Every health system building out an ASC network eventually faces the same decision in every new market: whether to acquire an existing center, build a new one or convert something the hospital already owns. The question has taken on more…
ASC Transactions & Valuation Issues
Becker’s has reported on three ASC closures in the last week as outpatient surgery facilities cite consolidation, efficiency and shifting care sites. Here are the three closures: 1. Vandalia Health is closing the SurgiCare outpatient surgical facility at CAMC Memorial…
Brentwood, Tenn.-based Surgery Partners has focused much of its efforts in 2026 toward optimizing its portfolio. In July, the company signed a definitive agreement to sell its ownership interests in two hospitals to Salt Lake City-based Intermountain Health, a major…
Florence (S.C.) Ears, Nose and Throat has joined McLeod Physician Associates, rebranding as McLeod Florence ENT effective Aug. 1, McLeod Health announced Aug. 10. The practice includes four board-certified otolaryngologists: Howard Farrell, MD; Shawn McKay, MD; David Rosi, MD; and…
YurHealth will close its primary care practices in Millen and Baxley, Ga. on September 10, according to an Aug. 10 Facebook post from the company. No reason for the closure was provided. A select group of providers will remain on-site…
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From a first-quarter earnings beat to a wave of physician practice closures and a fresh entanglement in ASC antitrust remedies, Optum has spent the past few months navigating a mix of financial recovery and operational retrenchment. Here’s a breakdown of…
From explosive quarterly profit to a new AI-powered care platform, CVS Health has spent the past several months reshaping how it makes money and how regulators, competitors and patients see it. Profit triples CVS Health’s second-quarter earnings offered the clearest…
Hospital job cuts are becoming less frequent in 2026 as health systems trim payrolls more selectively this year. However, despite an overall decrease in layoffs, hospitals are shutting down entire service lines, particularly in rural markets. For physicians weighing where…
Surgery Partners’ net loss attributable to the company jumped to $15 million in the second quarter, a 500% increase from a $2.5 million loss in the same period last year, even as revenue grew 2.7% to $848.9 million, the Brentwood,…
DISC Surgery Center at Walnut Creek (Calif.), formerly known as Pinnacle Surgery Center, has permanently closed as of Aug. 1, according to a notice posted on the facility’s website. No reason for the closure was provided. Patients seeking copies of…