Real estate services company Lincoln Property Company acquired Banner Surgery Center – Gilbert, located in Mesa, Ariz., from a physician ownership group. The 13,957-square-foot multispecialty ASC is affiliated with Phoenix-based Banner Health, according to a Sept. 3 news release from…
ASC Transactions & Valuation Issues
Indianapolis-based LegacyMD, a majority physician-owned platform for concierge and direct primary care practices, has launched with the combination of two practices: Priority Physicians of Indianapolis and HealthBridge Personalized Medicine of Long Island, N.Y., according to a Sept. 2 news release. …
Rochester Regional Health has acquired Rochester Dermatologic Surgery in Victor, N.Y., adding general dermatology and Mohs surgery capacity in the Finger Lakes, acording to a Sept. 2 news release. The practice is now Rochester Regional Health Dermatology & Mohs Surgery…
The Chapter 11 bankruptcy proceedings of North Star Health Alliance, parent of three North Country, N.Y., hospitals, have generated $6 million in administrative and professional costs so far, attorneys told a bankruptcy court judge Sept. 2, according to WWNY. North…
A new retrospective study in the Journal of the American College of Surgeons offers one of the first detailed looks at how an urban hospital closure reshapes surgical care at the facilities left standing nearby, including who absorbs the extra…
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In November 2025, a private equity firm best known for backing consumer brands made a move that looked more like a retail deal than a healthcare one: a 42.5% stake in a 121-clinic physician network spanning 20 states. L Catterton,…
A Brookings Institution analysis published Sept. 3 maps how deeply the five largest U.S. health insurers — covering 126 million Americans — have expanded into owning the physician practices, ASCs, pharmacies and PBMs they also pay for care through. Researchers…
The country’s largest prescription drug distributors have committed more than $13 billion since late 2024 to buying up physician practices. The biggest mover is Cencora. In April 2023, Cencora announced it agreed to acquire a minority interest in OneOncology. Then,…
The consolidation of physician practices and ASCs by hospitals, health systems and private equity persists in markets across the U.S. However, some ASC physicians and leaders sense a growing push towards independence as physicians fight for their autonomy and practice…
Private equity firms have spent more than a decade building physician practice management platforms in specialties such as cardiology, orthopedics, gastroenterology and ophthalmology. The playbook — acquiring a platform practice, adding on regional practices, then exiting within three to five…