ASC Transactions & Valuation Issues

Following plans to file for Chapter 11 bankruptcy, Envision Healthcare reached a restructuring agreement with its stakeholders.

ASCs around the country are facing reimbursements that are not keeping up with the rising cost of living, leading to a declining number of truly independent, physician-owned ASCs. 

Michael Davis, MD, surgical director and chief of urology at the University of New Mexico Health Sciences Center in Albuquerque, joined Becker's to evaluate the benefits — and downsides — of the growing trend of consolidation in healthcare.

How to increase your total ASC value

Orlando (Fla.) Health has purchased another medical office building near its main campus for $7.38 million, according to a May 8 report from local news station WFTV and the Orlando Business Journal. 

Nashville, Tenn.-based HCA Healthcare continues to double down on developing outpatient facilities and increasing outpatient procedure migration, according to an April 21 first-quarter earnings call transcribed by Seeking Alpha. 

Physician practice management services organizations and physician practices or groups will soon be required to send a comprehensive filing for transactions to the state of New York, JDSupra reported May 5. 

Peoria, Ill.-based OSF HealthCare has become the majority investor in Champaign, Ill.-based ASC Olympian Surgical Suites. 

CVS Health reported $2.1 billion in profit in the first quarter of 2023, according to the company's earnings, posted May 3.

As procedures increasingly migrate to the outpatient setting, ASCs continue to grow.