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USPI vs. SCA Health vs. Surgery Partners in Q2
Here are nine financial notes from three of the largest ASC chains for the second quarter of 2023: -
CVS Health shakes up operations: 3 things to know
CVS Health is looking to make some big changes, from job cuts to building more Oak Street clinics. -
3 major deals ASCs should keep an eye on
Here are three deals from Surgery Partners, Optum and AmSurg that Becker's has reported on since May 23: -
How USPI is carrying Tenet's growth
Dallas-based Tenet Healthcare's ASC chain, United Surgical Partners International, is driving the company's growth with a 22.2 percent revenue increase in the second quarter year over year. -
How USPI's $1.2B acquisition of SurgCenter Development's ASCs is going
Dallas-based ASC chain United Surgical Partners International announced it would acquire more than 90 ASCs from SurgCenter Development for approximately $1.2 billion in November 2021. -
Surgery Partners net income hits $18.9M, 15 new facilities in the works
Surgery Partners reported increased net income for the second quarter of 2023 and raised its full year adjusted EBITDA guidance. -
Orlando Health adds 2 ASCs through new partnership
Orlando (Fla.) Health has expanded in the state through a new partnership with Zephyrhills-based Florida Medical Clinic, a multispecialty physician group with 54 locations, 350 providers and 40 medical specialties. -
The decline of private practice physicians: 5 stats
Here are five numbers to know about trends regarding private practice: -
USPI quarterly revenue hits $942M: 5 notes
Tenet Healthcare's second quarter net income hit $123 million, according to its financial report published July 31. -
192K-square-foot Georgia medical office building sold
A medical office building portfolio spanning two buildings and 192,363 square feet in Fayetteville, Ga., has sold, according to a July 31 report from REBusiness Online. -
Wellstar earns approval to take over Augusta U Health System after announcing plans to fund new ASC
In March, Marietta, Ga.-based Wellstar Health System and Augusta (Ga.) University Health System signed a 40-year partnership agreement in which Wellstar agreed to provide $800 million to the university over 10 years, with part of the funding going toward a new ASC. -
Tenet acquired Baylor's 5% stake in USPI for $406M 1 year ago — what's happened since?
At the end of the second quarter in 2022, Dallas-based Tenet paid $406 million to acquire Dallas-based Baylor Scott & White Health's 5 percent equity position in USPI. -
The evolution of ASC chain power
ASC chains have continued to grow over the past few years — here's how. -
Optum, Surgery Partners further consolidate
UnitedHealth Group's Optum, parent company of ASC chain SCA Health, based in Deerfield, Ill., has been on a spending spree, making several massive deals in 2023. Brentwood, Tenn.-based Surgery Partners, meanwhile, spent almost $250 million to acquire ASCs last year and is planning for more in 2023. -
Meet the forces battling for ASC market share
While the ASC industry is largely fragmented, five major groups control a solid chunk of the market share, according to the VMG Health's "2023 Healthcare M&A Report." -
The downfall of physician staffing groups: What ASCs need to know
Physician staffing firms have been hit by economic pressure and high margins, causing one to file for bankruptcy and another to shut down. -
USPI's dramatic growth
United Surgical Partners International has more than 475 surgery centers, making it the largest ASC chain. -
How 4 ASC chain giants gained power
From acquisitions to new deals, here is how four major ASC chains have recently gained power. -
American Physician Partners closing: What ASCs need to know
Medical staffing company American Physician Partners is closing and will transition to its hospital contracts. -
12K-square-foot Houston ASC building sold
A 12,521-square-foot ASC in Houston has been sold by Ellington Properties, according to a July 17 report from REBusiness Online.
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