Cardiology is quickly becoming a key point of investment for hospitals and health systems developments in technology and new CMS approvals expand outpatient capabilities within the specialty amid persistent demand among the U.S. population. From opening cardiac ASCs to expanding…
ASC Transactions & Valuation Issues
In 2022, Ascension ran 139 hospitals and was losing nearly $2 billion a year. By June 2026, it operated 90 hospitals and more than 300 ASCs. The $3.9 billion acquisition of AmSurg was the final move in a significant strategic…
HST Pathways, a cloud-based software provider for ASCs, has secured a strategic growth investment from Novo Holdings, joining existing investors Bain Capital and Nexxus Holdings, according to a June 5 news release. The investment will support the acceleration of HST’s…
Joint ventures between ASCs and hospitals or health systems are accelerating, with 59% of ASC leaders saying they would consider a strategic partnership in 2026, according to a VMG Health survey. But leaders who have been through the process caution…
Uncertainty surrounding control over physician practices and decision-making power at healthcare organizations has reached a crescendo in 2026 as hospitals, staffing firms and private equity groups grow their influence in markets across the country. Three recent physician contracting cases have…
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Iterative Health, a Massachusetts-based company with an international presence, has acquired the clinical research operations of Waco (Texas) Cardiology Associates along with cardiology research sites in Port Arthur and Beaumont, Texas — all three previously operated by NextStage Clinical Research,…
Buffalo, N.Y.-based Catholic Health has acquired a controlling interest in the Ambulatory Surgery Center of Western New York, the region’s highest-volume ambulatory surgery center, located in Amherst. According to a Catholic Health news release, the multispecialty ASC now covers orthopedics,…
The FTC’s consent order requiring Ascension to divest seven ASCs before closing its $3.9 billion acquisition of Amsurg sent a clear message to the industry that outpatient surgery is valuable enough to fight over, and regulators are now watching local…
Optum is set to close a primary care practice in Zionsville, Ind., at the end of June, according to a June 3 report from Current Publishing. Optum Primary Care will close June 26. The company has also closed a number…
Ascension has completed its $3.9 billion acquisition of AmSurg, expanding the St. Louis-based health system’s ASC network to more than 300 centers nationwide, according to a June 4 news release, but not before the Federal Trade Commission required the divestiture…