Author: Francesca Mathewes

Consolidation is on the rise in healthcare, leading to questions about what the future of physician-owned practices might look like. 

Atlantic Health System in Morristown, N.J, plans to form a joint venture with Richmond, Va.-based Premier Health Associates, a primary and specialty care group with 15 physician offices and one ASC across Pennsylvania and New Jersey, a July 15 news…

The ASC software market is expected to grow at a 10.1% compound annual growth rate through 2031, a July 15 LinkedIn report summary from ReliableMarketSize.com said.

Duluth, Minn.-based Essentia Health, which covers North Dakota, Minnesota and Wisconsin, has hired gastroenterologist Kevin Karls, MD, at its Essentia Health-Mid Dakota Bismark (N.D) 9th Street Clinic. 

The ASC market continues to grow quickly as more procedures migrate to the outpatient setting. Here’s five recent moves from the five  biggest players in the industry: 

Manitowoc, Wis.-based Renovo Health opened the door to a new direct-pay ASC that aims to cut out the need for payers, WeAreGreenBay.com, the website for WFRV Local 5,  reported July 16.

Children’s Mercy Kansas City (Mo.), as a part of its pediatric partnership with Mercy Springfield Communities, acquired Pediatrix Cardiology of Springfield (Mo.), reported Springfield Daily Citizen July 11. 

Miami-based Bascom Palmer Eye Institute-University of Miami Hospital and Clinics was ranked as the No. 1 hospital for ophthalmology by U.S. News & World Report. 

The landscape of total joint replacement procedures is changing, and ASCs are increasingly looking to these procedures for growth. 

Overall median net collections increased 4.3% –– lower than the 5.3% overall increase in compensation from 2023 to 2024, according to an American Medical Group Association survey released July 12.