- CVS Health completed its acquisition of Signify Health this week in a $8 billion transaction. The move marks CVS Health’s efforts to expand its value-based care offerings. Signify’s value-based provider network includes 50 health plan clients and members and has focused on value-based care offerings since it acquired Caravan Health in March 2022.
- Surgery Partners spent just under $250 million to acquire ASCs last year, and is planning for more in 2023. The company started 2023 with $820 million in liquidity and has an eye on long-term growth.
- VillageMD, a company majority owned by Walgreens, acquired a 30-location physician group. The primary care group, Rocky Hill, Conn.-based Starling Physicians, offers cardiology, ophthalmology, endocrinology, nephrology and geriatric care services. Starling Hill also offers a value-based care delivery model, according to a March 3 news release from VillageMD.
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.
