There have been numerous ASCs and physician practices that have closed in the first months of 2025 for a range of reasons. Rising operational costs, staffing shortages and stagnant reimbursements rates are among the most common factors in the closures. …
ASC Transactions & Valuation Issues
Here are seven updates to know on Dallas-based Tenet Healthcare, the parent company of ASC giant United Surgical Partners International, that Becker’s has reported on so far this year:
Rite Aid is once again pursuing Chapter 11 bankruptcy protection, marking the second filing in less than two years, as it seeks to sell “substantially all” of its assets. Here are five things to know: 1. The company is currently…
A medical office building in Montclair, N.J., has sold for $17.9 million, according to a May 8 report from Real Estate NJ. The 41,000-square-foot facility was purchased by a joint venture between BGO and Anchor Health Properties. The seller has…
Here are three major hospital deals and mergers announced or finalized since May 1 that ASCs need to know: 1. OCH Regional Medical Center explores sale to Baptist Memorial Health Care OCH Regional Medical Center, a 96-bed facility in Starkville,…
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Cleveland Clinic has struck a partnership with management services organization Regent Surgical to develop an ASC network. Regent Surgical, founded in 2001, aids health systems in developing, managing and operating ASCs, according to a May 7 news release from Cleveland…
Hospitals are facing a growing financial challenge — they’re losing money on physicians amid the migration to employed models, according to a May 6 article from Kaufman Hall. Hospitals now lose an average of $306,792 per physician annually, according to…
Here are five ASC-focused joint ventures so far in 2025, as reported by Becker’s: 1. An April 16 report by Nashville, Tenn.-based law firm Bass, Berry & Sims highlighted a recent joint venture between Cincinnati-based Bon Secours Mercy Health System…
As the healthcare landscape continues to shift toward outpatient, health systems are rapidly expanding their ASC strategies. Here are five organizations are leading the way in reshaping what the ASC of the future looks like: Sutter Health Sacramento, Calif.-based Sutter…
From labor contracts to new leadership appointments, here are nine things Oakland, Calif.-based Kaiser Permanente have done in the last month: 1. Roughly 2,400 mental health workers ended a strike that began Oct. 21, after reaching a tentative labor contract…