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.
ASC Transactions & Valuation Issues
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.
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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.
Healthcare consolidation continues to accelerate, impacting ASCs in various markets, including changes in competitive dynamics, reimbursement rates and opportunities for partnerships.
A 72,000-square-foot medical office building in Naperville, Ill., has sold for $28 million, according to a Sept. 10 report from IPE Real Assets.
As healthcare consolidation persists and physicians are increasingly pushed toward employed models, physicians and their patients are forced to manage the fallout of these industry shifts.