ASC Transactions & Valuation Issues

Physician practice bankruptcies climbed to their highest level in recent years in 2024 before dipping again in 2025, highlighting ongoing financial volatility for independent and small-to-mid sized physician groups, according to a report from Gibbins Advisor published Jan. 22.  The…

Here are seven hospitals and health systems that announced or conducted layoffs in January, as reported by Becker’s: 1. Erie County Medical Center in Buffalo, N.Y., will lay off about 3% of its workforce and require unpaid, one-week furloughs for…

Los Angeles-based RadNet acquired the outpatient imaging assets of Northwest Radiology Network, marking the company’s entry into Indiana, according to a Feb. 2 news release. The transaction included six outpatient imaging centers located in the greater Indianapolis area. Founded in…

The ASC market continues to consolidate, with Dallas-based United Surgical Partners International leading the sector by market share, according to a 2025 report from VMG Health., according to a report from VMG Health.  Here’s a breakdown of the biggest ASC…

Dallas-based Tenet Healthcare, parent company of ASC chain United Surgical Partners International, is regaining full control of its revenue cycle management subsidiary Conifer Health Solutions as Chicago-based CommonSpirit exits the partnership. Here are five things to know: 1. Under the…

Nashville, Tenn.-based HCA Healthcare has acquired 13 urgent care clinics and six freestanding emergency departments as it continues its outpatient expansion.  HCA’s Dallas-based Medical City Healthcare said Feb. 2 that it has acquired 13 CommunityMed urgent care centers to serve…

Hospitals and health systems are increasingly investing in ASCs not only as a method for expanding surgical volumes, but as a key element of system affordability. “We think about affordability not just being something that we state, but something that…

Vision Innovation Partners acquired Ophthalmic Associates of Alexandria (Va.), according to a Feb. 2 press release. Founded in 2010, Ophthalmic Associates of Alexandria, led by Jacob Clark, MD, provides eyecare and related medical treatments in the Alexandria area.  The acquisition…

Wellsville, N.Y., pediatrician Zahi Kassas, MD, will shutter his practice May 1, The Evening Tribune reported Feb. 2.  After more than 25 years serving the community, Dr. Kassas will transition into a more limited role focused on hospital-based pediatric services…

In 2025, the ambulatory surgery center (ASC) market continued to solidify its role as a core site of care for elective and increasingly complex outpatient procedures. Growth was driven by steady operator expansion, ongoing industry consolidation, and favorable regulatory tailwinds.…