Two Chattanooga medical practices merged with larger companies recently, following national trends of medical consolidation to survive healthcare changes, according to the Times Free Press.
Anesthesiologists Associated joined MEDNAX, a national anesthesia service provider, and Chattanooga Oncology & Hematology joined Tennessee Oncology, a regional cancer care group.
Consolidation helps practices combine resources and expertise to run more efficient businesses. It may also be easier for consolidated specialty groups to meet government regulations and reimbursement guidelines, according to the report.
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Anesthesiologists Associated joined MEDNAX, a national anesthesia service provider, and Chattanooga Oncology & Hematology joined Tennessee Oncology, a regional cancer care group.
Consolidation helps practices combine resources and expertise to run more efficient businesses. It may also be easier for consolidated specialty groups to meet government regulations and reimbursement guidelines, according to the report.
More Articles on Anesthesia:
Anesthesiologist Dr. Guy Taylor Elected to Morristown Medical Center Board of Trustees
Study: Infants Most Often Trigger Emergency Anesthesia Alerts
Study: Colonoscopy Success Not Associated With Anesthesiologist, CRNA Supervision