Dallas-based Tenet Healthcare, parent company of ASC chain United Surgical Partners International, is regaining full control of its revenue cycle management subsidiary Conifer Health Solutions as Chicago-based CommonSpirit exits the partnership. Here are five things to know: 1. Under the…
ASC Transactions & Valuation Issues
Nashville, Tenn.-based HCA Healthcare has acquired 13 urgent care clinics and six freestanding emergency departments as it continues its outpatient expansion. HCA’s Dallas-based Medical City Healthcare said Feb. 2 that it has acquired 13 CommunityMed urgent care centers to serve…
Hospitals and health systems are increasingly investing in ASCs not only as a method for expanding surgical volumes, but as a key element of system affordability. “We think about affordability not just being something that we state, but something that…
Vision Innovation Partners acquired Ophthalmic Associates of Alexandria (Va.), according to a Feb. 2 press release. Founded in 2010, Ophthalmic Associates of Alexandria, led by Jacob Clark, MD, provides eyecare and related medical treatments in the Alexandria area. The acquisition…
Wellsville, N.Y., pediatrician Zahi Kassas, MD, will shutter his practice May 1, The Evening Tribune reported Feb. 2. After more than 25 years serving the community, Dr. Kassas will transition into a more limited role focused on hospital-based pediatric services…
ASCs in 2025: A Year in Review
In 2025, the ambulatory surgery center (ASC) market continued to solidify its role as a core site of care for elective and increasingly complex outpatient procedures. Growth was driven by steady operator expansion, ongoing industry consolidation, and favorable regulatory tailwinds.…
Uplift Family Medicine permanently closed Jan. 31 after filing for bankruptcy, according to a notice posted on the practice’s website. According to court filings, the Sherman, Texas-based practice filed for bankruptcy Jan. 31. The practice is no longer providing care,…
Medical Facilities Corporation completed the sale of The Surgery Center of Newport Coast in Newport Beach, Calif. The ASC was sold for $1.5 million to Newport Center GK, according to a Feb. 2 news release. The company also sold 64% interest in Oklahoma…
An 18,000-square-foot medical office building in Pawtucket, R.I., recently sold for $4.75 million, Providence Business News reported Jan. 29. Tenants of the building include Women & Infants Health Care Alliance Obstetrics and Gynecology, Affinity Family Medicine, and Highbar Physical Therapy.…
2025 saw more than 367 physician practice transactions in the first three quarters alone, demonstrating a continued trend toward an increasingly consolidated physician practice space. Two leaders in the physician practice space recently joined Becker’s to discuss what their visions…
