Advertisement

ASC News

Myrtle Beach, S.C.-based Grand Strand Medical Center has asked a state court to block a rival health system's plans for a $15.3 million ASC in Carolina Forest, where the hospital says it is a major medical provider, The Post and…

UCLA Health's Ambulatory Surgery Center Westwood in Los Angeles was ranked the top ASC in the country by Newsweek and global research firm Statista. 

More than 4,500 physicians joined three of the largest ASC chains in 2021, with Dallas-based United Surgical Partners International, a subsidiary of Tenet Healthcare, further pulling ahead of its competitors, both in terms of the number of physicians and surgery…

Some ASCs are simply more profitable than others, and the reasons vary, from the surgical specialties offered to the location and more. According to VMG Health, 10 percent of ASCs operate on margins of 5.2 percent or lower.

Advertisement

COVID-19 spurred a sharp increase in mergers and acquisitions, accelerating a trend of consolidation. By the end of 2020, nearly 70 percent of physicians reported being employed by hospitals or corporations. 

Advertisement