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381. USPI, HCA and Surgery Partners further consolidate: 9 moves in 2023
... ASCs. Surgery Partners (Brentwood, Tenn.) 1. In August, Surgery Partners formed a strategic partnership with Dallas-based Methodist Health System. 2. In May, Surgery Partners acquired Kansas Spine ...10 August 2023 -
382. Montecito Medical acquires Indiana building occupied by the Williams Eye Institute
Montecito Medical has acquired a medical office building 100 percent occupied by the Williams Eye Institute. The 11,118-square-foot building is located in Hammond, Ind., and is about 25 miles south ...09 August 2023 -
383. 7,190-square-foot Dallas medical office building sold
A 7,190-square-foot medical office building in Dallas has sold, according to an Aug. 9 report from REBusiness Online. The building was sold by California-based investment firm Bolour Associates, and ...09 August 2023 -
384. 30K-square-foot Rhode Island medical office building sold
A 30,000-square-foot medical office building in Providence, R.I., has been acquired by Sendero Capital and Angelo Gordon, according to an Aug. 4 report from Commercial Property Executive. The building ...04 August 2023 -
385. Surgery Partners' biggest deals of 2023
... formed a strategic partnership with Dallas-based Methodist Health System. Through the partnership, Surgery Partners acquired a minority interest in and will manage three of Methodist's ASCs. 2. The company ...03 August 2023 -
386. Steris completes $540M acquisition of Becton, Dickinson surgical instrument unit
Steris, a medical device company, has completed its acquisition of medical technology company Becton, Dickinson and Co.'s surgical instrumentation platform in a $540 million deal. As part of the deal, ...03 August 2023 -
387. 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 -
388. 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 -
389. 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 -
390. Tenet acquired Baylor's 5% stake in USPI for $406M 1 year ago — what's happened since?
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 -
391. 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 -
392. 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 -
393. 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 -
394. 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 -
395. 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 -
396. 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 -
397. 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 -
398. Medtronic's $60M in fraud, kickback settlements: A timeline
... 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 -
399. 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 -
400. 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