ASC Transactions & Valuation Issues

Sioux Falls, S.D.-based Sanford Health has acquired Rapid Hills, S.D.-based Black Hills Plastic Surgery. According to an Oct. 16 news release, Black Hills Plastic Surgery offers cosmetic and reconstructive plastic surgery, as well as nonsurgical cosmetic treatments.  The physician group…

Renton, Wash.-based Providence plans to permanently close four occupational medicine and workplace health services clinics in Portland, Ore., effective Nov. 7. The closure will affect 43 employees, according to an internal message sent to staff and obtained by Becker’s. Ben…

CVS Pharmacy has finalized its acquisition of 63 former Rite Aid and Bartell Drugs locations in Idaho, Oregon and Washington, the company said in an Oct. 15 news release. Here are four more things to know 1. CVS also acquired…

Oath Surgical raised $24 million in Series A funding to expand its network of surgeon-owned, AI-powered ASCs.  The round was led by FPV Ventures with participation from McKesson Ventures and brings Oath’s total funding to $35 million. The company plans…

Fifty-nine percent of independent ASCs would consider a strategic partnership rather than a full sales transaction, according to a VMG Health survey released Oct. 9.  The survey gathered responses from 97 ASC leaders in September, representing both independently owned and…

ASCs are facing mounting financial headwinds, with anesthesia costs, supply expenses and labor shortages topping the list of concerns for 2026, according to a VMG Health survey released Oct. 9.  VMG Health surveyed 97 ASC leaders in September from both…

Kaleida Health System plans to close its Family Planning Clinic and Ear, Nose and Throat Center in Buffalo, N.Y., following the shutdown of an ASC less than a month ago, according to an Oct. 10 report from Buffalo-Toronto Public Media.…

From procedure migration to financial pressures, two ASC leaders joined Becker’s to discuss the forces reshaping the ASC landscape. Question: What emerging disruptors do you see having the biggest impact on the ASC sector over the next five years? Editor’s…

Ambulatory surgery centers (ASCs) play a vital role in delivering cost-efficient, specialized outpatient care. With thinner margins than hospitals, ASCs face heightened revenue and cash flow risk when denials or reimbursement delays occur—particularly with implant-and device heavy procedures in orthopedics,…

Here are four organizations that have recently acquired physician practices and ASCs, as reported by Becker’s since Oct. 6: