CMS has unveiled an advanced model for accountable care organizations to start in the summer and is also seeking comment on yet another ACO model that would provide start-up funding, according to a release by CMS.
Integration & Physician Issues
St. John Hospital in Leavenworth, Kan., and Providence Medical Center in Kansas City, Kan., have acquired an imaging and physician practice, according to a Kansas City Business Journal report. The two hospitals, under Sisters of Charity Leavenworth Health System, acquired…
Swedish Covenant Hospital in Chicago has broken ground on a new ambulatory surgery center and medical office building on its campus, according to a report from the Lincolnwood Review, a Chicago Sun-Times publication.
Members of the Massachusetts Legislature's Joint Committee on Health Care Financing are considering a proposal by Gov. Deval Patrick that would encourage healthcare providers to establish accountable care organizations to coordinate care, according to a Boston Globe report.
Arlington Heights, Ill.-based Alexian Brothers Health System will acquire Cardiovascular Associates, a 17-physician practice based in Elk Grove Village, Ill., according to a Chicago Tribune TribLocal report. The agreement between the hospital group and practice is expected to be finalized…
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Physician groups with fewer physicians had higher turnover rates in 2010, according to the 2010 Physician Retention Survey published by Cejka Search and the American Medical Group Association.
Muskegon, Mich.-based Mercy Health Partners has acquired West Shore Cardiology in Muskegon, according to a Muskegon Chronicle report.
The current estimated start-up and first-year costs to establish and sustain core competencies for accountable care organizations are higher than the original estimate of $1.8 million by the Centers for Medicare & Medicaid Services in its proposed rule, according to…
St. Petersburg, Fla.-based St. Anthony’s Health Care has entered a deal to acquire Suncoast Medical Clinic, a physician-owned group of nearly 50 physicians also in St. Petersburg, according to a system news release. The affiliation creates a closer collaboration, offering…
Gail Wilensky, CMD administrator under President George H.W. Bush, said CMS' proposed rules for accountable care organizations have "all the hallmarks of a party that nobody comes to, unless there is a serious rethinking," according to a report by the…