Volume IV, Issue 5

Jan. 30, 2017
Florida medical group files for bankruptcy    
WH
Ayla Ellison, in a January 26, 2017 Becker's ASC post, reports:

Aventura, FL-based Advanced Neuro Spine Institute, a medical group specializing in neurology, neurosurgery and pain management, filed for Chapter 11 bankruptcy Wednesday.

ANSI, which has offices across South Florida in Aventura, Kendall, Hialeah, Fort Lauderdale and Fort Pierce, said in its bankruptcy petition that it has no more than $50,000 in assets. The medical group said it has at least 100 creditors and liabilities of up to $10 million.

WIM
Although touted as a formula for surviving and thriving in a new healthcare era, building a multi-site specialty practice is fraught with risk.
Appellate Ruling Revives Lawsuit Over Horizon BCBS Breach 
WH
Gavel
Evan Sweeney reports in a Jan. 24, 2017 Fierce Healthcare post:

An appellate court ruling has breathed new life into a class-action lawsuit against Horizon Blue Cross Blue Shield over a healthcare data breach in 2013 that exposed more than 800,000 patient records.

The United States Court of Appeals for the Third Circuit vacated a district court's 2015 dismissal and remanded the case, arguing that although the four plaintiffs had not presented evidence that their information was used improperly, the fact that their personal information was stolen was enough to warrant a potential injury under federal law.

WIM
According to the author:

Cybersecurity continues to be a major theme heading into 2017 as the healthcare industry struggles to keep pace with threats. Lawsuits have been an ongoing battle for CIOs across several industries in the fallout of data breaches.
Healthcare leaders to Trump: Don't stop the push for value-based care     
WH
In a letter sent to President Donald Trump and VP Mike Pence on 1/24/17, dozens of healthcare leaders lay out the case for why Value-Based Care initiatives should be continued.

WIM
Value-Based Care has been around for at least 15 years and has bi-partisan support. Having a physician (orthopaedic surgeon Dr. Tom Price) as HHS Secretary should give most physicians cause for hope. That said, the new administration does create a degree of uncertainty.

See related:
Why Dr. Tom Price is the Right Pick for HHS Chief
The Hill

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Florida Health Industry Week in Review is published every Monday by FHIcommunications

Each Monday morning we share the top healthcare headlines of the previous week and summarize What Happened (WH) and Why It Matters (WIM).

To learn how you can join our team of editorial contributors, contact Jeffrey Herschler.
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