ASC Transactions & Valuation Issues

Dallas-based United Surgical Partners International, the ASC arm of Tenet Healthcare, reported third-quarter revenue of $1.28 billion, an 11.9% increase from the same period last year, according to financial documents released Oct. 28. Here are five things to know: 1. The…

ASCs are entering what Jenny Bono, administrator of the Joint Replacement Center of Lake Charles (La.), calls an “accelerated maturation period.”  Over the next five years, she expects ASCs to evolve not only in size and volume but also in…

Downers Grove, Ill.-based Duly Health and Care has acquired a minority ownership interest in Valley Ambulatory Surgery Center. The acquisition was made through a partnership with Surgery Partners, and expands Duly’s commitment to providing outpatient surgical care, according to an…

Nashville, Tenn.-based AmSurg has acquired Surgery Center of Conway (S.C.), marking the organization’s fourth facility based in South Carolina.  Surgery Center of Conway is 5,000 square feet and includes two operating rooms, according to an Oct. 28 news release from…

From changing patient expectations to economic pressures, ASC leaders are warning of underrecognized trends that could catch the industry off guard. Here are three emerging shifts ASCs may not be ready for: 1. Rising patient technology expectations ASCs need to…

As the federal government shutdown enters its fourth week, hospitals and physician practices across the country are facing growing uncertainty.  For physicians, telehealth benefits expanded during the COVID-19 pandemic expired Oct. 1 and the federal government ended CMS reimbursement for…

Nashville, Tenn.-based HCA Healthcare’s revenue is increasingly being driven by outpatient care, according to its third-quarter financial results, which were released Oct. 24: Here are five things to know about the company’s third quarter:

Becker’s reported on seven significant hospital transactions announced or advanced across the U.S. between Oct. 14 and Oct. 22.  Here are the seven deals: 1. Samaritan Health Services and MultiCare Health System Corvallis, Ore.-based Samaritan Health Services and Tacoma, Wash.-based…

Here are three health systems that announced the closure of clinics, as reported by Becker’s since Oct. 14:

As the ASC industry heats up with competition between hospitals, health systems, corporate entities and independent practices, ASC leaders are faced with difficult choices as they debate maintaining independence, partnering up or selling off their practice to survive.  According to…