Private equity-backed “roll-up” strategies in ASCs have helped create some of the country’s largest platforms, often through a series of smaller acquisitions that may not individually trigger federal antitrust reporting requirements, according to a recent report from the Private Equity…
ASC Transactions & Valuation Issues
Here are two hospital and health system layoffs that happened in December, as reported by Becker’s: 1. Oakland, Calif.-based Alameda Health System will lay off 296 employees as a result of H.R. 1-related funding cuts. Affected employees will be notified…
As of Jan. 1, ASCs, hospitals, physician groups and other DHS entities may provide non-cash compensation to physicians up to an aggregate total of $535 per physician, according to a blog post from law firm Hall, Render, Heath and Ryman. …
More than 1 in 5 physicians say they would choose a different career if given the chance to start over, according to Medical Economics‘ 96th Physician Report, published Dec. 29. Here’s how physicians answered the question: “If you could go…
While health systems and ASCs once viewed each other as competitors, the dynamic has evolved in recent years as ASCs solidify their place as a way to enhance patient experience and operational efficiencies while saving on costs. Here’s what five…
Jacksonville, Fla.-based Baptist Health’s ASC strategy is built around quality and safety — something hardwired into daily operations — according to Mandy Gerlach, COO of Baptist Outpatient Services. Ms. Gerlach joined Becker’s to discuss Baptist’s ASC structure, which ties safety…
ASCs have become a focal point of hospital and health systems’ investment interests as payer incentives, patient preferences and rising operational costs necessitate a shift to outpatient settings. Despite the significant advancements many health systems have already made in ambulatory…
As ASC consolidation accelerates, many management companies are chasing scale through acquisitions. Solara Surgical Partners has taken a different route, one built on long-term relationships and physician alignment. Southlake, Texas-based Solara is an ASC development and management company that has…
Here are five hospital deals Becker’s has reported on since Dec. 10: 1. Hartford, Conn.-based Hartford Healthcare’s acquisition of Manchester Memorial and Rockville General hospitals from bankrupt Prospect Medical was approved with conditions aimed at limiting cost increases and preserving…
As private equity, MSOs and hospitals continue to expand their presence in ASCs, ownership models are becoming more complex. Tina DiMarino, CEO of Custom Surgical Partners, joined Becker’s to discuss how joint ventures, specialty rollups and increased investor activity are…
