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261. Kaiser Permanente's ASC strategy: 3 moves to know
... a medical office building in Santa Clarita, Calif., for $67 million — 30% less than what it sold for in 2014. 2. Kaiser acquired 507,237 square feet of medical office space in Washington, D.C., for ...26 January 2024 -
262. 5 healthcare deals ASCs are eyeing
... equity platform, is funding the investment, along with Compass' existing investor Health Velocity Capital. 3. Surgery Ventures, HCA Healthcare's ASC business acquired a majority interest in two Texas ...26 January 2024 -
263. Amazon's charge into healthcare: How it got here
... and coordinate medication purchases. The company also acquired online pharmacy service PillPack for approximately $1 billion. In 2019, Amazon launched Amazon Care, a healthcare program to offer its ...26 January 2024 -
264. ASC activity in the South: 3 notes
Here are three updates on ASC activity in the South that Becker's has reported on since Jan. 17: 1. Surgery Ventures, HCA Healthcare's ASC business, acquired a majority interest in two Texas ASCs. 2. ...26 January 2024 -
265. The health systems diving headfirst into the ASC industry
... acquired a minority interest in three of Methodist's ASCs and manages them. The company plans to expand the health system's footprint in North Texas by acquiring and developing new ASCs. As the benefits ...25 January 2024 -
266. HCA's Surgery Ventures acquires majority interest in 2 Texas ASCs
Surgery Ventures, HCA Healthcare's ASC business, has acquired a majority interest in two Texas ASCs. Both ASCs are now affiliated with Medical City Healthcare, which is part of HCA Healthcare, according ...22 January 2024 -
267. Physician group to sell or close
Nampa, Idaho-based Saltzer Health is planning to sell or shut down by March 29. The physician group, which was acquired by Salt Lake City-based Intermountain Health in October 2020, cited in a Jan. ...22 January 2024 -
268. What rising physician pay means for ASCs
... wages are on the rise, with starting pay up in 12 specialties this year. As private equity continues to expand in the ASC space and smaller facilities get acquired by larger health systems, remaining ...19 January 2024 -
269. 5 numbers keeping private practice physicians up at night
... January 2019 and 2021, according to the Avalere report. 36,200. The number of physician practices that were acquired between 2019 and 2021, according to Avalere. 13 percentage points. The decline ...18 January 2024 -
270. What this ASC leader thinks about hospitals' return to masking
... safe places where patients and their relatives are safe from hospital acquired infections. Most hospitals have been bringing back masks due to increases in respiratory illnesses in their regions. We all ...18 January 2024 -
271. 3 medical office buildings in unusual places
... planning board approved a three-story medical office building at the former Pease Air Force Base. 2. Bethlehem, Pa.-based St. Luke's University Health Network acquired the site of the former Frederick' ...17 January 2024 -
272. MultiCare plans to acquire Washington ASC
Tacoma, Wash.-based MultiCare Health System has made plans to acquire Astria Ambulatory Surgical Center in Yakima, Wash., Yakima Herald-Republic reported Jan. 12. The surgical center is currently licensed ...12 January 2024 -
273. Are 'monopolizing' entities eroding physician independence?
... practices are being bought out or acquired in a trend that is sweeping across this nation (now 90,000 strong) with Optum. Two things about it bother me more than any other: This increasingly leads to loss ...12 January 2024 -
274. 5 numbers on how private equity affects patient care
... published Dec. 26 in JAMA found that patients at private equity-associated hospitals had 25.4% more hospital-acquired conditions; that number primarily was driven by falls and central line-associated bloodstream ...11 January 2024 -
275. St. Luke's to convert $8.25M flower shop into medical office building
Bethlehem, Pa.-based St. Luke's University Health Network has acquired the site of the former Frederick's Flowers & Gifts in Hilltown Township, Pa., for $8.25 million and plans to convert the property into ...11 January 2024 -
276. GI practice transactions down in 2023
Since 2016, gastroenterology practices have undergone a wave of consolidation as private equity-backed companies, including Gastro Health and United Digestive, have acquired hundreds of providers nationwide. ...11 January 2024 -
277. The workforce trends scaring physicians
... vertical integration sweeping the healthcare industry. Physician practices are being bought out or acquired in a trend that is sweeping across this nation (now 90,000 strong) with Optum. Two things about ...10 January 2024 -
278. 5 private equity firms with a hand in healthcare to watch
... filing for Chapter 11 bankruptcy in May. KKR acquired Covenant in 2017. Shore Capital Partners This private equity firm, with offices in Chicago and Nashville, Tenn., works exclusively with small ...10 January 2024 -
279. Optum, SSM end partnership
... a total of 20,000 physicians and acquired three physician groups in 2023, ending the year with nearly 90,000 affiliated physicians. Optum's ASC operator branch, SCA Health, now has more than 320 surgical ...04 January 2024 -
280. New Jersey medical office building sold for $24M
A medical office building in Jackson, N.J., was acquired by real estate firm Horizon Equities for $24 million, according to a Jan. 4 report from NJBiz. The 150,000-square-foot, three-story building ...04 January 2024