesia practice with three physicians and two certified registered nurse anesthetists (CRNAs), has joined Penn State Health, effective March 24. The health system has hired an additional full-time CRNA and six part-time CRNAs to support the anesthesia team. The moves are in response

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FTC Secures 11th Hour Settlement from PE Firm Welsh Carson over Alleged Roll-Up Scheme

Private equity firm Welsh, Carson, Anderson & Stowe has agreed to a settlement with the Federal Trade Commission that will pare back its role in a portfolio anesthesia practice the regulator accused of anticompetitive behavior. The deal comes with no monetary penalties but requires the private equity firm to freeze its investments in Texas-based U.S.

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WELL’s CRH Medical Acquires Majority Stake in North Denver Anesthesia Associates

WELL Health Technologies Corp. (TSX: WELL) (“WELL” or the “Company“), a company focused on consolidating and modernizing clinical and digital assets within the healthcare sector, is pleased to announce its wholly owned subsidiary, CRH, has completed an accretive transaction of a 51% stake in North Denver Anesthesia Associates, LLC (“NDAA“), a provider of gastrointestinal (GI)

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