Here are four things to know:
1. Bloomberg valued ChenMed at “several billion dollars. Terms haven’t been finalized and another buyer could emerge.
2. ChenMed focuses on bringing value-based care to Medicare beneficiaries, especially those with multiple chronic conditions.
3. If the deal is finalized, Walmart would have ownership in the company’s more than 100 health centers in 15 states.
4. The deal would be the company’s biggest purchase in the healthcare space. In 2021, the company purchased MeMD, a telehealth provider.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.