Joint ventures with hospitals and health systems have become an increasingly important tenet of ASC growth and development, as the demand for outpatient surgery rises and the market becomes more competitive. Here are three trends shaping the way that ASC…
ASC Transactions & Valuation Issues
ASCs are navigating a tough financial landscape: operational costs continue to climb while Medicare and private payer reimbursements remain flat, or, in some cases, decline. From staffing models to supply chain management, six ASC experts joined Becker’s to discuss how…
In the competitive ASC market, joint ventures have become a cornerstone of growth. But Regent Surgical Health CEO Travis Messina argues that too many JV discussions begin in the wrong place: with management companies pitching solutions before understanding a partner’s…
Here are four hospital closures Becker’s has reported on since Aug. 1: 1. Banner Health will end emergency services at its Loveland, Colo.-based Banner McKee Medical Center on Nov. 5 as the facility is converted to a specialty hospital. Banner…
Alejandro Badia, MD, orthopedic surgeon and founder of Miami-based OrthoNOW, has partnered with Redwood Growth Partners, according to a Sept. 3 news release. The collaboration with the investment and advisory firm is expected to accelerate OrthoNOW’s growth, with plans to…
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The ASC industry has existed for decades, but today’s operating environment looks dramatically different than it did at its inception. For Franklin, Tenn.-based Regent Surgical Health, that shift requires a new playbook. Founded in 2001, Regent Surgical Health partners with…
The physician market has been undergoing rapid consolidation, with health systems, private equity and other healthcare players competing to expand their reach. Here are 14 deals disrupting the physician market since November 2024: 1. In September, HonorHealth signed an agreement…
HonorHealth has signed an agreement to acquire Evernorth Care Group from Cigna. Evernorth Care Group operates 18 clinics in the greater Phoenix area and provides integrated primary care services to nearly 80,000 patients. The clinics will join HonorHealth upon close…
Nashville, Tenn.-based ASC company Regent Surgical has entered into a partnership with Patches Kids Care to develop ASCs, marking its first venture into pediatric care. The collaboration will focus on jointly developing and operating pediatric ASCs, beginning with a location…
Here are five things to know about Oakland, Calif.-based Kaiser Permanente from the last month: 1. It’s been nearly nine months since Greensboro, N.C.-based Cone Health joined Risant Health, a nonprofit created by Oakland, Calif.-based Kaiser Permanente. Cone Health CFO…