For the last 20 years, the consolidation of physician practices has been a growing phenomenon in healthcare. In 2024, just 42% of physicians worked in private practice, down from 60% in 2012. Nearly half (47%) were employed by or affiliated…
ASC Transactions & Valuation Issues
Community Health Systems and CPIhealth together announced four ASC acquisitions and openings in a single month, underscoring the accelerating pace of consolidation reshaping the ASC landscape. The deals are the latest sign of a broader shift underway across the ASC…
Minneapolis-based Fairview Health Services and Atlas Healthcare Partners have formed a joint venture to develop and operate a network of ASCs across Minnesota and surrounding regions, according to an April 21 news release. The partnership combines Fairview’s clinical infrastructure as…
Optum, UnitedHealth Group’s healthcare services arm that includes ASC chain SCA Health, reported $63.7 billion in total revenue for the first quarter of 2026, roughly flat compared to $63.9 billion during the same period last year, according to the company’s…
St. Louis-based Ascension is poised to become one of the country’s biggest ASC operators, following its June 2025 bid to acquire ASC company AmSurg in a deal reportedly valued at approximately $3.9 billion. The system said it is “strengthening its…
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Compass Capital Investments has purchased a medical office property in San Diego for $18.2 million, according to an April 27 report from REBusiness Online. The 71,971-square-foot property spans two buildings and its current tenant mix includes dermatology, urology, pain management…
A Michigan surgeon has been sentenced to 12 months in federal prison for his role in a scheme to submit more than $7 million in fraudulent Medicare claims for psychotherapy services that were never rendered, the Justice Department said in…
A primary care clinic that has served Dryden, N.Y. for more than 70 years will close May 1, the Ithaca Voice reported April 17. Cayuga Primary Care Dryden, part of Centralus Health, has operated since 1955. Centralus cited staffing challenges…
As ASCs and outpatient care shift towards the center of organizational growth strategies, joint ventures and partnerships between hospitals, health systems, ASCs, physicians and management groups are becoming more common. Here are four outpatient joint ventures or partnerships shaping the…
Over the past five years, health systems, private equity firms and corporate giants have poured billions into the ASC market, snapping up physician-owned centers and building platforms from scratch. From Ascension’s near-$4 billion grab for AmSurg to Cardinal Health’s bet…