Here are 10 trends within the ASC industry shaping the way that leaders and physicians approach ASC finances in 2025: 1. Physicians still hold majority stakes in most ASCs, according to a March 13 MedPAC report to Congress. Most ASCs…
ASC Transactions & Valuation Issues
ASCs remained overwhelmingly for-profit in 2023, with 95.3% operating as such, according to a March 13 MedPAC report to Congress. Here are three more insights: 1. Physicians still hold majority stakes. According to the report, most ASCs are at least…
ASCs continue to be concentrated in urban areas, with 93.8% located in cities, according to a March 13 MedPAC report to Congress. Here are three key insights on where ASCs are concentrated — and where they’re seeing the most growth:…
An 8,935-square-foot medical office building in Newport Beach, Calif., has sold for $5 million, according to a March 24 report from Connect CRE. The facility was sold by investment products provider Equity Enterprises and is 62% leased. It is located…
Over the last 12 months, several major health systems have begun doubling down on ambulatory care as it has continued to grow in popularity and demonstrate lower costs compared to inpatient hospitals. “Nowadays, patients don’t want to go to the…
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A fully leased medical office building and ASC in Grapevine, Texas, has changed hands, according to a March 20 press release published in The Business Press. The building features eight exam and two operating rooms, totaling 17,724 square feet. It…
Brentwood, Tenn.-based Surgery Partners reported a record-breaking $3.1 billion in annual revenue, while Bain Capital’s bid to take the company private underscores private equity’s continued interest in the ASC market, according to a March 17 analysis from VMG Health. Bain’s…
Here are 20 deals in the last two years to know involving physician practice and group acquisitions: Private equity-backed groups Amazon Optum CVS Other acquisitions to note:
Lisa Egbert, MD, an OB-GYN, is closing her practice, the Paragon Women’s Center in Centerville, Ohio, due to financial constraints largely driven by reimbursement challenge, Spectrum News 1 reported March 19. Dr. Egbert operated her practice for nearly 30 years,…
CVS Health is reevaluating its role in healthcare as financial pressures mount. The company, along with other major retailers, is scaling back its healthcare ambitions in response to economic and operational challenges. In 2024, CVS reported total revenues of $173.6…