ASC Transactions & Valuation Issues
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Why physicians are selling to hospitals
The percentage of physicians who work in private practice has decreased from 60.1 percent in 2012 to 46.7 percent in 2022, according to recently released analysis of 10 years of data on physician practice arrangements conducted by the American Medical Association. -
3 physician group acquisitions shaping the industry
Here are three physician group acquisitions shaping the healthcare industry: -
The No Surprises Act Causes Growth in Anesthesia Coverage Payments at ASCs: What You Need to Know
The No Surprises Act was a landmark piece of legislation aimed at protecting patients from unexpected medical bills.1 Although the law is a significant step forward for patient protection, it has resulted in a significant increase in financial support requests from anesthesia providers who serve patients at ambulatory surgery centers (ASCs). This article will outline the hallmarks of the act, its impact, and the operational and compliance considerations for ASCs that need to implement coverage arrangements with their anesthesia groups. -
Largest ASCs by operating rooms
Miami-based Bayside Ambulatory Surgery Center is the largest individual ASC or individual ASC company by number of operating rooms, according to an Aug. 18 report from Definitive Healthcare. -
San Jose medical office building sells for $9M
A medical office building in San Jose, Calif., has sold for $9 million, according to an Aug. 18 report from REBusiness Online. -
4 hospitals closing departments or ending services
Here are four hospitals closing departments or ending services since Aug. 1: -
Amazon further disrupts healthcare: 8 moves to know
Amazon and other retailers are continuing to look at healthcare for growth. -
Optum spent $2B on a physician group in 2022. What have they done since?
In August 2022, UnitedHealth Group's Optum acquired Houston-based multispecialty physician group Kelsey-Seybold for around $2 billion. Since the deal, Optum has zeroed in on making big moves in the physician and value-based care space. -
USPI continues to pull away from competitors
Dallas-based United Surgical Partners International, the ASC chain of Tenet Healthcare, is the largest ASC chain in the country, with more than 475 centers. -
ASCs, physicians 'very attractive' to investors: 5 trends from KPMG
There were 245 healthcare mergers and transactions in the second quarter, 7 percent below the deal average last year and 41 percent lower year over year, according to a KPMG report. -
USPI, HCA and Surgery Partners further consolidate: 9 moves in 2023
The ASC industry, like the rest of healthcare, is increasingly consolidating. -
7,190-square-foot Dallas medical office building sold
A 7,190-square-foot medical office building in Dallas has sold, according to an Aug. 9 report from REBusiness Online. -
Michigan State University spends $48M on medical office buildings
East Lansing-based Michigan State University has purchased two medical office buildings for $48 million, according to an Aug. 8 report from the Lansing State Journal. -
30K-square-foot Rhode Island medical office building sold
A 30,000-square-foot medical office building in Providence, R.I., has been acquired by Sendero Capital and Angelo Gordon, according to an Aug. 4 report from Commercial Property Executive. -
Centene vs. Elevance vs. Humana in Q2
Three of the U.S.' largest payers: Centene, Elevance Health and Humana, each had successful second quarters, seeing larger profits year over year. -
Surgery Partners' biggest deals of 2023
Surgery Partners has made several major moves to further it's growth throughout 2023. -
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.
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