Companion bills in the Maryland Senate and House propose removing an exception to the state’s certificate-of-need laws, according to a Feb. 23 article from law firm Baker Donelson. Here are five things to know about Senate Bill 494 and House…
ASC Transactions & Valuation Issues
With nearly 2,000 ASCs under a partnership by a national operator, up from about 1,300 centers in 2011, the consolidation of ASCs has taken on a new path over the past decade and a half. According to VMG Health’s 2025…
Physician consolidation has defined much of the past two decades in healthcare. Independent practices have folded into hospital systems, private equity firms have accelerated acquisitions and employment has replaced ownership for a growing share of physicians. In 2024, 42.2% of…
CMS’ 2026 Hospital Outpatient Prospective Payment System rule moves Medicare further toward site-neutral payment, as part of an effort to narrow long-standing payment gaps between hospital outpatient departments and ASCs. According to a Health Affairs analysis, the payment rule not…
As healthcare organizations and systems race to expand their outpatient networks, joint ventures can provide the right type of partnership to fuel ASC growth. But finding the right partner for a joint venture is paramount to fueling outpatient growth. Affordability…
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Hospital consolidation continued in the past month, with health systems across the U.S. signing and closing merger, acquisition and transfer agreements. Several of the transactions involve financially distressed facilities, nonprofit conversions and strategic regional expansions. Here are eight hospital deals…
The real estate of Fort Myers, Fla.-based Gladiolus Surgery Center has sold for $4.6 million, Business Observer Florida reported Feb. 19. Prime Healthcare Properties, a Dallas-based real estate investment firm, purchased the 7,315-square-foot building. CBRE, who represented Prime in the…
Greenville, S.C.-based Prisma Health and Atlas Healthcare Partners have formed a joint venture to develop and operate more than 15 ASCs across South Carolina, southeastern Tennessee and surrounding regions, according to a Feb. 19 news release. The partnership will combine…
Louisville, Ky.-based Kumar Eye Institute has acquired a medical office building in Louisville for $2.5 million, according to a Feb. 12 report from WDRB. The 17,000-square-foot building is partially leased to JenCare Senior Medical Center. The current tenant will remain…
Winston-Salem, N.C.-based Novant Health is accelerating its outpatient strategy as it builds out a 25-center ASC network designed to shift volume out of hospitals and closer to patients. Leslie Barrett, BSN, RN, senior vice president of ambulatory surgery strategy and…