A handful of ASCs have changed hands in 2023, due to factors including health system bankruptcy filings.
Here are seven ASCs that have changed or are trying to change hands in 2023:
1. Central Maine Health Ventures, a subsidiary of Auburn-based Central Maine Healthcare, is attempting to acquire full ownership of its ASC, Central Maine Orthopaedics Ambulatory Surgical Center in Auburn. Currently, 50% of the ASC is owned by Spectrum Healthcare Partners. Spectrum used to own the entirety of the ASC before giving Central Maine Health 25% ownership four years ago. A year later, it gave the system an additional 25%.
2. Buffalo, N.Y.-based Catholic Health took over Lockport, N.Y.-based Eastern Niagara Health System's ASC in June following Eastern Niagara Hospital's bankruptcy filing and permanent closure.
3. The Oregon Health Authority approved a material change transaction that transferred ownership of five ASCs in the state from Envision Healthcare to its ASC-focused subsidiary AmSurg. AmSurg is also taking over the rest of Envision's ASC portfolio this year in a major transaction following Envision's bankruptcy filing.