Provider credentialing is a critical yet often overlooked element to successful revenue cycle management (RCM). Across the healthcare industry, there is a lack of awareness about how an efficient, accurate credentialing system can streamline medical practices’ RCM workflows and assist…
ASC Transactions & Valuation Issues
Achieving financial success in an ASC has become more difficult in recent years, with a growing list of challenges threatening and straining the bottom line. With less room for error, surgery centers are seeking solutions that can help them better…
A Midland, Mich.-based building housing the Great Lakes Bay Surgery & Endoscopy Center has sold for $9.8 million, according to a Feb. 16 report from REBusiness Online.
Although 68% of the ASC market remains independent, the industry saw continued consolidation in 2023, according to a recent report from VMG Health.
The net inflation adjustment for ASCs is 3.1% in 2024, a full percentage point higher than the average since 2015.
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It's been nearly one year since Amazon finalized its $3.9 billion acquisition of virtual and in-person primary care company One Medical.
The number of centers under management by the five largest ASC management companies has seen a compound annual growth rate of 4.85% since 2011, according to a February report from VMG Health.
The percentage of ASCs that are independent shrunk from 70% to 68% from 2022 to 2023, according to a February report from VMG Health.
Banner Health has sold a three-building outpatient medical building portfolio in Arizona for $32 million, according to a Feb. 15 report from REBusiness Online.
As physicians move away from private practice toward employment models, five major healthcare disruptors have been making waves in the race to acquire them.