ASC Transactions & Valuation Issues

From procedure migration to financial pressures, two ASC leaders joined Becker’s to discuss the forces reshaping the ASC landscape. Question: What emerging disruptors do you see having the biggest impact on the ASC sector over the next five years? Editor’s…

Ambulatory surgery centers (ASCs) play a vital role in delivering cost-efficient, specialized outpatient care. With thinner margins than hospitals, ASCs face heightened revenue and cash flow risk when denials or reimbursement delays occur—particularly with implant-and device heavy procedures in orthopedics,…

Here are four organizations that have recently acquired physician practices and ASCs, as reported by Becker’s since Oct. 6:

Big Sky Medical, an investment management firm, has bought Hillcrest Medical Park, a 31,661-square-foot outpatient medical office building in Frisco, Texas.  The building includes a mix of existing medical tenants and move-in-ready space for new practices. It is located in…

Newton, Mass.-based Atrius Health, a subsidiary of Optum, plans to acquire Acton Medical Associates, a 45-provider primary care group serving the Boston area, according to a Sept. 25 filing from the Massachusetts Health Policy Commission. Acton comprises 45 providers and…

1. Buffalo, N.Y.-based Kaleida Health System closed an ASC that has been in operation for more than 35 years. Kaleida cited multiple factors contributing to the closure, including reductions in federal funding — specifically in Medicaid reimbursement.  2. Peoria, Ill.-based…

Private equity firms have had a significant impact on the ASC industry over the past few years, providing investments to ASC operators across a number of specialties.  Here are some of the prominent ASC companies that have received private equity…

Fort Myers, Fla.-based Millennium Physician Group and Orlando, Fla.-based IMA Medical Group are partnering together.  The integration of the organizations aims to expand patient-centered, value-based care in Florida, according to an Oct. 6 news release from Millennium Physician Group.  IMA…

Becker’s has reported on three physician practice acquisitions by Optum, UnitedHealth Group’s physician practice arm, in less than one year. 1. In August, Optum-owned SCA Health acquired U.S. Digestive Health Management, adding 24 ASCs and more than 40 GI practice…

Becker’s has reported on six physician practice closures since Sept. 1.  1. A Paramus, N.J., clinic and its operator were ordered to halt all operations after a judge issued a temporary injunction against a man accused of posing as a…