1. Dallas-based Tenet Healthcare, parent company of the country’s largest ASC chain, United Surgical Partners International, inked a deal to sell three hospitals in South Carolina to Winston-Salem, N.C.-based Novant Health for $2.4 billion.
2. Optum, the parent company of ASC chain SCA Health, had its three most expensive deals in 2023 total more than $10.2 billion.
3. Two major healthcare real estate firms, Milwaukee, Wis.-based Physicians Realty Trust and Denver-based Healthpeak Properties, announced plans to merge in a deal valued at $21 billion.
4. Walmart expressed interest in purchasing majority ownership in ChenMed, a chain of primary care clinics that has been valued at several billion dollars.
5. AmSurg agreed to buy ASCs held by Envision for $300 million plus a waiver of loans after Envision filed for bankruptcy.
6. CVS Health completed its acquisition of primary care organization Oak Street Health in an all-cash, $10.6 billion deal.
7. Salt Lake City-based Intermountain Health and Nashville, Tenn.-based healthcare services company Surgery Partners signed a collaboration agreement in which Surgery Partners will take over management of Intermountain’s existing ASCs in Utah and Idaho and will develop more ASCs in other select markets.
8. Oakland, Calif.-based Kaiser Permanente inked a deal to acquire Geisinger Health and its more than 1,700 physicians.
9. CVS Health completed its acquisition of Signify Health in a $8 billion transaction.
10. Amazon completed its $3.9 billion acquisition of primary care company One Medical.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.