SCA Health, a subsidiary of Optum, made big moves in the last year.
Here is an overview of what the ASC operator did in 2023:
• In the third quarter, the company's revenue per patient increased by 27%, which it attributed to growth in patients treated under value-based payment models and expansion into different levels and types of care. The company has earned $70.8 billion this year to date.
• Three of Optum's most expensive deals in 2023 totaled more than $10.2 billion: In October, Optum's $1.51 billion acquisition of health technology firm EMIS Group was approved by the U.K. Competition and Markets Authority. In September, Optum's $3.3 billion acquisition of Amedisys, a home health and hospice provider, was approved, though it faces scrutiny from the Justice Department. Finally, LHC Group's 29,000 employees will join Optum as part of UnitedHealth Group's $5.4 billion acquisition of the home health and hospice company.
• SCA Health promoted Jason Strauss from president to CEO as former CEO Caitlin Zulla was promoted to CEO of Optum Health's east region.
• Seventy-three ASCs owned by SCA Health were named to Newsweek's "America's Best Ambulatory Surgery Centers" list.