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)
U.S. Economy Becoming `Increasingly Solid': Lacaille
Jan. 29 -- The U.S. economy is becoming "increasingly solid," according to Richard Lacaille, chief investment officer at State Street Global Advisors Inc.
He spoke in an interview with Jonathan Ferro on Bloomberg Television's "On the Move." (Source: Bloomberg)
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