Surgical Centers Enrich Doctors, Irk Insurers

July 19 (Bloomberg) -- Surgeons Shahram Gholami and Jeffrey Kanel, and J. Edward Neugebauer, chief of litigation for Aetna Inc., talk with Bloomberg's Peter Waldman about Bay Area Surgical Management LLC. The out-of-network surgery centers charge rates that are as much as 35 times higher than in-network facilities. Aetna Inc. sued Bay Area Surgical in February, claiming it has reaped "illegal and exorbitant profits" through fraud. Saratoga, California-based Bay Area Surgical runs seven surgery centers in the San Francisco Bay Area and an eighth in Doral, Florida. (Source: Bloomberg)
Samsung Profit Misses Estimates on Weak S6 Sales
39:58 - Samsung profit has missed estimates on weaker S6 smartphone sales. Operating income has fallen for seven straight quarters as shortages of new smartphone models made it harder to lure customers back from the iPhone. Bloomberg's Yvonne Man reports on "First Up." (Source: Bloomberg)
  • The Top Three Stocks to Watch in Asia Today
  • Xiaomi, Huawei, Lenovo Pressuring Samsung: Peng
  • I'm Optimistic Greece Will Strike a Deal: Katrougalos