Practice Management
The for-profit Ardent Health system closed its initial public offering about a month ago and said in a press release that it intends to use the net proceeds from the offering for working capital and to acquire complementary businesses. As it turns out, Ardent is targeting urgent care investment as its “most immediate focus” for the second half of the year—both de novo and acquisition deals—according to Modern Healthcare. Already this year, the organization has …
Read MoreBack in the day, you probably would have been right to assume that the closest urgent care center was founded, owned, and run by a physician. Many other practices (primary care, pediatric…) would have been the same. Well, times have changed in a big way. The mavericks who simply wanted to find a better, more sensible way of practicing medicine and wound up creating a new industry are now employees of national and regional health …
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Urgent care centers are distinct from emergency rooms by virtue of the amount of time patients can expect to wait, cost, and the acuity of care offered. A federal court in Rhode Island determined that, at least in one case, they can be held to the same requirements of the Emergency Medical Treatment and Active Labor Act (EMTALA) as hospital emergency departments, though. Friedrich, et al v South County Hospital Healthcare System, et al centered …
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