For years, consolidation in the ASC space meant private equity or health systems buying up facilities and squeezing out physician autonomy in the process. But something has shifted, according to Benjamin Stein, MD, orthopedic surgeon and co-founder and chairman of…
ASC Transactions & Valuation Issues
As health systems continue acquiring surgical practices and folding physicians into employed models, Bethesda, Md.-based Capital Surgical Solutions is betting that surgeons who own their environment deliver better care, and that better care delivers better margins. Benjamin Stein, MD, orthopedic…
An ASC jointly operated by United Surgical Partners International and a local physician group has been acquired by Cornerstone Companies, a healthcare real estate firm. Stone Manor MOB in Warrington, Pa., is a 62,750-square-foot facility that includes a multispeciality, high-volume…
Medford, Ore.-based Asante has filed an emergency exemption request with the Oregon Health Authority to expedite its acquisition of sole ownership of the Surgery Center of Southern Oregon, citing the facility’s deteriorating financial condition, KOBI-TV NBC5 reported April 28. Asante…
From stagnant payer contracts to underutilized operating roomtime, the financial vulnerabilities in today’s ASC landscape are as varied as they are preventable. Rising labor, supply and anesthesia expenses are outpacing reimbursement gains, squeezing margins at centers still operating on volume-first…
Advertisement
Franklin, Tenn.-based Community Health Systems is making a decisive pivot toward ASC growth. The nation’s largest for-profit hospital operator by facility count has spent recent years shedding underperforming hospitals, divesting seven in 2025 alone, while simultaneously doubling down on outpatient…
Orthopedic care is a high-demand target for private equity groups, PE Hub reported April 24, with the outpatient shift driving a significant portion of recent investment and growth. While there have been several large PE-backed orthopedic platforms created or acquired…
Orthopedics and plastic surgery have traded the top two spots in Medscape’s annual Physician Compensation Report every year since 2021, with orthopedics seeing compensation climb by more than $80,000 over that span. Orthopedic surgeons now command an average of $611,000…
The Federal Trade Commission has made several recent moves in the legal and regulatory space that will have a sustained impact on competition and development for ASCs. 1. FTC reaches preliminary settlement with U.S. Anesthesia Partners: The commission reached an…
Nashville, Tenn.-based HCA Healthcare brought in more than $19 billion in first quarter revenues, an increase of 4.3%, according to the company’s April 24 financial report. Here are seven more financial notes: