• Tennessee ASC to be converted into emergency, behavioral health facility

    The city of Knoxville, Tenn., has invested $70 million to convert a series of buildings into a new public safety complex. Part of the renovation will involve converting the 25,000-square-foot St. Mary's ASC into an urgent care and behavioral health facility, according to a June 12 report from NBC news affiliate WBIR.
  • Tenet, HCA, Optum battling for ASC market share

    ASC development is becoming increasingly lucrative for health systems and hospitals as more complex procedures move to the outpatient setting. 
  • AmSurg's ASC presence: A state-by-state breakdown

    Major ASC chain AmSurg owns about 4.3 percent of the market, with 256 ASCs nationwide based on a count from 2022. It recently reached a deal to purchase additional ASCs from its affiliate Envision Healthcare in the wake of Envision's bankruptcy filing. 
  • Top 25 healthcare companies: Fortune 500

    The 69th Fortune 500, released June 5, ranked the largest corporations in the U.S. by revenue for 2022. 
  • ASC deals heat up: 3 notes in 3 days

    Here are three ASC deals that Becker's has reported on since June 5:
  • Ascension to sell ASC, hospital to New York clinic

    St. Louis-based Ascension has reached an agreement to transfer ownership of its Binghamton, N.Y.-based Our Lady of Lourdes Memorial Hospital​ and its affiliated facilities, including an ASC, to the Sayre, Pa.-based Guthrie Clinic, according to a June 8 report from Spectrum News.
  • Physician groups are being snapped up — 5 reasons why 

    As costs rise and the industry increasingly consolidates, physician practices are increasingly looking to hospitals, health systems and commercial groups for financial security, according to a report published June 7 by the American Hospital Association.  
  • ValueHealth strikes joint venture to develop Florida ASC

    Kansas City-based ValueHealth has partnered with Naples, Fla.-based NCH Healthcare System to develop a 12,000-square-foot ASC in Naples on the NCH Baker Hospital campus. 
  • Physicians are losing power. Here's why.

    Harry Severance, MD, an adjunct assistant professor at Durhan, N.C.-based Duke University School of Medicine, joined Becker's to discuss how physicians increasingly moving to employed models has shifted the workforce to what he calls a "seller's market."
  • Inova Health acquires another physician group: What ASC leaders should know

    Falls Church, Va.-based Inova Health System has acquired another local specialty physician practice, expanding its footprint and services, according to a June 6 report from the Washington Business Journal. 
  • USPI ahead of competition in total ASCs, physicians

    While there are several major ASC management and partnership companies in the U.S. — including SCA Health, Atlas Healthcare Partners and AmSurg — one company is outpacing the rest in size and patient encounters. 
  • Why major ASC chains are primed to dominate the market

    Thirty percent of the ASC industry is owned and operated by big surgery center chains, according to VMG Health's "Annual Healthcare M&A Report 2023."
  • 18 statistics on ASC valuations

    ASC valuation multiples have been fluctuating in transactions over the last year, according to a report from VMG Health's Annual Healthcare M&A Report 2023.
  • Why Optum's lack of 'checks and balances' concern 1 CEO

    According to Michael Meyers, president and CEO of Manhasset, N.Y.-based medtech company Meyers & Gerard Medical, Optum's quick growth and acquisition of physician groups is a cause for concern. 
  • Optum's strength in 5 stats

    Optum, parent company of ASC chain SCA Health, is the largest employer of physicians in the country. 
  • Dr. Amish Oza buys former Midwest Spine & Pain building for $1.85M

    Amish Oza, MD, medical director of Marion, Ohio-based Midwest Internal Associates, has purchased an 8,500-square-foot medical office building that formerly housed Midwest Spine & Pain for $1.85 million, according to a June 1 report from Columbus Business First.
  • Consolidation in the ASC industry: 3 stats to know 

    Although the ASC industry is slowly consolidating, the industry as a whole has remained independent amid increasing healthcare consolidation. 
  • USPI in 5 stats

    Dallas-based United Surgical Partners International is the largest ASC chain in the country. 
  • Healthcare is increasingly consolidating: 10 new partnerships to know

    Here are 10 new partnerships between healthcare organizations, physician groups and more to know, as reported by Becker's in May.
  • Orlando Health buys medical office building from Walgreens for $4.1M

    Orlando (Fla.) Health has purchased a two-story medical office building from pharmaceutical chain Walgreens for $4.1 million, according to a May 31 report from the Orlando Business Journal.

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