At the end of the second quarter in 2022, Dallas-based Tenet paid $406 million to acquire Dallas-based Baylor Scott & White Health's 5 percent equity position in USPI.
ASC Transactions & Valuation Issues
ASC chains have continued to grow over the past few years — here's how.
UnitedHealth Group's Optum, parent company of ASC chain SCA Health, based in Deerfield, Ill., has been on a spending spree, making several massive deals in 2023. Brentwood, Tenn.-based Surgery Partners, meanwhile, spent almost $250 million to acquire ASCs last year…
While the ASC industry is largely fragmented, five major groups control a solid chunk of the market share, according to the VMG Health's "2023 Healthcare M&A Report."
Physician staffing firms have been hit by economic pressure and high margins, causing one to file for bankruptcy and another to shut down.
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United Surgical Partners International has more than 475 surgery centers, making it the largest ASC chain.
From acquisitions to new deals, here is how four major ASC chains have recently gained power.
Medical staffing company American Physician Partners is closing and will transition to its hospital contracts.
A 12,521-square-foot ASC in Houston has been sold by Ellington Properties, according to a July 17 report from REBusiness Online.
Joe Peluso, administrator at Aestique Surgical Center in Greensburg, Pa., joined Becker's to discuss what he thinks the ASC industry looks like and will look like as healthcare costs continue to rise.