AmSurg President Jeff Snodgrass joined Becker’s to discuss the company’s future in broadening its service lines, deepening health system partnerships and reinforcing its support for independent physicians. With an acquisition by Ascension on the horizon, AmSurg is poised to accelerate…
ASC Transactions & Valuation Issues
Myrtletown, Calif.-based North Coast Ophthalmology and Humboldt Physicians Surgery and Laser Center will permanently close in February as both ophthalmologists are set to retire, Times Standard reported Oct. 31. The practice, which provides eye surgeries, intravitreal injections and treatment for…
The Doylestown (Penn.) Surgery Center has closed, leaders confirmed to Becker’s Oct. 30. The ASC was jointly owned by Doylestown Hospital, Philadelphia-based Jefferson Health, Rothman Orthopaedics, Leawood, Kan.-based NueHealth and 10 surgeons. “Rothman remains deeply committed to providing world-class access…
The ASC sector was highly active in the third quarter, marked by a wave of acquisitions, including several in which ASCs were part of larger physician practice deals, according to an Oct. 29 article in JDSupra by Nashville, Tenn.-based law…
Optum Health is rolling back parts of its rapid expansion to refocus on its core value-based care model after what executives described as a drift from the company’s original mission, according to an Oct. 29 earnings call from parent company…
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Dallas-based Tenet Healthcare is doubling down on its ASC growth strategy, continuing to “prioritize capital investments” in its ASC arm, United Surgical Partners International, through a robust mergers and acquisitions pipeline, executives said during an earnings call transcribed by Seeking…
Franklin, Tenn.-based Community Health Systems is pressing forward with hospital divestitures in 2025 as part of its effort to sharpen its strategic focus, exit non-core markets and reduce debt. “We’re still pursuing some divestitures and are in some early conversations,”…
As the healthcare landscape evolves, ASCs are navigating a complex mix of financial, operational and competitive pressures that threaten their independence and profitability. Here are three market pressures shaping ASCs today: 1. Payment disparities between ASCs and HOPDs ASCs are…
While ASCs can save money in the short term by cutting hours or delaying upgrades, some leaders feel long-term success depends on keeping experienced staff and maintaining strong compliance systems. Raghu Reddy, chief administrative officer of Southfield, Mich.-based MiOrtho Surgery…
Franklin, Tenn.-based Community Health Systems is shifting its focus towards ASCs in 2025, according to a quarterly earnings call published Oct. 24 by Seeking Alpha. Leaders remarked on a positive conclusion to 2025, as CHS’ net operating revenues so far…