As healthcare consolidation accelerates, ASCs and hospitals are increasingly looking to collaborate on partnerships and joint ventures to spark mutual growth.
ASC Transactions & Valuation Issues
Ontario, Calif.-based Prime Healthcare has completed the acquisition of several Ascension Illinois facilities, including two ASCs.
Medical outpatient buildings are projected to see double-digit growth over the next five years, according to a March 4 report by JLL Research.
The ASC industry continued to expand in 2024, with major players pursuing aggressive growth strategies through acquisitions, joint ventures and de novo developments.
Here are three hospitals and health systems investing in ASCs, as reported by Becker's:
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ASC hospital dynamics have been evolving over the last several years as hospitals look increasingly to ASCs for their cost-savings potential and benefits to patients.
Ontario, Calif.-based Prime Healthcare completed its acquisition of eight Ascension hospitals and two ASCs in Illinois.
Brentwood, Tenn.-based Surgery Partners' deployed nearly $400 million on acquisitions and opened eight de novo facilities in 2024, according to the company's financial report released March 3.
The ASC industry has seen significant shifts over the past five years, with ASC giants like United Surgical Partners International nearly doubling its portfolio since 2019.
ASC giant United Surgical Partners International had a huge year in 2024, solidifying its position as the biggest ASC company in the country.