Flagship Healthcare Properties acquired a fully leased multispecialty ASC in Columbia, S.C. The 20,131-square-foot facility includes five operating rooms and employs more than 20 surgeons, the company said in a July 16 news release. Flagship, which manages more than 360…
ASC Transactions & Valuation Issues
As ASCs continue to proliferate and consolidate, both hospitals and physician groups are rethinking their strategies to remain financially viable and competitive. Marc Greenberg, MD, an orthopedic surgeon in Baltimore, Md., joined Becker’s to discuss the incentives behind shared ownership…
Medical practices nationwide are facing a seismic shift as an older generation of physician owners reach retirement age and capital is readily available for healthcare investment. Nearly 47% of physician practice owners are over age 55 and actively exploring retirement…
Here are 15 major sales of ASCs, physician practices and clinics so far in 2025 1. IRA Capital, a private equity firm, acquired Houston Physicians’ Hospital in Webster, Texas. The 148,950-square-foot facility is a multi-specialty surgical hospital and outpatient campus…
As ASCs become increasingly enmeshed in healthcare consolidation trends, leaders are voicing growing concern about the sustainability and consequences of these transactions. Baltimore-based orthopedic surgeon Marc Greenberg told Becker’s that he is concerned about the endgame of ASC consolidation. “What…
As private equity continues its aggressive expansion into the ASC industry, questions are mounting about the long-term trajectory of consolidation. Marc Greenberg, MD, an orthopedic surgeon based in Baltimore, Md., joined Becker’s to share his growing concerns about what happens…
Many physician leaders are struggling with the paradox of insurance companies and private equity firms acquiring physician practices, while physicians themselves are barred by Stark law from owning or referring to healthcare entities in which they have a financial interest.…
Walgreens Boots Alliance shareholders have approved the company’s $10 billion acquisition by private equity firm Sycamore Partners during a special meeting held July 11. Here are four more notes to know: 1. The agreement, first announced in March, will take…
ASC leaders across the U.S. are facing an escalating series of headwinds, from anesthesia shortages to skyrocketing supply costs and stubborn staffing woes. And they’re getting creative to stay ahead. During a panel at the 22nd Annual Spine, Orthopedic and…
The percentage of payer-operated physician practices has grown significantly since 2016, according to a study published in July in Health Affairs Scholar. The study used corporate filings, mergers and acquisitions databases and insurer directories to identify medical groups operated by…
