USPI, HCA and Surgery Partners further consolidate: 9 deals in 2022

The ASC industry, like the rest of the healthcare industry, is increasingly consolidating amid rising operating costs. 

Advertisement

Established companies — including United Surgical Partners International, Surgery Partners, SCA Health and HCA Healthcare  — have made big moves this year, acquiring more centers for their portfolio. 

Here are nine moves to know:

1. HCA Healthcare acquired an interest in San Antonio-based Stone Oak Surgery Center, in collaboration with 11 physician partners.

2. Dallas-based Tenet Healthcare, parent company of USPI, acquired Dallas-based Baylor Scott & White Health’s 5 percent equity position in USPI to own 100 percent of the company’s voting shares.

3. Optum, parent company of SCA Health, received clearance to buy Auburndale, Mass.-based independent physician organization Atrius Health, which includes 30 locations. 

4. USPI and United Urology Group signed an official agreement to form a joint venture partnership in 22 ASCs. 

5. GI Alliance and USPI formed a joint venture for two Texas endoscopy centers. The partnership includes GAB Endoscopy Center in San Antonio and South Plains Endoscopy Center in Lubbock — both co-owned by GI Alliance’s physician partners.

6. Surgery Partners is joining with ValueHealth to expand access to high-value surgical care. The partnership will aim to build ASCs and deploy ValueHealth’s value-based surgical programs at Surgery Partners’ current and in-development locations.

7. Optum purchased Healthcare Associates of Texas, a Dallas-based physician practice management company, for $300 million. 

8. HCA acquired MD Now Urgent Care, Florida’s largest network of urgent care centers, expanding its reach into the booming outpatient and primary care sectors.

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement

Comments are closed.