Private equity is already deeply embedded in ASC ownership, with physician-investor platforms, national chains and health-system joint ventures relying on PE capital to fund growth and buyouts. A new Georgetown University Center on Health Insurance Reforms report on one firm’s…
ASC Transactions & Valuation Issues
Austin, Texas-based Ouma Health has acquired a multisite maternal-fetal medicine practice led by Tamara Takoudes, MD, expanding the telemedicine company’s footprint across Connecticut, Massachusetts, Maine and New Hampshire, according to an Aug. 4 news release. The acquisition adds established in-person…
A Redding, Calif. OB-GYN is closing his practice October 2 due to ongoing issues with insurance payouts, the latest in a wave of physician departures that a local councilmember says has already shuttered more than half of the city’s physician…
St. Louis-based Ascension’s transformation journey following the financial strain of the COVID-19 pandemic has included strategic divestitures, market exits, a $2.66 billion financial turnaround, and its $3.9 billion acquisition of AmSurg in early June. With the deal closure, Ascension has…
Cencora’s acquisition of EyeSouth Partners’ retina business for $1.1 billion on March 23 was the largest healthcare services transaction of the first quarter, according to data from LevinPro HC, and it foreshadowed where physician group dealmaking was headed as 2026…
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Transform Health Partners, a management services organization, has acquired Northwest Weight & Wellness Center and Sound Surgeons, two bariatric and surgical practices based in Everett, Washington, the company announced Aug. 4. The deal adds two established practices serving patients across…
Here are 11 hospitals and health systems that conducted or announced layoffs in the month of July, as reported by Becker’s: 1. Portland, Maine-based MaineHealth is eliminating 56 IT positions and consolidating three analytics teams into one, a net reduction…
The conversation surrounding orthopedic and spine practice consolidation often frames the question as who owns the practice. However, according to surgeons, what matters most is who has a voice in the decisions. Private equity often dominates the conversation about orthopedic…
Three physician practices closed their doors this week — one after 45 years, one after 20 and one amid federal fraud charges against its owner. Here are the three closures: 1. Physician’s Surgery Center of Knoxville (Tenn.) announced plans to…
Physician’s Surgery Center of Knoxville (Tenn.) has announced plans to shutter after 45 years of business, according to an Aug. 1 Facebook post from the ASC. The physician-owned ASC, accredited by Accreditation Association for Ambulatory Health Care, had 5 operating…