1. ASC operator and physician services company Envision has filed for Chapter 11 bankruptcy, restructuring to deal with $7 billion in outstanding debt. Under the restructuring agreement, AmSurg will buy all ASCs held by Envision for $300 million.
2. UnitedHealth Group’s Optum acquired Houston-based multispecialty physician group Kelsey-Seybold for around $2 billion.
3. ASC chain United Surgical Partners International announced it would acquire more than 90 ASCs from SurgCenter Development for approximately $1.2 billion in November 2021.
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.