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21. Cardiology of Virginia patient data uploaded to dark web
Ransomware syndicate RansomHub claims that it has acquired one terabyte of patient data from Midlothian-based Cardiology of Virginia, according to an Oct. 23 report from DataBreaches.net. RansomHub ...24 October 2024 -
22. A new 'Costco' ASC model that bypasses private equity
... to fall, acquire new infections, or experience other forms of harm during their hospital stay after it is acquired by a private equity firm." "Our model keeps management in place, lowers costs and offer ...23 October 2024 -
23. 5 deals, closures disrupting physicians
... have been forced to close. 5. In March, Nampa, Idaho-based Saltzer Health closed down. The physician group, which was acquired by Salt Lake City-based Intermountain Health in October 2020, cited in ...23 October 2024 -
24. Is Optum's rumored Surgery Partners deal a 'step toward monopolization' of ASCs?
... Bain acquired HIG Capital’s stake in Surgery Partners. The ASC industry is largely fragmented, with roughly 68% of ASC facilities operating independently as of 2023, according to a 2024 report from VMG ...21 October 2024 -
25. Recent moves by the 5 biggest ASC chains
... for a total of $3.9 billion. The company acquired 45 new centers in Q1 when it quietly purchased ASC chain Covenant Physician Partners. 2. SCA Health, owned by Optum (Deerfield, Ill.) In May, ...18 October 2024 -
26. Amid Walgreens and CVS Health closures, major retail chains face headwinds
... stores and reduce its stake in primary care chain VillageMD, which it acquired in 2021 in a $5.2 billion deal. Walgreens is also considering selling its entire stake in VillageMD, according to an Aug. ...17 October 2024 -
27. Could a new wave of physicians return to private practice?
... in health system-led practices. Anecdotally, physician practices that have been acquired have faced issues in supply access. HCA Healthcare is facing mounting pressure to give up control of Asheville, ...15 October 2024 -
28. Walgreens to close 1,200 stores: 10 things ASCs need to know
... primary care chain VillageMD, which it acquired in 2021 through a $5.2 billion deal. 8. VillageMD also plans to pull out of several states in 2024, including Illinois, Indiana, Florida and Nevada. To ...15 October 2024 -
29. Physician practices' swinging pendulum of investment
... more heavily in its ASC line through USPI. In addition, SCA Health acquired at least two cardiovascular groups and received approval to bypass a state review of its planned purchase of physician-owned ...14 October 2024 -
30. 5 private equity updates from Q3
... with UnitedHealth Group's Optum and several other PE groups. 3. Nashville, Tenn-based ASC management company SurgNet Health Partners, backed by private equity, acquired Tuscaloosa (Ala.) Endoscopy Center, ...08 October 2024 -
31. The latest on Steward Health Care
... during an Oct. 3 hearing. 3. Three Steward hospital acquisitions were finalized Oct. 4. R.I.-based Lifespan acquired Taunton, Mass.-based Morton Hospital and Fall River, Mass.-based St. Anne's Hospital. ...08 October 2024 -
32. Could private equity scrutiny stifle ASC development?
... A widely cited 2023 study published in JAMA found that patients are "more likely to fall, acquire new infections, or experience other forms of harm during their hospital stay after it is acquired by a ...07 October 2024 -
33. Indiana physician awarded $2M lawsuit against Ascension
... Ascension allegedly canceled his professional liability insurance on Aug. 28, 2020, a day after firing him, rendering him unable to practice medicine until he acquired a new plan. His partner, Kevin ...07 October 2024 -
34. Bain, Evergreen join venture buys 60K-square-foot Oregon medical office
Investor firm Bain Capital and real estate operator Evergreen Medical Properties have acquired a 60,000-square-foot outpatient facility in Portland, Ore. The joint venture between Bain and Evergreen ...07 October 2024 -
35. 5 multimillion-dollar MOBs in September
... N.C-based Novant Health plans to open a two-story outpatient facility in a former Verizon Wireless call center in Wilmington, N.C. Healthcare real estate firm Flagship Health Properties acquired the 153,526-square-foot ...04 October 2024 -
36. Capital Healthcare Properties, HSG Medical to open cardiology ASC in Illinois
... outpatient ambulatory surgery treatment center. Construction is slated to begin later this year, with patients being welcomed in 2026. The two organizations also acquired a four-story, 80,000-square-foot ...03 October 2024 -
37. 5 deals disrupting the ASC industry in Q3
... Partners acquired Tuscaloosa (Ala.) Endoscopy Center. The center has provided gastrointestinal diagnostic and therapeutic endoscopic procedures in the area for more than 40 years. Since SurgNet's launch ...03 October 2024 -
38. 12 hospital sales in 10 days
... Brookwood Baptist Health and its five hospitals to Orlando (Fla.) Health. 2. San Antonio-based Methodist Healthcare acquired San Antonio Rehabilitation Hospital from NewEra IRF Holdings, an integrated ...03 October 2024 -
39. Tenet's asset sell-off continues as ASC development surges
... year, the health system sold nine hospitals in California and South Carolina for a total of $3.9 billion. But the system's ASC arm keeps growing. USPI acquired 45 new ASCs and quietly purchased ASC ...02 October 2024 -
40. 17 ASCs in September
... for a former office building in Yonkers, N.Y. The facility was acquired by Simone Development Companies in October 2023. 9. Cleveland Clinic Children's opened a new medical office building in Akron, ...01 October 2024