Physician staffing firm NES Health filed for Chapter 7 bankruptcy on Feb. 21, according to court documents obtained by Becker’s. NES announced plans to cease operations in November, citing financial challenges. Reports indicate that the company’s financial struggles left emergency…
ASC Transactions & Valuation Issues
Walgreens Boots Alliance has entered a $10 billion definitive agreement with Sycamore Partners, a private equity firm, to take the company private. The total deal value could reach up to $23.7 billion and is expected to be completed in the…
Franklin, Tenn.-based Outpatient Imaging Affiliates, a private equity-backed physician group that delivers outpatient imaging services to hospitals, is launching a network of outpatient imaging centers in a joint venture with the Medical University of South Carolina in Charleston. According to…
The ASC industry continues to see rapid consolidation, investment and strategic partnerships as healthcare organizations seek to expand their market presence.
From layoffs to leadership moves, here are five updates from Oakland, Calif.-based Kaiser Permanente from the last month:
Advertisement
Despite concerns within the healthcare industry over proposed cuts to Medicaid, Brentwood, Tenn.-based Surgery Partners executives said they do not perceive the cuts as a threat, according to a March 3 earnings call transcribed by Seeking Alpha.
Brentwood, Tenn.-based Surgery Partners opened eight de novo facilities in 2024, with 12 facilities in various stages, according to a March 3 earnings call transcribed by Seeking Alpha.
As healthcare consolidation accelerates, ASCs and hospitals are increasingly looking to collaborate on partnerships and joint ventures to spark mutual growth.
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.