ASC Transactions & Valuation Issues
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Physician groups are being snapped up — 5 reasons why
As costs rise and the industry increasingly consolidates, physician practices are increasingly looking to hospitals, health systems and commercial groups for financial security, according to a report published June 7 by the American Hospital Association. -
ValueHealth strikes joint venture to develop Florida ASC
Kansas City-based ValueHealth has partnered with Naples, Fla.-based NCH Healthcare System to develop a 12,000-square-foot ASC in Naples on the NCH Baker Hospital campus. -
Physicians are losing power. Here's why.
Harry Severance, MD, an adjunct assistant professor at Durhan, N.C.-based Duke University School of Medicine, joined Becker's to discuss how physicians increasingly moving to employed models has shifted the workforce to what he calls a "seller's market." -
Inova Health acquires another physician group: What ASC leaders should know
Falls Church, Va.-based Inova Health System has acquired another local specialty physician practice, expanding its footprint and services, according to a June 6 report from the Washington Business Journal. -
USPI ahead of competition in total ASCs, physicians
While there are several major ASC management and partnership companies in the U.S. — including SCA Health, Atlas Healthcare Partners and AmSurg — one company is outpacing the rest in size and patient encounters. -
Why major ASC chains are primed to dominate the market
Thirty percent of the ASC industry is owned and operated by big surgery center chains, according to VMG Health's "Annual Healthcare M&A Report 2023." -
18 statistics on ASC valuations
ASC valuation multiples have been fluctuating in transactions over the last year, according to a report from VMG Health's Annual Healthcare M&A Report 2023. -
Why Optum's lack of 'checks and balances' concern 1 CEO
According to Michael Meyers, president and CEO of Manhasset, N.Y.-based medtech company Meyers & Gerard Medical, Optum's quick growth and acquisition of physician groups is a cause for concern. -
Optum's strength in 5 stats
Optum, parent company of ASC chain SCA Health, is the largest employer of physicians in the country. -
Dr. Amish Oza buys former Midwest Spine & Pain building for $1.85M
Amish Oza, MD, medical director of Marion, Ohio-based Midwest Internal Associates, has purchased an 8,500-square-foot medical office building that formerly housed Midwest Spine & Pain for $1.85 million, according to a June 1 report from Columbus Business First. -
Consolidation in the ASC industry: 3 stats to know
Although the ASC industry is slowly consolidating, the industry as a whole has remained independent amid increasing healthcare consolidation. -
USPI in 5 stats
Dallas-based United Surgical Partners International is the largest ASC chain in the country. -
Healthcare is increasingly consolidating: 10 new partnerships to know
Here are 10 new partnerships between healthcare organizations, physician groups and more to know, as reported by Becker's in May. -
Orlando Health buys medical office building from Walgreens for $4.1M
Orlando (Fla.) Health has purchased a two-story medical office building from pharmaceutical chain Walgreens for $4.1 million, according to a May 31 report from the Orlando Business Journal. -
Medical office investor buys undeveloped Arkansas plot for $6.1M
About 9.3 acres of undeveloped commercial land in Rogers, Ark., has sold for $6.1 million to medical office building investor Prime Medical Investment, an affiliate of Texas-based Prime Healthcare Properties, according to a May 30 report from Talk Business & Politics. -
Northwell Health to occupy 16K-square-foot ASC at Walmart-anchored shopping center
New Hyde Park, N.Y.-based Northwell Health is set to fill three open spaces at a Yaphank, N.Y., strip mall anchored by a 198,000-square-foot Walmart Supercenter, according to a May 25 report from The Real Deal. -
The 'real' danger of consolidation
Anthony Sclafani, MD, director of facial plastic surgery and otolaryngology professor at Weill Cornell Medicine in New York City, joined Becker's to discuss the benefits — and disadvantages — of consolidation. -
Retail giants snap up clinic market share: 5 things to know
As care delivery continues to become more consumer-centric, several big retailers are looking to secure a place in the retail clinic market, according to a May 18 blog post from Definitive Healthcare. -
3 major ASC moves in 3 weeks
Here are three big ASC moves that Becker's has reported on since April 28: -
Connecticut health system acquires 2 ASCs, can't charge facility fees
Hartford HealthCare has been approved to acquire two ASCs in Connecticut, the Hartford Business Journal reported May 12.
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