Physician-hospital joint venture ASCs are continuing to grow in popularity, Medical Consulting Group's Robert McCarville and Stephen Sheppard said in a December article published by EyeWorld.
ASC Transactions & Valuation Issues
Through a five-year partnership, construction firm Ryan Companies has helped develop five ASCs affiliated with Nashville, Tenn.-based Surgery Partners. Most recently, Ryan helped complete Valley Ambulatory Surgery Center in St. Charles, Ill.
The pandemic quieted ASC deals midyear, but there have been several fascinating transactions in the second half of 2020.
Raleigh, N.C.-based US Radiology Specialists acquired Birmingham, Ala.-based ImageSouth, the physician-owned radiology practice announced Dec. 10.
Grand Teton Surgical Center sold majority interest to Idaho Falls-based Mountain View Hospital and Surgery Partners, according to a report from Merritt Healthcare Advisors.
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Dallas-based Tenet Healthcare will acquire up to 45 ASCs from Towson, Md.-based SurgCenter Development for $1.1 billion, Tenet announced Dec. 10.
Healthcare valuation and transaction advisory firm VMG Health has acquired RR Health Strategies, a medical coding, compliance and management consulting firm, according to a Dec. 8 announcement.
Here are 10 updates on ASC companies and industry-relevant companies to note:
Two San Diego medical groups have merged to create Palomar Health Medical Group in Escondido, Calif., Valley News reported Dec. 4.
Becker's ASC Review reported on four recent ASC acquisitions in November.