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121. Massachusetts medical office building sold for $2M
... by Reliant Medical Group. It was acquired by Milford Downtown, which is managed by Patrick Assioun, DMD. Dr. Assioun is the founder and CEO of Passion Dental Services, a DSO that supports offices in Massachusetts, ...08 March 2024 -
122. Where Tenet is selling hospitals
... The deal includes Tenet Health Pacific Coast's Fountain Valley Regional Hospital, Lakewood Regional Medical Center, Los Alamos Medical Center and Placentia-Linda Hospital. The ASCs set to be acquired by ...07 March 2024 -
123. Walgreens shutters clinics, exits 3 states: What ASCs need to know
... close around 60 clinics in 2024. In January 2023, it acquired the physician group Summit Health-CityMD for $8.9 billion, adding more than 2,800 providers to its ranks. In March, VillageMD acquired a ...07 March 2024 -
124. 13 East Coast medical office buildings changing hands in 2024
... to build a medical office building. 3. Kings Row Medical Properties acquired a medical building with two ASCs in Bridgewater, N.J., for $10.5 million. 4. Healthcare real estate firm Flagship Healthcare ...06 March 2024 -
125. CardioOne earns private equity backing
Private equity company WindRose Health Investors has acquired Houston-based CardioOne. CardioOne, which launched in 2023, helps cardiologists transition to value-based care with technology and administrative ...06 March 2024 -
126. Novant Health takes majority ownership of spine, GI ASCs
Winston-Salem, N.C.-based Novant Health took majority ownership of two ASCs in Mount Pleasant, S.C., ABC 4 reported March 4. The health system acquired stake in Southeastern Spine Institute's Ambulatory ...04 March 2024 -
127. Tenet's sell-off spree continues
... that Tenet is "very confident in the long-term growth rates of this business" and USPI has "consistently acquired centers at attractive valuations and achieved post synergy multiples to below five times ...29 February 2024 -
128. CVS Health: Where it's been and where it's goi
CVS is best known as a retail pharmacy, however, the company has expanded its scope in healthcare in recent years. The company made headlines in 2018 when it acquired national insurance giant Aetna ...29 February 2024 -
129. HCA's ASC arm has a busy start to 202
... January opening of Silicon Valley Surgery Center in Campbell, Calif. In January, Surgery Ventures announced that it acquired a majority interest in two Texas ASCs in the fall of 2023. The company now ...27 February 2024 -
130. 10 states with the highest paying small businesses
While ASCs are more frequently getting acquired by large health systems, there are still a number of privately owned ASCs in the nation. Small businesses, including ASCs, with 10 to 19 employees pay ...27 February 2024 -
131. 8 GI partnerships, acquisitions to keep an eye on
... Washington, Virginia, Ohio, Maryland and Massachusetts, finalized a partnership with Gastroenterology and Nutrition Specialists in Orlando, Fla. Global manufacturer and distributor Cardinal Health acquired ...20 February 2024 -
132. Where ASC transactions are heating up
... acquired two ASCs in Connecticut. Hartford HealthCare acquired 70.6% of Trumbull, Conn.-based Surgery Center of Fairfield County and 51% of Torrington, Conn.-based Litchfield Hills Surgery Center. 3. ...16 February 2024 -
133. US' top 5 large health systems per Fortune, PINC
... mortality was 20.8% lower for winning systems compared to their non-winning peers, and healthcare-acquired infections were 20.7% lower. The top five large health systems in the U.S.: 1. Mayo Clinic ...16 February 2024 -
134. 1 year after Amazon-One Medical deal finalized: What's happened sinc
... One Medical. 9. Also in October, One Medical introduced a rebranding initiative for the senior care clinics. Iora Health senior care clinics, which Amazon acquired in 2021, will now be renamed One Medica ...15 February 2024 -
135. Amazon, Optum, CVS, Walmart and Walgreens: Top contenders in the race to acquire physicians
... to acquire Baton Rouge, La.-based Amedisys, a home health and hospice provider for $3.3 billion. In February, Optum acquired Middletown, N.Y.-based multispecialty physician group Crystal Run Healthcare ...14 February 2024 -
136. ASC leaders lean into spine for growth opportunities
... total joint procedures and trialed or acquired multiple total joint robots in the last two years. Our biggest limitation at this time is scheduling time and space, so we are looking into options to increase ...14 February 2024 -
137. Inside USPI's skyrocketing growth
Dallas-based United Surgical Partners International, Tenet Healthcare's ASC arm, is the largest ASC chain in the country, with interest in 461 ASCs and 24 surgical hospitals throughout 35 states. The ...13 February 2024 -
138. 5 Cardinal Health updates in 3 months
... in November. 5. Cardinal Health acquired Specialty Networks, a technology-enabled group purchasing and practice enhancement organization, for $1.2 billion. Specialty Networks' partners include UroGPO, ...13 February 2024 -
139. ASCs in 2023: A Year in Review
... All-Star Orthopaedics, with four clinic locations, and OrthoTexas Physicians and Surgeons, PLLC, operating five clinics and one surgery center, were both acquired by the UMP platform. In August, UMP expanded ...13 February 2024 -
140. $2.4B+ worth of healthcare deals to know
Here are five healthcare partnerships, acquisitions and mergers that ASC leaders should know, as reported by Becker's since Jan. 30: 1. Kings Row Medical Properties acquired a medical building housing ...12 February 2024