• The acquisitions shaping the ASC industry

    Here are two big-ticket acquisitions pointing toward further consolidation within the ASC industry:
  • New Jersey ASC, orthopedic practice building acquired for $10.5M

    Kings Row Medical Properties has acquired a medical building with two ASCs in Bridgewater, N.J., for $10.5 million, Bnn reported Feb. 8.
  • USPI brings in $3.9B in 2023: What to know

    Tenet's ambulatory business segment United Surgical Partners International saw big growth throughout 2023. 
  • Tenet rakes in $5.4B in Q4: What to know

    Tenet Healthcare saw major growth in the fourth quarter of 2023.
  • What growth looks like for Optum — and how ASCs fit in

    Optum, the country's largest employer of physicians and parent company of ASC chain SCA Health, is focusing on a different type of growth: hiring employees instead of building facilities. 
  • Tenet's sell-off strategy

    Tenet Healthcare, parent company of ASC chain United Surgical Partners International, has sold off several assets since the beginning of the year, including seven hospitals and three ASCs. 
  • The Tenet, HCA & Optum deals shifting the ASC industry in 2024

    Here are four major deals from three of the largest ASC operators in the country so far in 2024:
  • UC Irvine set to acquire 2 Tenet ASCs

    Orange, Calif.-based UCI Health entered into a definitive agreement to acquire Dallas-based Tenet Healthcare's Pacific Coast Network, which consists of four hospitals and two ASCs across Southern California.
  • Tenet $2.4B sale of hospitals finalized, ASCs remain USPI-operated

    Tenet Healthcare, parent company of ASC chain United Surgical Partners International, has finalized the sale of three hospitals in South Carolina to Winston-Salem, N.C.-based Novant Health for $2.4 billion. 
  • HCA nets $5.2B in 2023, names CFO: 5 notes

    Nashville, Tenn.-based HCA Healthcare rounded out 2023 with fourth-quarter net income totaling $1.61 billion, a decrease of 26% year over year.
  • Virginia medical office building sold for $5.4M

    Healthcare real estate firm Flagship Healthcare Properties has acquired a medical office building in Mechanicsville, Va., for $5.4 million, according to a Jan. 30 report from Richmond BizSense. 
  • Optum's growth boom: A breakdown

    Optum, parent company of ASC chain SCA Health, is the country's largest employer of physicians, with a portfolio of 90,000 affiliated. 
  • Physician-owned hospital to close campus

    Port Arthur-based Medical Center of Southeast Texas, an affiliate of Dallas-based Steward Health Care, will close its campus in Beaumont Feb. 2. 
  • 5 healthcare deals ASCs are eyeing

    Here are five healthcare partnerships, acquisitions and mergers that ASCs should know, as reported by Becker's since Jan. 12:
  • FTC sues Novant Health to block $320M acquisition, new ASC build

    The Federal Trade Commission has sued Charlotte, N.C.-based Novant Health to block its $320 million bid to purchase two area hospitals and build a new ASC in Mooresville, N.C., according to a Jan. 25 report from The Charlotte Observer.
  • The health systems diving headfirst into the ASC industry

    Hospitals and health systems have turned their heads toward the ASC industry as a new opportunity for growth.
  • Kaiser pays $67M for California medical office building

    Oakland, Calif.-based Kaiser Foundation Health Plan has purchased a medical office building in Santa Clarita, Calif., for $67 million, according to a Jan. 23 report from the Real Deal. 
  • UVM seeks green light to purchase $17M outpatient campus

    The University of Vermont Medical Center submitted a certificate of need with intention to purchase a Colchester-based medical campus owned by Covenant Health for $17.3 million. 
  • 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. 
  • Nonprofit wary of potential Summa Health acquisition

    The Citizens' Council for Health Freedom, a nonprofit organization focused on healthcare policy, raised concerns over General Catalyst's recently announced plans to acquire Akron, Ohio-based Summa Health and its intent to convert the health system and insurance plan into a for-profit entity.

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