In early February, Ortho Rhode Island began offering Stryker’s Mako SmartRobotics for reverse shoulder replacement procedures at the Ortho RI Surgery Center, becoming the first ASC in the state to do so. Michael Bradley, MD, president and CEO of Ortho…
ASC Transactions & Valuation Issues
Tenet Healthcare’s United Surgical Partners International remains the largest ASC company in the U.S., with 520 centers in its portfolio, according to VMG Health’s annual ASC industry report published Feb. 3. Here is a breakdown of the five largest ASC…
Nashville, Tenn.-based Montecito Medical has acquired a 49,430-square-foot cardiology and ASC building in Wichita, Kan., according to a Feb. 12 news release. Heartland Cardiology serves as anchor tenant, occupying over 40,000-square-feet of the available space. Epic Heart & Surgery Center,…
Tacoma, Wash.-based MultiCare’s proposed merger with Corvallis, Ore.-based Samaritan Health Services is being reviewed by the Oregon Health Authority, according to a Feb. 12 report from The Lund Report. The two health systems said that the deal is necessary due…
Outpatient care remains one of healthcare’s hottest investment targets in 2026. From new multimillion-dollar ASC builds to joint venture partnerships, these moves signal continued confidence in the shift toward ambulatory care settings. Here are some of the largest investments being…
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Tenet’s ASC arm, United Surgical Partners International, is positioning itself for a new growth runway as Medicare begins phasing out its inpatient-only list in 2026, a policy shift the company said will gradually expand the number of higher-acuity procedures moving…
Optum, UnitedHealth Group’s healthcare services arm, is closing Family Medical Group Northeast, a clinic in Portland, Ore., according to a Feb. 11 report from Willamette Week. The clinic, which has provided care for more than 30 years, was acquired by…
Tenet Healthcare’s United Surgical Partners International had an “active year” in 2025, investing nearly $350 million and adding 35 facilities to its ambulatory portfolio, CEO Saum Sutaria, MD, said during the company’s fourth-quarter earnings call Feb. 11. “The pipeline for…
Winston-Salem, N.C.-based Novant Health has approved plans for a multi-year facility expansion in Wilmington, N.C., including a second outpatient heart and vascular building and upgrades to surgical and endoscopy services. The plans include an 80,000-square-foot heart and vascular medical office…
Hershey, Pa.-based Penn State Health has become the sole owner of the Surgery Center of Lancaster (Pa.). According to a Feb. 11 news release, Penn State took over the ASC Jan. 1. Previously the health system held 60% majority ownership…