According to Michael Meyers, president and CEO of Manhasset, N.Y.-based medtech company Meyers & Gerard Medical, Optum's quick growth and acquisition of physician groups is a cause for concern.
ASC Transactions & Valuation Issues
Optum, parent company of ASC chain SCA Health, is the largest employer of physicians in the country.
Amish Oza, MD, medical director of Marion, Ohio-based Midwest Internal Associates, has purchased an 8,500-square-foot medical office building that formerly housed Midwest Spine & Pain for $1.85 million, according to a June 1 report from Columbus Business First.
Although the ASC industry is slowly consolidating, the industry as a whole has remained independent amid increasing healthcare consolidation.
Dallas-based United Surgical Partners International is the largest ASC chain in the country.
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Here are 10 new partnerships between healthcare organizations, physician groups and more to know, as reported by Becker's in May.
Orlando (Fla.) Health has purchased a two-story medical office building from pharmaceutical chain Walgreens for $4.1 million, according to a May 31 report from the Orlando Business Journal.
About 9.3 acres of undeveloped commercial land in Rogers, Ark., has sold for $6.1 million to medical office building investor Prime Medical Investment, an affiliate of Texas-based Prime Healthcare Properties, according to a May 30 report from Talk Business &…
New Hyde Park, N.Y.-based Northwell Health is set to fill three open spaces at a Yaphank, N.Y., strip mall anchored by a 198,000-square-foot Walmart Supercenter, according to a May 25 report from The Real Deal.
Anthony Sclafani, MD, director of facial plastic surgery and otolaryngology professor at Weill Cornell Medicine in New York City, joined Becker's to discuss the benefits — and disadvantages — of consolidation.