Tenet Healthcare is leaning into its higher-acuity service lines with robotic surgery remaining a key growth strategy for United Surgical Partners International, the Dallas-based health system’s ASC arm. USPI added roughly 150 robotic surgery programs in its ASCs during the…
ASC Transactions & Valuation Issues
Here are four hospitals and health systems laying off employees in the month of April, as reported by Becker’s: 1. San Antonio-based Laurel Ridge Treatment Center, a 330-bed behavioral health facility owned by King of Prussia, Pa.-based Universal Health Services,…
MercyOne has announced plans to close its South Des Moines (Iowa) Family Medicine and Urgent Care office on June 26, citing staffing shortages and government reimbursement rates that do not cover the full cost of care, according to an April…
A third malpractice lawsuit against a closed Ames, Iowa, cosmetic ASC and its former physician has been dismissed, the Ames Tribune reported April 29. Sandra and Gary Quade, parents of a patient who allegedly died of acute blood loss following…
For years, consolidation in the ASC space meant private equity or health systems buying up facilities and squeezing out physician autonomy in the process. But something has shifted, according to Benjamin Stein, MD, orthopedic surgeon and co-founder and chairman of…
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As health systems continue acquiring surgical practices and folding physicians into employed models, Bethesda, Md.-based Capital Surgical Solutions is betting that surgeons who own their environment deliver better care, and that better care delivers better margins. Benjamin Stein, MD, orthopedic…
An ASC jointly operated by United Surgical Partners International and a local physician group has been acquired by Cornerstone Companies, a healthcare real estate firm. Stone Manor MOB in Warrington, Pa., is a 62,750-square-foot facility that includes a multispeciality, high-volume…
Medford, Ore.-based Asante has filed an emergency exemption request with the Oregon Health Authority to expedite its acquisition of sole ownership of the Surgery Center of Southern Oregon, citing the facility’s deteriorating financial condition, KOBI-TV NBC5 reported April 28. Asante…
From stagnant payer contracts to underutilized operating roomtime, the financial vulnerabilities in today’s ASC landscape are as varied as they are preventable. Rising labor, supply and anesthesia expenses are outpacing reimbursement gains, squeezing margins at centers still operating on volume-first…
Franklin, Tenn.-based Community Health Systems is making a decisive pivot toward ASC growth. The nation’s largest for-profit hospital operator by facility count has spent recent years shedding underperforming hospitals, divesting seven in 2025 alone, while simultaneously doubling down on outpatient…