Alejandro Badia, MD, orthopedic surgeon and founder of Miami-based OrthoNOW, has partnered with Redwood Growth Partners, according to a Sept. 3 news release. The collaboration with the investment and advisory firm is expected to accelerate OrthoNOW’s growth, with plans to…
ASC Transactions & Valuation Issues
The ASC industry has existed for decades, but today’s operating environment looks dramatically different than it did at its inception. For Franklin, Tenn.-based Regent Surgical Health, that shift requires a new playbook. Founded in 2001, Regent Surgical Health partners with…
The physician market has been undergoing rapid consolidation, with health systems, private equity and other healthcare players competing to expand their reach. Here are 14 deals disrupting the physician market since November 2024: 1. In September, HonorHealth signed an agreement…
HonorHealth has signed an agreement to acquire Evernorth Care Group from Cigna. Evernorth Care Group operates 18 clinics in the greater Phoenix area and provides integrated primary care services to nearly 80,000 patients. The clinics will join HonorHealth upon close…
Nashville, Tenn.-based ASC company Regent Surgical has entered into a partnership with Patches Kids Care to develop ASCs, marking its first venture into pediatric care. The collaboration will focus on jointly developing and operating pediatric ASCs, beginning with a location…
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Here are five things to know about Oakland, Calif.-based Kaiser Permanente from the last month: 1. It’s been nearly nine months since Greensboro, N.C.-based Cone Health joined Risant Health, a nonprofit created by Oakland, Calif.-based Kaiser Permanente. Cone Health CFO…
Here are the six hospitals and health systems Becker’s has reported on shuttering services since Aug. 11: 1. Aurora Medical Center-Sheboygan County in Wisconsin plans to stop offering inpatient psychiatric care and convert those beds to medical and surgical beds…
Here are seven hospitals and health systems laying off employees throughout August, as reported by Becker’s: 1. Little Rock-based Arkansas Heart Hospital has laid off 40 staff positions or about 4% of its workforce. Jacob Robinson, Arkansas Heart Hospital’s chief…
Between regulatory oversight, payer demands and hospital-driven consolidation, physician autonomy in clinical decision-making hasteadily eroded. Niazy Selim, MD, a private practice GI surgeon in Lake Charles, La., told Becker’s the current healthcare system leaves physicians practicing medicine “with their backs…
Walgreens Boots Alliance has officially transitioned to private ownership following its acquisition by New York City–based private equity firm Sycamore Partners. Here are five things to know: 1. Shareholders approved the $10 billion sale at a special meeting July 11.…