Private equity firm Welsh, Carson, Anderson & Stowe raised $4.3 billion to invest in healthcare and technology companies.
ASC Transactions & Valuation Issues
HCA Healthcare grew its outpatient caseload 3 percent year over year in the second quarter of 2019, which contributed to the company posting $12.6 billion in revenues for the quarter.
The ACA imposed a moratorium on physician-owned hospitals in 2010, preventing the development of 37 planned physician-owned hospitals, according to a report the Trump administration released in late 2018.
Although a number of physician-owned hospitals have been sold or shut down since the ACA imposed a moratorium on them in 2010, a few independent ones have managed to keep growing.
A building housing the Indianapolis-based Indiana Hand to Shoulder ASC and the practice's headquarters has been sold in a joint venture, according to Inside Indiana Business.
The VisionPoint Eye Center, housing four Illinois eye care practices, is scheduled to open Aug. 6, according to the Pantagraph.
HCA Healthcare grew its outpatient caseload by 3 percent year over year in the second quarter of 2019, going from 246,013 cases in the same period of 2018 to 253,441 cases.
Ophthalmology investment platform SightMD partnered with New York City-based Park Avenue Eye Institute.
Here are six updates on ASC companies and industry-relevant companies to note:
Eden Prairie, Minn.-based Optum has broken from its pattern of acquiring physician practices, outpatient clinics, urgent care facilities and surgery centers with plans to take over John Muir Health's non-clinical functions, according to Forbes contributor Bruce Japsen.
