Physician consolidation has defined much of the past two decades in healthcare. Independent practices have folded into hospital systems, private equity firms have accelerated acquisitions and employment has replaced ownership for a growing share of physicians. In 2024, 42.2% of…
ASC Transactions & Valuation Issues
CMS’ 2026 Hospital Outpatient Prospective Payment System rule moves Medicare further toward site-neutral payment, as part of an effort to narrow long-standing payment gaps between hospital outpatient departments and ASCs. According to a Health Affairs analysis, the payment rule not…
As healthcare organizations and systems race to expand their outpatient networks, joint ventures can provide the right type of partnership to fuel ASC growth. But finding the right partner for a joint venture is paramount to fueling outpatient growth. Affordability…
Hospital consolidation continued in the past month, with health systems across the U.S. signing and closing merger, acquisition and transfer agreements. Several of the transactions involve financially distressed facilities, nonprofit conversions and strategic regional expansions. Here are eight hospital deals…
The real estate of Fort Myers, Fla.-based Gladiolus Surgery Center has sold for $4.6 million, Business Observer Florida reported Feb. 19. Prime Healthcare Properties, a Dallas-based real estate investment firm, purchased the 7,315-square-foot building. CBRE, who represented Prime in the…
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Greenville, S.C.-based Prisma Health and Atlas Healthcare Partners have formed a joint venture to develop and operate more than 15 ASCs across South Carolina, southeastern Tennessee and surrounding regions, according to a Feb. 19 news release. The partnership will combine…
Louisville, Ky.-based Kumar Eye Institute has acquired a medical office building in Louisville for $2.5 million, according to a Feb. 12 report from WDRB. The 17,000-square-foot building is partially leased to JenCare Senior Medical Center. The current tenant will remain…
Winston-Salem, N.C.-based Novant Health is accelerating its outpatient strategy as it builds out a 25-center ASC network designed to shift volume out of hospitals and closer to patients. Leslie Barrett, BSN, RN, senior vice president of ambulatory surgery strategy and…
New Hyde Park, N.Y.-based Northwell Health has purchased a medical office property in Merrick, N.Y., for $9.5 million, according to a Feb. 18 report from Long Island Business News. The office is occupied by Northwell affiliate Orlin & Cohen Orthopedic…
There were 148 deals involving outpatient care providers in 2025, including 119 add-on acquisitions, seven leveraged buyouts and 22 growth or expansion investments, according to a report from the Private Equity Stakeholder Project. Dermatology and eye care led all outpatient…