Independent physicians face steeper challenges than ever before in ASC development. Raleigh, N.C.-based Compass Surgical Partners, an ASC company that has built more than 250 centers over the past 30 years, is now working to address those pressures head-on. Mark…
ASC Transactions & Valuation Issues
For Raleigh, N.C.-based Compass Surgical Partners, the key to ASC success is not scale alone. It is independence, intentional partnerships and agility. Independent physicians are on the decline, and staying independent is more difficult than ever. Small groups often struggle…
A multispecialty ASC in Panama City, Fla., leased by SCA Health, has been sold, according to a news release shared with Becker’s. The 15,255-square-foot facility, Northwest Surgery Center, includes three operating rooms, two procedure rooms, pre- and post-operative recovery areas,…
As consolidation accelerates, regulations tighten and financial pressures mount, ASC leaders are rethinking how ownership structures can support long-term sustainability. Four ASC leaders joined Becker’s to discuss what immediate change they would make to today’s ownership landscape, and why it…
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…
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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…
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…