Dallas-based United Surgical Partners International, Tenet Healthcare’s ASC arm, continues to grow its footprint and shift toward higher-acuity outpatient care. Here are 10 things to know so far in 2025: 10. USPI’s adjusted EBITDA for Q2 2025 reached $498 million,…
ASC Transactions & Valuation Issues
Brown Health has finalized its merger with Brown Physicians, following approvals from the Federal Trade Commission and Rhode Island Attorney General Peter Neronha, the system announced Sept. 30. BPI is a multi-specialty practice group founded and led by faculty at…
Cleveland Clinic sold its outpatient facility in Mansfield, Ohio, to FG MC II Mansfield for $8.1 million. The transaction is part of the health system’s strategy to transition outpatient sites from ownership to long-term leasing, aimed at reducing expenses and…
Private equity firm Revelstoke Capital Partners has acquired Griffin Concierge Medical, a physician-owned, membership-based practice in Tampa, Fla., according to a Sept. 30 news release from TM Capital, the investment bank that advised on the deal. Founded in 2008, Griffin…
CVS Health subsidiary Omnicare has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Northern District of Texas following a nearly $1 billion federal judgment and mounting financial pressures. Here are five things to know: 1. Omnicare…
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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 physician, Morristown Minute reported Sept. 29. What happened?
From artificial intelligence to insurance hurdles straining patient care, nine physicians joined Becker’s to discuss the biggest disruptor affecting physicians right now. Question: Which new disruptor (technological, regulatory or economic) do you feel is most affecting the physician experience right…
Here’s what five ASC leaders have told Becker’s recently about how they are approaching joint ventures today, what pitfalls they see and where the opportunities lie. Jennilee Caffey. Regional Administrator, Baylor Scott & White Sports Surgery Center, The Star (Frisco,…
Here are four recent updates from CVS Health: 1. CVS Health subsidiary Omnicare has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Northern District of Texas. The filing follows both broader financial difficulties and a July…
Allegheny Health Network is closing a primary care practice in New Kensington, Pa., Trib Live reported Sept. 24. Mark Kerr, a member of Teamsters Local 30, told the publication the closure will affect more than 3,000 patients and 12 employees.…