Healthcare industry consolidation has mirrored trends in other sectors — promising efficiencies and stability but often delivering reduced competition, higher costs and limited access to care.
ASC Transactions & Valuation Issues
Healthcare giant Optum, the parent company of ASC chain SCA Health, has grown rapidly in recent years and shows no signs of slowing down.
Optum, parent company of ASC chain SCA Health, has seen massive growth, including spending $31 billion on acquisitions in the last two years.
Sioux Falls, S.D.-based Sanford Health is becoming the parent company of Black Hills Orthopedic and Spine Center, the Black Hills Surgical Hospital and the system's associated facilities in Rapid City, S.D., and Black Hills Surgery Center in Gillette, Wyo., including…
Under the Biden administration, the Federal Trade Commission took strong anti-trust positions and boosted pro-worker policies, such as a ban on noncompete agreements.
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United Surgical Partners International, Surgery Partners and HCA Healthcare, through its Surgery Ventures arm, are three of the largest ASC operators by number of centers.
Former independent practice Hillsdale (Mich.) Medical Associates is now owned and operated by Hillsdale Hospital, Hillsdale Daily News reported Nov. 13.
Bradenton, Fla.-based MCR Health, a nonprofit medical group, sought Chapter 11 protection Nov. 11, the Tampa Bay Business Journal reported Nov. 13.
Dallas-based Steward Health Care has been facing financial difficulties and controversies since it sought Chapter 11 bankruptcy protection May 6.
Downers Grove, Ill.-based Duly Health and Care has launched a strategic partnership with ASC management services organization Surgery Partners.