Ogdensburg, N.Y.-based North Star Health Alliance will hold a public hearing July 30 in Watertown on its plan to close North Country Orthopaedic Group’s ASC, one of three hearings scheduled the week of July 28 on the bankrupt system’s broader…
ASC Transactions & Valuation Issues
While healthcare bankruptcy filings overall have leveled off in the first half of 2026, smaller practices and clinics drove the bankruptcies that were reported, according to a report published by Gibbins Advisors July 20. The firm’s Interim 2026 Healthcare Bankruptcy…
Fresno, Calif.-based Community Health System will partner with Sound Physicians for hospitalist services, effective Sept. 1, The Fresno Bee reported July 17. It is not immediately clear how many physicians will be affected by the change. A Community Health System…
Physician ownership has been in decline for more than a decade. Just 42.4% of physicians worked in private practice as of 2024, down from 60.1% in 2012, according to the American Medical Association’s Physician Practice Benchmark Survey. Additionally, between 2019…
Nashville, Tenn.-based Montecito Medical has acquired a four-property medical office building portfolio that is leased to several physician groups. The portfolio, which encompasses 86,135 square feet, is fully leased to Orthopedic Health of Kansas City, Kansas City Urology Care and…
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Private equity-backed groups have been highly active in the ASC space over the last several years as outpatient care becomes a strategic imperative for healthcare organizations. Between 2019 and 2023, the share of independent physician practices owned by hospitals, health…
Corporate practice of medicine laws exist in most states to keep corporations and other non-physician entities from directing how doctors treat patients. But at a private equity investment roundtable hosted by George Washington University Law School’s Health Law and Policy…
Roughly a third of the nation’s rural hospitals — 720 in all — are at risk of closing, according to a report from the Center for Healthcare Quality and Payment Reform. The findings begs a familiar question among ASC leaders:…
Orthopedic medtech company Think Surgical has secured up to $65 million in growth capital through a new debt facility. The facility provided an initial funded tranche of $25 million, with an additional $15 million based on achievement of certain milestones…
Health systems, private equity, payers and physician-owned platforms are all acquiring outpatient assets simultaneously, and for different reasons. The physician medical group subsector captured a record 46% share of first-quarter 2026 healthcare deal volume, generating 2.9 times more transactions than…