ASC Transactions & Valuation Issues
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Optum's layoffs: 5 things to know
In August, former Optum employees took to social media about a number of layoffs that allegedly occurred across the company. -
Optum's powerful physician workforce: 5 stats to know
Optum is the largest employer of physicians in the country, with 70,000 employed or aligned. -
Walmart eyes physician group purchase: What ASCs need to know
Walmart is allegedly interested in purchasing majority ownership in ChenMed, a chain of primary care clinics, according to a report from Bloomberg. -
The physician group megadeals to know in 2023
Here are four major physician group deals to know in 2023: -
Physician-owned hospital files for bankruptcy protection
A West Lake Hills, Texas-based physician-owned hospital, The Hospital at Westlake, has filed for Chapter 11 bankruptcy protection. -
Where independent ASCs stand today
Consolidation can feel like a looming threat to the ASC industry, but the majority of surgery centers remain independent. -
Realizing Maximum Value for your MOB or ASC – A Competitive Process
Physician owners of medical real estate are often approached by firms that buy medical real estate. -
Connecticut medical office building sells for $1M
A medical office building near Bridgeport Hospital Milford (Conn.) Campus has sold for nearly $1 million, according to a Sept. 5 report from Hartford Business. -
ASC chain dominance: 5 stats to know
Here are five statistics on the growth of ASC chains: -
Why physicians are selling to hospitals
The percentage of physicians who work in private practice has decreased from 60.1 percent in 2012 to 46.7 percent in 2022, according to recently released analysis of 10 years of data on physician practice arrangements conducted by the American Medical Association. -
3 physician group acquisitions shaping the industry
Here are three physician group acquisitions shaping the healthcare industry: -
The No Surprises Act Causes Growth in Anesthesia Coverage Payments at ASCs: What You Need to Know
The No Surprises Act was a landmark piece of legislation aimed at protecting patients from unexpected medical bills.1 Although the law is a significant step forward for patient protection, it has resulted in a significant increase in financial support requests from anesthesia providers who serve patients at ambulatory surgery centers (ASCs). This article will outline the hallmarks of the act, its impact, and the operational and compliance considerations for ASCs that need to implement coverage arrangements with their anesthesia groups. -
Largest ASCs by operating rooms
Miami-based Bayside Ambulatory Surgery Center is the largest individual ASC or individual ASC company by number of operating rooms, according to an Aug. 18 report from Definitive Healthcare. -
San Jose medical office building sells for $9M
A medical office building in San Jose, Calif., has sold for $9 million, according to an Aug. 18 report from REBusiness Online. -
4 hospitals closing departments or ending services
Here are four hospitals closing departments or ending services since Aug. 1: -
Amazon further disrupts healthcare: 8 moves to know
Amazon and other retailers are continuing to look at healthcare for growth. -
Optum spent $2B on a physician group in 2022. What have they done since?
In August 2022, UnitedHealth Group's Optum acquired Houston-based multispecialty physician group Kelsey-Seybold for around $2 billion. Since the deal, Optum has zeroed in on making big moves in the physician and value-based care space. -
USPI continues to pull away from competitors
Dallas-based United Surgical Partners International, the ASC chain of Tenet Healthcare, is the largest ASC chain in the country, with more than 475 centers. -
ASCs, physicians 'very attractive' to investors: 5 trends from KPMG
There were 245 healthcare mergers and transactions in the second quarter, 7 percent below the deal average last year and 41 percent lower year over year, according to a KPMG report. -
USPI, HCA and Surgery Partners further consolidate: 9 moves in 2023
The ASC industry, like the rest of healthcare, is increasingly consolidating.
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