The King of Prussia, Pa.-based Universal Health Services is planning to take control of the George Washington University Medical Faculty Associates, the physician practice that staffs George Washington University Hospital in Washington, D.C., and Cedar Hill Regional Medical Center, according…
ASC Transactions & Valuation Issues
While independent physician groups have been busy expanding into the ASC space in recent years, operational gaps have emerged and gone largely unaddressed. According to Pelto Health Partners’ fractional CEO, Rachel Uzlik, independent ASCs often leave savings and operational efficiencies…
Physician-owned Pelto Health Partners has launched an ASC platform initiative, extending its private practice model into the surgery center space and aiming to give physician owners more options without forcing them into a traditional management service organization structure. Minneapolis-based Pelto…
Winchester, Ky.-based Centerpoint Health acquired the physician practice of Suzanne Pica, MD, and David Andreas, MD, integrating it into its affiliated medical group, Centerpoint Medical Group, according to a March 10 news release. As part of the integration, the practice…
Brentwood, Tenn.-based Surgery Partners recruited about 700 physicians in 2025, according to a March 4 earnings call transcript from Seeking Alpha. The company reported $3.3 billion in revenue in 2025 and $526 million in adjusted EBITDA. Here are six more…
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The physician practice landscape has shifted significantly over the last decade as the industry becomes increasingly consolidated and reimbursement rates fall below the cost of running business. This combination of pressure has become overwhelming for some independent practices. Becker’s reported…
In its 2026 Physician Fee Schedule, CMS finalized a mandatory payment model that will begin Jan. 1, 2027, and hold certain outpatient specialists financially accountable for how they manage chronic conditions such as heart failure and low back pain. The…
Healthcare consolidation continues to reshape the physician landscape, with hospitals and large networks investing hundreds of millions of dollars to bring independent practices under their umbrellas. Recent deals, including a $111 million acquisition in South Carolina and a $29 million…
Real estate development firm SSP Investments has purchased two purchased medical office buildings in Arizona and California for a total of $26.2 million. The firm acquired a 42,067-square-foot property in Phoenix for 17 million. The facility is 100% leased to…
Downeast OB-GYN in Bangor, Maine, which opened in 1994, will close July 2, the practice announced in a March 6 Facebook post . In the post, owner Christopher Ramset, MD, said the primary reason for the closure was an inability…