Pinehurst (N.C.) Radiology Associates, which shuttered following a cyberattack earlier this year, has sold its property to its longtime partner FirstHealth of the Carolinas for $5.75 million, according to a June 2 report from The Pilot. The parcel, located in…
ASC Transactions & Valuation Issues
Here are four hospitals who have shuttered services in June 1. Columbus (Ind.) Regional Health Columbus Regional Health is planning a phased closure of several key services, including its inpatient rehabilitation unit and the CRH Orthopedics and Sports Medicine outpatient…
South Bend, Ind.-based Beacon Health System has acquired Ascension Southwest Michigan. According to a July 1 news release shared with Becker’s, locally-owned, nonprofit Beacon signed a definitive agreement to acquire ASM’s four hospitals, 35 outpatient clinics and an ASC in…
Providence, R.I.-based Anchor Medical Associates officially closed all three of its offices on June 30, leaving approximately 25,000 patients without a primary care provider, CBS affiliate WPRI reported. The closure, announced in April, was attributed to a worsening physician shortage…
Historically dominated by physician owners, ASCs are now seeing rising involvement from hospitals, private equity firms and even payers. Shobhit Minhas, MD, orthopedic surgeon at Fox Valley Orthopedics in Geneva, Ill., joined Becker’s to discuss the decline of 100% physician-owned…
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From sprawling hospital systems to the growing influence of private equity, the physician landscape is shifting rapidly. Here are the top five players driving change — and controversy — in physician consolidation. 1. Health systems and employment models Large, integrated…
From new executive appointments to expanded AI tools, here are 10 updates to know on UnitedHealth Group’s Optum, the parent company of ASC chain SCA Health, that Becker’s has reported on in the first six months of 2025:
Here are 11 hospitals and health systems that have announced layoffs since June 1, as reported by Becker’s: 1. On June 26, King County Superior Court denied a labor union’s request to halt layoffs and clinic closures at Renton, Wash.-based…
ASC ownership has undergone dramatic changes in recent years, shifting from predominantly physician-owned models to increasingly complex arrangements involving hospitals, private equity and corporate stakeholders. Six ASC leaders joined Becker’s to discuss the evolution of ASC ownership models. Question: How…
Texas Gov. Greg Abbott has signed a bill that would place stricter limitations on restrictive covenants in employment contracts for physicians and other healthcare practitioners, according to a June 26 blog post by Chicago-based law firm Jackson Lewis. Here are…