ASC Transactions & Valuation Issues

Tallahassee Primary Care Associates is closing after nearly 30 years, WFSU Public Media reported April 1.  The closure will take effect April 25, according to the report. In January, the practice announced that “select physicians” would be departing, and that…

Independent ASCs are under growing pressure as reimbursement fails to keep pace with rising operational costs, staffing shortages and mounting administrative burdens.  In response to these challenges, Gregg Gordon launched Surgical Solutions IPA in 2024, one of the country’s first…

Here are 12 financial notes from three of the biggest ASC operators, pulled from their most recent financial reports: United Surgical Partners International (Dallas) 1. USPI reported $4.5 billion in net operating revenues for 2024, a 15.4% increase from $3.9…

On April 1, Los Angeles-based Prospect Medical Holdings was scheduled to present a proposed purchase agreement for a consortium to acquire Upland, Pa.-based Crozer Health — but the meeting was rescheduled, Daily Times reported April 1.  Prospect asked U.S. Bankruptcy…

Here are five major hospital and health system deals since March 1: 1. Prime Healthcare acquires eight Ascension hospitals in Illinois Ontario, Calif.-based Prime Healthcare has completed its acquisition of eight hospitals and two ASCs  in Illinois from St. Louis-based…

In response to growing challenges facing independent ASCs, healthcare consultant Gregg Gordon launched Surgical Solutions IPA, one of the nation’s first independent practice associations dedicated exclusively to ASCs, in 2024.  The New York City-based organization aims to bring together independent…

Orthopedic procedures had the highest average net revenue per case at ASCs in 2024, according to HST Pathways’ latest “State of the Industry Report.” Here is a breakdown of the average net revenue per case by specialty:

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…

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:…