ASC Transactions & Valuation Issues

While health systems and ASCs once viewed each other as competitors, the dynamic has evolved in recent years as ASCs solidify their place as a way to enhance patient experience and operational efficiencies while saving on costs.  Here’s what five…

Baptist Health South Florida’s ASC strategy is built around quality and safety — something hardwired into daily operations — according to Mandy Gerlach, COO of Baptist Health South Florida’s Outpatient Services.  Ms. Gerlach joined Becker’s to discuss Baptist’s ASC structure,…

ASCs have become a focal point of hospital and health systems’ investment interests as payer incentives, patient preferences and rising operational costs necessitate a shift to outpatient settings.  Despite the significant advancements many health systems have already made in ambulatory…

As ASC consolidation accelerates, many management companies are chasing scale through acquisitions. Solara Surgical Partners has taken a different route, one built on long-term relationships and physician alignment. Southlake, Texas-based Solara is an ASC development and management company that has…

Here are five hospital deals Becker’s has reported on since Dec. 10: 1. Hartford, Conn.-based Hartford Healthcare’s acquisition of Manchester Memorial and Rockville General hospitals from bankrupt Prospect Medical was approved with conditions aimed at limiting cost increases and preserving…

As private equity, MSOs and hospitals continue to expand their presence in ASCs, ownership models are becoming more complex.  Tina DiMarino, CEO of Custom Surgical Partners, joined Becker’s to discuss how joint ventures, specialty rollups and increased investor activity are…

Steve Hockert, chief development officer at Southlake, Texas-based Solara Surgical, joined Becker’s to discuss the strongest tailwinds fueling ASC expansion and the headwinds operators must navigate over the next decade. Editor’s note: This interview was edited lightly for clarity and…

Health systems have been leaning into ASC development in recent years as patient preferences, value-based incentives and operational costs make the outpatient shift a central aspect of growth strategies.  Walter Allen Fink, DO, chief medical officer of UT Health San…

As CMS continues to move more procedures into the outpatient setting, ASC leaders say growth opportunities are expanding but not without risk. The “shiny new thing” for many ASCs today often means newly approved outpatient procedures, higher-acuity cases or specialty…

In November, CMS finalized plans to add 560 codes to the ASC covered procedure list — a change expected to accelerate service line expansion and development activity across the ASC industry. At the same time, CMS finalized a three-year phaseout…