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."
ASC Transactions & Valuation Issues
Physician staffing firms have been hit by economic pressure and high margins, causing one to file for bankruptcy and another to shut down.
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.
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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.
UnitedHealthcare revenue grew 13 percent to $70.2 billion in the second quarter of 2023.
UnitedHealth Group's Optum saw big gains in the second quarter of 2023, with the company seeing a 25 percent increase in revenue to $56.3 billion.
UnitedHealth Group's Optum, parent company of ASC chain SCA Health, has become a household name in value-based care as it continues to snap up healthcare companies that align with its goal of expanding in the space.