At Sacramento, Calif.-based Sutter Health, a new scheduling strategy is giving physicians full, reliable block time in ASCs. “For physicians, block time is everything,” Sarah Sterling, executive of operations for Sutter Health’s Surgery Center division, told Becker’s. “Empty blocks mean…
ASC Transactions & Valuation Issues
Hospitals and health systems are increasingly looking to ASCs for joint venture partnerships as surgical procedures and patient preferences shift to the outpatient setting. In fact, according to a Jan. 4 VMG Health survey of 141 health system executives, including…
Here are five hospital deals Becker’s has reported on in the last month: 1. Philadelphia-based Temple Health has acquired Redeemer Health’s 20% stake in Chestnut Hill Hospital, giving the academic system an 80% ownership interest in the hospital. With the…
From payer dynamics to innovation, the ASC industry is being reshaped by shifting market share, rapid expansion and new quality benchmarks. While independent ASCs still make up most of the market, chain operators are driving much of the growth and…
The five largest ASC operators have accelerated growth through acquisitions, partnerships and de novo development. While independents still dominate the market, these chains now account for nearly one-third of all ASCs, reshaping outpatient surgery nationwide. Here’s where the five biggest…
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Optum subsidiary SCA Health, one of the largest ASC chains in the country, acquired one of the country’s largest gastroenterology physician groups in early 2025 from a private equity owner. Here are five things to know: 1. Exton, Pa.-based U.S.…
Private equity firm Great Hill Partners has acquired a majority interest in Blue Cloud Pediatric Surgery Centers, according to an Aug. 13 news release. Here are four more things to know: 1. Blue Cloud is the nation’s largest operator of…
Women First PC in Winchester, Va., will close in September, according to a public notice posted by the Winchester Star Aug. 18. Heather Reese, MD, will be closing her practice due to long term health issues. The last day of…
Knoxville-based Tennessee Orthopaedic Alliance East Tennessee has opened its first ASC in the state, the Parkwest Surgery Center, also located in Knoxville, according to an Aug.18 news release shared with Becker’s. The 36,000-square-foot facility features 12 operating rooms equipped for…
The ASC merger and acquisition space has undergone a dramatic transformation over the past few decades, from a niche market to a core focus for major health systems, payers and private equity. Jim Freund, managing partner at Physician Transaction Advisors,…