Jim Freund, managing partner at Physician Transaction Advisors, joined Becker’s to discuss how the biggest surprise he’s seen in the ASC partnership market is from lawmakers and regulators stepping in to block or scrutinize deals he believes are “really for…
Author: Patsy Newitt
ASCs are being squeezed from all sides, with rising expenses and flat reimbursement making the traditional ASC value proposition more difficult to sustain. Leaders point to five major cost pressures reshaping the landscape: 1. Labor costs Labor remains one of…
Hospitals that cling to higher HOPD reimbursements and resist ASC development risk getting “left behind,” according to Jim Freund, managing partner at Physician Transaction Advisors. Mr. Freund joined Becker’s to discuss how these hospitals are missing out. Editor’s note: This…
Chicago-based GI Partners of Illinois saw its GI case mix tilt toward more complex, chronic and multidisciplinary care in 2025, COO Dr. Geogy Vennikandam told Becker’s. Editor’s note: This interview was edited lightly for clarity and length. Question: Do…
In 2026, Dr. Geogy Vennikandam, COO of GI Partners of Illinois, is betting that his group’s biggest growth opportunity will come from transforming a fully integrated digestive health platform. Editor’s note: This interview was edited lightly for clarity and length.…
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Greg DeConciliis, administrator of Boston Out-Patient Surgical Suites and president of the Massachusetts Association of Ambulatory Surgery Centers, told Becker’s that he sees volume growth and operational discipline as the clearest path through today’s cost pressures. “The only solution is…
Private equity firms have become major players in the ASC industry through targeted acquisitions, platform building and strategic investments, according to an October report from the Private Equity Stakeholder Project. 2016: Kelso & Company purchased PE GI Solutions (formerly known…
Brentwood, Tenn.-based Surgery Partners is one of the country’s largest ASC operators, with more than 200 centers across 33 states. In 2025, the company doubled down on high-acuity outpatient growth and recycled capital out of heavier hospital assets into de…
Next Bio-Research Services, doing business as Next Molecular Analytics, has agreed to pay at least $758,000 to settle allegations it paid illegal kickbacks to physicians and marketers, according to a Dec. 4 Department of Justice news release. What happened?
Greg DeConciliis, administrator of Boston Out-Patient Surgical Suites and president of Massachusetts Association of Ambulatory Surgery Centers, joined Becker’s to discuss his team’s data-first, payer-education approach to rate defense. Editor’s note: This interview was edited Question: How are you approaching…