From Stark law to certificates of need, Shakeel Ahmed, MD, CEO of Atlas Surgical Group in St. Louis, joined Becker's to discuss the legislation potentially stifling ASC development.
ASC Transactions & Valuation Issues
Dallas-based United Surgical Partners International reported $4.5 billion in net operating revenues for 2024, a 15.4% increase from $3.9 billion in 2023, according to parent company Tenet Healthcare’s earnings report released on Feb. 21.
A Fair Lawn, N.J.-based medical office building has sold for $22 million, according to a Feb. 10 report from NJBiz.
The wave of consolidation in the ASC market continued in 2024, with the number of independently owned ASCs dropping to 67%, according to VMG Health's "ASCs in 2024: A Year in Review" report.
Around 33.5% of freestanding ASCs are owned and operated by chains, according to the VMG Health 2025 Healthcare M&A Report.
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Brentwood, Tenn.-based Surgery Partners received a nonbinding acquisition proposal from Bain Capital Private Equity on Jan. 27, offering to buy all outstanding shares for $25.75 per share in cash.
A medical office building in Fairfax, Va., has sold for $7.85 million, according to a Feb. 5 report from CityBiz.
The Connecticut Office of Health Strategy has pushed back against a proposed sale involving Constitution Surgery Alliance, citing concerns over governance and ownership changes affecting multiple ASCs, according to a Jan. 23 letter obtained by Becker’s.
As a new federal government ushers in a wave of policy changes, ASCs are paying close attention to legislative changes and market trends as leaders plan for the years ahead.
As the ASC industry becomes increasingly consolidated, three ASC leaders shared with Becker's what they are looking for in mergers and acquisitions.