ASC Transactions & Valuation Issues

Optum is the parent company of Deerfield, Ill.-based ASC chain SCA Health, which has a portfolio of more than 320 ASCs and 9,200 physicians. 

The ASC industry is facing new forces in consolidation: large health systems and independent ASC groups with non-traditional business models.

Retail giant Amazon continues to expand into healthcare, emerging as a significant disruptor in the industry and a key player to watch.

A July 2023 study by RAND found that most physicians working in vertically integrated hospitals or health systems were 65% less likely to use ASCs for procedures, compared to physicians who were never a part of a vertically integrated system. 

Assembly bill 3129 was passed by the California Legislature in August, and would give the attorney general authority to review and approve or deny transactions between independent physician practices and private equity firms. 

A medical office building in North Smithfield, R.I., has sold for $1.95 million, according to a Sept. 18 report from Providence Business News.

Consolidation is on the rise across healthcare, and ASCs are no different. But how does consolidation impact the future and function of ASCs? 

Nashville, Tenn.-based HCA Healthcare is looking to outpatient and ASC strategy to drive growth. 

Tucson, Ariz.-based Northwest Urgent Care, a subsidiary of Community Health Systems, will acquire 10 urgent care centers in Arizona. 

In August alone there were five major hospital closures in the U.S.