Tag: Financial Management

Telesurgery possibilities becoming more than remote

Remote surgery has come a long way since the first-ever case in 2001, when a surgeon in New York City operated on a patient in Strasbourg, France. No longer a product of science fiction, telesurgery’s advance promises to change—and save—countless lives, from patients in remote areas to those in warzones…

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By: Steven John Cumper, B.App.Sc. (Osteo), M.Ost.
May 14, 2025
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ASCA 2025: Leading lawmaker reflects on surgery center priorities

Editor's Note At the 2025 Ambulatory Surgery Center Association (ASCA) conference, discussion of legislative priorities extended beyond educational sessions. Thanks to a visit from the ranking lawmaker of the congressional subcommittee responsible for most healthcare policymaking, attendees also got first-hand insight into the latest negotiations on Capitol Hill. US Representative…

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By: Matt Danford
May 6, 2025
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ASCA 2025: How accounting becomes an ASC revenue generator

Editor's Note Terry A. Bohlke, MSHA, CPA, CMA, CASC, emphasized that Rocky Mountain High Surgery Center is a pseudonym “to protect the innocent,” but the numbers he presented at the 2025 Ambulatory Surgery Center Association (ASCA) Conference & Expo in Denver last week were real enough. Based on actual scenarios…

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By: Matt Danford
May 6, 2025
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Proactive strategies help healthcare supply chains withstand tariff pressures

Editor's Note Tariffs on medical equipment and supplies continue to climb—a situation that calls for action on the part of healthcare organizations, according to an April 23 article from nonprofit safety organization ECRI. The article highlights ten proactive steps organizations can take to protect both care quality and the bottom…

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By: Matt Danford
April 28, 2025
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Market volatility threatens hospitals’ liquidity as tariff-driven costs rise

Editor's Note Tariff-fueled market volatility is jeopardizing the investment returns that nonprofit hospitals rely on to bolster liquidity, manage debt, and weather ongoing operational headwinds, according to an April 16 report in Fierce Healthcare. As detailed in the article, hospitals face a dual threat: higher direct costs on supplies and…

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By: Matt Danford
April 18, 2025
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Tariffs strain supply chains, split medical manufacturing community

Editor's Note President Donald Trump’s latest round of tariffs—especially steep duties on Chinese imports—has sharply divided the medical community, with device manufacturers urging exemptions while some US-based PPE producers cheer the protectionist move. CNBC reported the news April 16. The tariff rate on China is 145%, the outlet reports, while…

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By: Matt Danford
April 17, 2025
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Health system mega-mergers fall short amid cost, quality concerns

Editor's Note Chasing size through mega-mergers no longer guarantees sustainability for health systems, according to an April 15 article in HealthLeaders. Many of the nation’s largest systems are reporting significant losses, while emerging evidence links consolidation to stagnant or declining care quality and worsening workforce challenges. The article highlights financial…

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By: Matt Danford
April 15, 2025
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Hospital M&A activity drops to historic low amid economic and policy uncertainty

Editor's Note A sharp drop in 2025 brings hospital and health system mergers and acquisitions to their lowest point in years, according to Kaufman Hall’s most recent Mergers and Acquisitions Quarterly Activity Report. Just five transactions were announced in Q1, a steep decline attributed to widespread economic volatility, concerns over…

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By: Matt Danford
April 10, 2025
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CSA taps Milagro’s AI coding to accelerate revenue cycle across ASC network

Editor's Note Constitution Billing and Financial Services (CBFS), the revenue‑cycle arm of Constitution Surgery Alliance (CSA), has signed a commercial agreement with health tech startup Milagro to deploy its autonomous medical‑coding platform across CSA’s 26 partnered and managed ambulatory surgery centers (ASCs). The partnership was announced in an April 4 CSA press…

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By: Tarsilla Moura
April 9, 2025
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Cardiology efficiency, orthopedic revenue surge as ASCs navigate growing complexity

Editor's Note HST Pathways’ most recent industry report, discussed on the Advancing Surgical Care Podcast by HST CEO David Thawley and Bill Prentice, CEO of the Ambulatory Surgery Center Association (ASCA), offers insights into cardiology and orthopedic procedures done in ambulatory surgery centers (ASCs) in 2024, Ambulatory Surgery Center News…

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By: Tarsilla Moura
March 26, 2025
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