Five things to know:
1. KKR has raised $10 billion in the last two months, signaling interest in more transactions.
2. The firm is ready “to not only play defense but also [play] more offense,” according to Scott Nuttall, KKR’s co-president.
3. Specifically, KKR is looking to provide liquidity to struggling companies and working with its portfolio companies to seize growth opportunities.
4. KKR’s private equity portfolio fell 12 percent in the first quarter, one of many areas in which the firm saw declines due to the COVID-19 crisis.
5. Envision Healthcare has been hit particularly hard, incurring steep losses from COVID-19-related elective surgery bans.
More articles on surgery centers:
Life after ramp-up: How COVID-19 will change ASCs forever
3 ASC nurses join COVID-19 front lines in New York
4 hospitals, health systems opening ASCs
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.