Author: Patsy Newitt

The pandemic accelerated the quantity and complexity of procedures performed in ASCs, leading to an increase in partnerships and consolidation in the industry.

Two Boston-based hospitals are expanding ASC offerings to the suburbs through two $400 million projects — one with opposition from community and healthcare groups. 

Private equity-backed Gastro Health, GI Alliance and PE GI Solutions are major players in the gastroenterology industry.

Here are 10 ASC administrators to know:

For some leaders, independence is critical to ASC success — fostering adaptability, innovation and cost containment. For others, independence is unsustainable in the current market. 

Montecito Medical Real Estate acquired a medical office building housing an ophthalmology ASC in San Antonio, Texas, according to a July 8 news release. 

Knoxville-based University of Tennessee Medical Center's new ASC, the Advanced Orthopaedic Institute, reached a major construction milestone.

With increased industry consolidation and almost 70 percent of physicians reporting being employed by hospitals at the end of 2020, ASC leaders have differing opinions on the importance of independence. 

Seven percent of cardiologists have a net worth of more than $5 million, according to Medscape.

Minneapolis-based MedCraft Investment Partners acquired a TriHealth ASC in Ohio, according to a July 8 email.