Charlotte, N.C.-based Carolina NeuroSurgery & Spine Associates, one of the country’s largest independent neurosurgery practices, will officially join Atrium Health on Oct. 1. Nearly 300 employees across seven Charlotte-area clinics will become part of the hospital system. Here are five…
ASC Transactions & Valuation Issues
Several health systems have called off or unwound partnerships since Aug. 1, citing financial pressures, regulatory uncertainty and shifting strategic priorities. 1. Bon Secours Mercy Health and Westchester Medical Center Health Network Cincinnati-based Bon Secours Mercy Health and Valhalla, N.Y.-based…
Healthcare real estate company Montecito Medical has purchased a 23,000-square-foot medical office building in Midland, Texas. The property is fully occupied and includes Midland Ambulatory Surgery Center and Midland Imaging Center, the city’s only freestanding imaging facility, according to a…
Overall transaction activity in the healthcare services sector ticked up slightly in the second quarter of 2025 compared to the prior quarter, though dealmaking still trails the robust levels seen in recent years, according to a blog post from consulting…
St. Louis-based Ascension, which signed a definitive agreement on June 17 to acquire ASC operator AmSurg, reported a fiscal 2025 operating loss of $490.9 million (a -1.6% operating margin), a significant improvement from its $1.8 billion loss (-6.3% margin) the…
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Here are four recent updates from Dallas-based Tenet Healthcare, parent company of ASC chain United Surgical Partners International: 1. Tenet opened a new 54-bed hospital in Port St. Lucie, Fla., on Sept. 4. Florida Coast Medical Center is the sixth…
As pressures mount on independent physicians and health systems, a new model is reshaping ASC development: the three-way joint venture. This structure, typically uniting a health system, a physician group, and an ASC management company, aligns interests across care while…
Two Kerlan Jobe Orthopaedic Clinic surgeons have filed a lawsuit against Los Angeles-based Cedars-Sinai Medical Center, its nonprofit foundation, and affiliated ASCs alleging defamation, retaliation, sex discrimination and other unlawful actions, according to lawsuit documents accessed by Becker’s. What happened?…
Here are five private equity deals that have gone down in the ASC industry over the past six months, according to a Sept. 12 report from PE Hub.
From regulatory hurdles to misperceptions about competition, three ASC leaders spoke with Becker’s about what they see as the most misunderstood aspects of ASC ownership. Question: What is the most misunderstood aspect of ASC ownership by policymakers or hospital systems?…