Ask ASC leaders where the industry is headed and most agree that the industry is headed toward more volume, more acuity and more procedures migrating out of the hospital. Where many ASC leaders disagree, however, is when it comes down…
ASC Transactions & Valuation Issues
Kansas City-based Crown MedRealty Partners has acquired a six-property medical outpatient building portfolio in Michigan totaling 35,585 square feet, according to an Aug. 18 news release. The portfolio, fully occupied by Michigan ENT & Allergy Associates, spans facilities in Holland,…
Physician practice dealmaking has kept a fast pace through the first half of 2026. Becker’s tracked 15 physician practice acquisitions in the first three weeks of January alone, and that tally grew to 33 deals by the end of the…
Brentwood, Tenn.-based Surgery Partners is leaning into building de novo ASCs rather than acquiring existing facilities in 2026, according to its second-quarter earnings call. As a result of the change in strategy, the company will miss its $200 million average…
Ascension Medical Group St. John Primary Care Pawhuska (Okla.) closed permanently on June 30, ending Dr. James Priest’s 59-year run as the rural Oklahoma clinic’s physician, Tulsa World reported Aug. 17. Dr. Priest, now in his late 80s, joined the…
A Lowcountry, S.C. plastic surgery practice has abruptly closed after its parent company, GVO Partners, collapsed into bankruptcy, leaving patients mid-treatment and money paid for unperformed procedures tied up in federal court, WCSC reported. Sweetgrass Plastic Surgery & Spa’s website…
For much of the past decade, the story of physicians’ practice has moved decidedly away from independence. Hospital and corporate employment of physicians climbed from 62% to 78% between 2019 and 2023, and private practice fell from 60% of physicians…
Brentwood, Tenn.-based Surgery Partners has added 330 physicians so far in 2026, and this year’s recruits are generating revenue nearly 16% faster than last year’s class did, according to Eric Evans, the company’s CEO. Here are five things to know…
There comes a point when health system’s ASC moves stop being a side project and start requiring a more involved strategy, and, according to Atlas Healthcare Partners CEO Aric Burke it’s when revenue is above roughly $2 billion to $3…
Atlas Healthcare Partners’ oldest health system relationship is also its clearest proof point. In the Banner Health market, Atlas grew from eight ASCs to 32, a fourfold increase, over roughly eight years. “For our Banner market, we started with eight…
