• How Claimocity scaled their revenue cycle management with Modio’s provider credentialing platform

    Provider credentialing is a critical yet often overlooked element to successful revenue cycle management (RCM). Across the healthcare industry, there is a lack of awareness about how an efficient, accurate credentialing system can streamline medical practices’ RCM workflows and assist in capturing revenue that may otherwise be lost or delayed. This is because the connection between the benefits of a credentialing platform and the RCM function is not always intuitive nor immediately clear, causing departments to be siloed. However, bridging the gap between credentialing and RCM functions is essential for preventing revenue loss, reimbursement delays, and other challenges — and ultimately aids in bolstering practice efficiency and financial stability.
  • How outsourcing billing helps to combat ASCs’ top challenges

    Achieving financial success in an ASC has become more difficult in recent years, with a growing list of challenges threatening and straining the bottom line. With less room for error, surgery centers are seeking solutions that can help them better navigate and overcome these barriers to viability and profitability. Revenue cycle outsourcing is one solution growing in popularity throughout the ASC industry and is becoming a preferred option for de novo centers.
  • Michigan surgery, endoscopy center building sells for $9.8M

    A Midland, Mich.-based building housing the Great Lakes Bay Surgery & Endoscopy Center has sold for $9.8 million, according to a Feb. 16 report from REBusiness Online.
  • Where ASC transactions are heating up

    Although 68% of the ASC market remains independent, the industry saw continued consolidation in 2023, according to a recent report from VMG Health. 
  • The rise and fall of ASC inflation adjustments

    The net inflation adjustment for ASCs is 3.1% in 2024, a full percentage point higher than the average since 2015.
  • 1 year after Amazon-One Medical deal finalized: What's happened since

    It's been nearly one year since Amazon finalized its $3.9 billion acquisition of virtual and in-person primary care company One Medical. 
  • USPI, HCA & more: 5-year ASC company growth breakdown

     The number of centers under management by the five largest ASC management companies has seen a compound annual growth rate of 4.85% since 2011, according to a February report from VMG Health. 
  • Independent ASC market share shrinks further 

    The percentage of ASCs that are independent shrunk from 70% to 68% from 2022 to 2023, according to a February report from VMG Health. 
  • Banner Health sells 3 outpatient facilities

    Banner Health has sold a three-building outpatient medical building portfolio in Arizona for $32 million, according to a Feb. 15 report from REBusiness Online.
  • Amazon, Optum, CVS, Walmart and Walgreens: Top contenders in the race to acquire physicians

    As physicians move away from private practice toward employment models, five major healthcare disruptors have been making waves in the race to acquire them. 
  • 2 Indiana medical office buildings sold

    A two-building medical office portfolio in Carmel, Ind., has sold, according to a Feb. 14 report from REBusiness Online.
  • Cleveland medical office building sells

    The 86,000-square-foot University Hospitals Wellness Campus medical office building in Mentor, Ohio, has sold, according to a Feb. 14 report from Commercial Property Executive. 
  • Inside USPI's skyrocketing growth 

    Dallas-based United Surgical Partners International, Tenet Healthcare's ASC arm, is the largest ASC chain in the country, with interest in 461 ASCs and 24 surgical hospitals throughout 35 states.
  • ASCs in 2023: A Year in Review

    The ambulatory surgery center (ASC) sector continued to evolve in 2023, reflecting a trend of steady growth, higher-acuity cases, and some changing regulations. 2023 featured continued consolidation through a combination of investment by prominent ASC platforms and acquisitions made by new entrants in the market.
  • $2.4B+ worth of healthcare deals to know

    Here are five healthcare partnerships, acquisitions and mergers that ASC leaders should know, as reported by Becker's since Jan. 30:
  • USPI vs. Optum vs. HCA Healthcare: 14 financial notes

    Here is a rundown of how United Surgical Partners International, HCA Healthcare and Optum fared financially in 2023:
  • NYU Langone buys $33M Florida building for medical office

    New York City-based NYU Langone has paid $33 million for a property in West Palm Beach, Fla., where it plans to build a medical office building, according to a Feb. 10 report from the Palm Beach Post. 
  • Tenet enters 'new era' driven by USPI growth 

    Tenet Healthcare's ASC chain, Dallas-based United Surgical Partners International, continues to spur the company's growth, according to a Feb. 8 earnings call transcribed by Seeking Alpha. 
  • The acquisitions shaping the ASC industry

    Here are two big-ticket acquisitions pointing toward further consolidation within the ASC industry:
  • New Jersey ASC, orthopedic practice building acquired for $10.5M

    Kings Row Medical Properties has acquired a medical building with two ASCs in Bridgewater, N.J., for $10.5 million, Bnn reported Feb. 8.

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