ASC Transactions & Valuation Issues

Wyoming is the best state for physicians to reach financial independence, drawn from factors including average salary, state taxes, cost of living and malpractice environment, according to a recent blog post from Marit Health. Here’s a breakdown of the 10…

Farmington, Conn.-based ProHealth Physicians, owned by Optum, UnitedHealth Group’s physician practice arm, will permanently close its primary care practice in Putnam, Conn., in December.  In a Nov. 25 letter, Putnam Medical Associates said it would permanently close Dec. 23. Two…

Here are nearly 10 ASCs and outpatient facilities that have closed in 2025, as reported by Becker’s.  Gaps in funding, staff struggles and to improve health system efficiencies led to a number of ASCs closing so far this year. Note:…

Patrick County Urgent Care, an urgent care facility in Claudsville, Va., closed its doors Nov. 14, according to a notice posted in the window of the former physician’s office and obtained by Radio IQ Nov. 14. According to the report,…

Four primary care practices in southern New Jersey are being “abruptly” closed by Optum, UnitedHealth Group’s physician practice arm, the Pine Barrens Tribune reported Nov. 20. One of the physicians at a closing practice in Medford, N.J., John Hickey, MD,…

Here are six notes on the Q3 earnings of Surgery Partners, USPI and Optum, three of the biggest players in the ASC industry. 

Los Angeles-based Commons Clinic is positioning itself as a physician-led counterweight to healthcare consolidation, backed by investors who believe independent surgeons are essential to the future of surgical care. For John Loser, founder and general partner of Floating Point, a…

Chicago-based GE HealthCare is to acquire Intelerad, a medical imaging software company with a strong outpatient and ambulatory presence, for $2.3 billion in cash.  The deal will expand GE HealthCare’s enterprise imaging footprint beyond hospitals and academic centers into high-growth…

As some ASCs weigh the promise of hospital joint ventures, leaders caution against misalignments in conversations with prospective hospital partnerships. Here are three red flags to know: 1. Misaligned goals: A strong joint venture needs to be on the same…

Here are five physician practices and clinics that closed during the third quarter, for reasons ranging from recalls to retirements, as reported by Becker’s.