ASC Transactions & Valuation Issues

A Brookings Institution analysis published Sept. 3 maps how deeply the five largest U.S. health insurers — covering 126 million Americans — have expanded into owning the physician practices, ASCs, pharmacies and PBMs they also pay for care through. Researchers…

The country’s largest prescription drug distributors have committed more than $13 billion since late 2024 to buying up physician practices.  The biggest mover is Cencora. In April 2023, Cencora announced it agreed to acquire a minority interest in OneOncology. Then,…

The consolidation of physician practices and ASCs by hospitals, health systems and private equity persists in markets across the U.S. However, some ASC physicians and leaders sense a growing push towards independence as physicians fight for their autonomy and practice…

Private equity firms have spent more than a decade building physician practice management platforms in specialties such as cardiology, orthopedics, gastroenterology and ophthalmology. The playbook — acquiring a platform practice, adding on regional practices, then exiting within three to five…

As consolidation activity accelerates across the ASC industry, Avon, Conn.-based Constitution Surgery Alliance CFO Philip Cooksey said the company is staying deliberately selective about who it partners with, leaning on quality as a non-negotiable rather than chasing scale for its…

Sanford Health’s acquisition of Robbinsdale, Minn.-based North Memorial Health is set to close Sept. 1, after the two systems signed a 10-year oversight agreement with the Minnesota Attorney General’s Office Aug. 28 — five times longer than Sanford’s original two-year…

Here are four hospitals and health systems that laid off employees in the month of August, as reported by Becker’s: 1. Brattleboro (Vt.) Memorial Hospital shared plans to lay off nine employees as part of a broader financial recovery plan aimed…

From a jointly built AI documentation tool with Abridge to three distinct growth partnership models, Oakland, Calif.-based Kaiser Permanente has spent the past few months navigating expansion, labor tension and legal exposure. Here’s a breakdown of Kaiser Permanente’s notable initiatives…

Three physician practices announced closures within a single month, spanning rural Oklahoma, small-town Texas and Owensboro, Ky., as physicians cite retirement, personal reasons and the ongoing challenges of sustaining independent practice in underserved communities. Here are three physician practice closures…

Pottstown, Pa.-based Pottstown Medical Specialists, a physician-owned multispecialty group, filed for Chapter 11 bankruptcy Aug. 30 in the U.S. Bankruptcy Court for the Eastern District of Pennsylvania. Founded in 1978, the practice has grown from an internal medicine office into…