Fort Street Partners and Chestnut Healthcare Real Estate have formed a joint venture to acquire and develop $150 million in outpatient medical and surgery centers over the next four years, according to a Jan. 3 report from the Commercial Property Executive.

The Market According to ACS Industry Overview, August 2024, there are currently 11,000 ASCs in the US and in 2023 the ASC market was valued at $43.2 billion. 50.8% of the ASCs are single-specialty and 49.2% are multi-specialty. In 2023 68% of ASCs remained independent.

A medical office building leased by an Atrium Health Wake Forest Baptist clinic has been purchased by a Raleigh, N.C.-based optometrist, according to a Dec. 26 report from the Triad Business Journal.

Tenet Healthcare's United Surgical Partners International is the largest ASC chain in the country by number of physicians. 

Optum and home health provider Amedisys have extended the deadline for their proposed $3.3 billion merger amid a legal challenge from the Department of Justice. 

Kaiser Permanente Kern County has acquired a 13,000-square-foot medical facility in Bakersfield, Calif., to convert into a surgery center, according to a Dec. 18 report from CBS affiliate BakersfieldNow.

A nine-building medical office building portfolio in Farmington, Conn., has sold for over $7 million, according to a Dec. 18 report from Hartford Business.

Deerfield, Ill.-based SCA Health, Optum's ASC arm, has acquired OrthoAlliance, a spokesperson for the orthopedic management services organization confirmed to Becker's. 

Here is a state-by-state breakdown of 22 physician practice closure Becker's reported on in 2024:

The Illinois Health Facilities and Services Review Board has approved a landmark transaction for Ascension to sell nine hospitals and two ASCs to Prime Healthcare for $375 million.

Here are three updates on Brentwood, Tenn.-based Surgery Partners in 2024 as reported by Becker's: 

A medical office building in Burbank, Calif., has sold for $16 million, according to a Dec. 12 report from LA Business First.

Here are five key stats to know about Nashville, Tenn.-based HCA Healthcare's workforce:

Here are 10 updates on UnitedHealth Group's Optum, the parent company of Deerfield, Ill.-based ASC chain SCA Health, in 2024.

Walgreens Boots Alliance is reportedly considering selling itself to private equity firm Sycamore Partners and becoming private,  The Wall Street Journal reported Dec. 10. 

Oakland, Calif.-based Kaiser Permanente, a major employer of physicians, has inked major deals in 2024, expanding its reach in several states. 

Here are 10 things to know about Dallas-based Tenet Healthcare's ASC arm, United Surgical Partners International, in 2024:

Physician practice costs have steadily climbed throughout 2024 and show no signs of slowing as the new year approaches.

From layoffs to leadership appointments, here are nine updates from CVS Health in the last 60 days:

The physician staffing industry is facing significant turmoil, with three major firms either shutting down or filing for bankruptcy in the past two years.