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281. Texas is an ASC hotspot: 3 moves to know
... partnership with Dallas-based Methodist Health System, its third in 2023. Through the partnership, Surgery Partners acquired a minority interest in and will manage three of Methodist's ASCs. The company ...03 August 2023 -
282. Surgery Partners net income hits $18.9M, 15 new facilities in the works
... partnered with Dallas-based Methodist Health System and acquired minority interest in three of the system's centers. 5. The company deployed around $60 million in capital during the second quarter and ...02 August 2023 -
283. Surgery Partners adds 3rd strategic health system partner
... Health and Columbus-based Ohio Health earlier this year. Through the partnership, Surgery Partners acquired a minority interest in and will manage three of Methodist's ASCs, according to a company ...02 August 2023 -
284. Tenet acquired Baylor's 5% stake in USPI for $406M 1 year ago — what's happened sinc
At the end of the second quarter in 2022, Dallas-based Tenet paid $406 million to acquire Dallas-based Baylor Scott & White Health's 5 percent equity position in USPI. With the move, Tenet now owns ...28 July 2023 -
285. The evolution of ASC chain power
... in its network. SCA Health serves 1.43 million patients annually. Surgery Partners Surgery Partners has 127 surgery centers. The company acquired Kansas Spine & Specialty Hospital in Wichita, ...28 July 2023 -
286. Optum, Surgery Partners further consolidate
... hospice provider Amedisys. In February, Optum acquired Middletown, N.Y.-based multispecialty group Crystal Run Healthcare. Also in February, UnitedHealth Group closed on a multimillion-dollar deal ...27 July 2023 -
287. Cooper University Health Care unveils $150M ASC in former Sears
Camden, N.J.-based Cooper University Health Care has unveiled its $150 million ambulatory care center located inside of a former Sears department store in Moorestown, N.J., according to a July 25 report ...25 July 2023 -
288. How 4 ASC chain giants gained power
... and added more than 25 ASCs in 2022. Surgery Partners Surgery Partners has more than 127 ASCs. The company acquired Kansas Spine & Specialty Hospital in Wichita, Kan., a physician-owned spine, ...19 July 2023 -
289. Is PE bad for ASCs? 7 leaders weigh in
... original equity members of the practice and not employed physicians. The visible benefits are limited, and the practice needs to either merge or be acquired by a hospital system. Anthony Kalloo, MD. ...18 July 2023 -
290. Is private equity digging deeper into ASCs? 6 notes
... published by the American Antitrust Institute. According to the study, private equity-acquired practices in several specialties had statistically significant expenditure per patient increases. 2. U.S. ...14 July 2023 -
291. How private equity has increased the cost of care for 6 physician specialties
... and the Washington Center for Equitable Growth. According to the study, private equity-acquired practices in several specialties had statistically significant expenditure per patient increases. Six ...12 July 2023 -
292. Medtronic's $60M in fraud, kickback settlements: A timelin
... before it acquired the company. 2019: Medtronic paid over $17 million after a Covidien physician offered discounted and free marketing to physicians using its products. 2020: Medtronic paid over ...12 July 2023 -
293. HCA Florida to convert new property into medical office building, freestanding ER
HCA Florida Healthcare acquired two two-story buildings in Jacksonville, Fla., in June for $6.06 million, with plans to convert the space into a freestanding emergency center and a medical office building, ...12 July 2023 -
294. Optum digs deeper into value-based care
... acquired Middletown, N.Y.-based multispecialty group Crystal Run Healthcare. "Crystal Run has long recognized that the fee-for-service reimbursement model is broken, and we committed to transition to ...12 July 2023 -
295. USPI vs. SCA Health so far in 2023
... acquired Middletown, N.Y.-based multispecialty group Crystal Run Healthcare. 5. Optum Health affiliate Everett Clinic opened a 39,500-square-foot facility with 50 exam rooms and an ASC in Arlington, ...10 July 2023 -
296. 5 moves disrupting the ASC industry
... ASC chain SCA Health, has shifted its focus to physician acquisitions in the last few years. Notably, the company acquired Houston-based physician group Kelsey-Seybold for around $2 billion last year. ...06 July 2023 -
297. 10 Texas medical office building updates from the first half of 2023
... II, set to open in 2024. 3. A 31,247-square-foot medical office building in Plano, Texas, anchored by Dallas Neurological and Spine, was acquired by Montecito Medical. 4. Wolf Capital Partners acquired ...06 July 2023 -
298. 5 ASC closures in 2023
... Center will close March 31. In November, the ASC was acquired by San Antonio Methodist Hospital, which will take ownership in March. The acquisition has nothing to do with the ASC closure, according to ...06 July 2023 -
299. ASC acquisition 'frenzy' slows, chains get creative for growt
... ASC acquisition frenzy has shown signs of slowing already, and I expect that trend to continue. The larger, more successful — and more attractive — ASCs may not see a tremendous benefit in being acquired, ...30 June 2023 -
300. 2 physicians accuse HCA Healthcare of fraud, overbilling
... of the Asheville, N.C.-based Mission Hospital System, which was acquired by HCA in 2019. In 2020, TeamHealth contracted with HCA to provide physician staffing at Mission Hospital. The complaint alleges ...29 June 2023