ASC Transactions & Valuation Issues

Linwood, N.J.-based Connolly Dermatology offices across New Jersey, the Philadelphia area and Delaware have shuttered after employees say the practice stopped paying its staff, NBC Philadelphia reported May 28. Workers at many of the practice’s more than 30 locations stopped…

Independent practice is struggling to survive in 2026, and the ASC industry is no different.  Between 2019 and 2023, the share of independent physician practices owned by hospitals, health systems or other corporate entities jumped from 39% to 59%. Over…

After months of negotiations, Washington, D.C.-based George Washington University and King of Prussia, Pa.-based Universal Health Services reached a deal May 26 to restructure the university’s physician practice group arrangement. The deal transitions financial responsibility of GWU’s struggling physician practice…

The Federal Trade Commission has intensified its focus on healthcare-related regulation in accordance with President Donald Trump’s February 2025 executive order aimed at creating a “more competitive, innovative, affordable, and higher quality healthcare system.”  Here are three recent moves by…

Basheer Alismail has built partnerships the hard way and learned what breaks them. As president of Capital Surgical Solutions, he oversees MSO operations, from ASC development to physician practice management.  Mr. Alismail joined Becker’s to discuss why transparency about a…

From burn centers to labor and delivery units, hospitals and health systems across the country are pulling back on services, and in some cases, inpatient care entirely.  At least six facilities have announced closures or conversions in the last months,…

Health systems are entering the ASC space at a rapid pace, but many are arriving with the wrong playbook.  According to Steve Hockert, Southlake, Texas-based ASC developer Solara, the cultural and structural assumptions that health systems carry into joint ventures…

Independent practice in 2026 is not for the faint of heart. Only 18% of physicians still practice in physician-owned settings as of January, with just 36.1% of practices remaining physician-owned — down by 48.5% since 2018 — according to a…

Arlington, Va.-based Privia Health has entered New Jersey, its 25th state, through a partnership with Neurology Group of Bergen County, a practice with 25 adult and pediatric clinicians, according to a May 27 news release. The group will serve as…

As high-acuity procedures continue to migrate to ASC settings, the ASC M&A landscape is reaching new highs, and health systems are moving with a level of urgency that didn’t exist even three years ago. St. Louis-based Ascension has signed a…