Brentwood, Tenn.-based Surgery Partners reported a record-breaking $3.1 billion in annual revenue, while Bain Capital’s bid to take the company private underscores private equity’s continued interest in the ASC market, according to a March 17 analysis from VMG Health. Bain’s…
Author: Patsy Newitt
Here are 20 deals in the last two years to know involving physician practice and group acquisitions: Private equity-backed groups Amazon Optum CVS Other acquisitions to note:
Massachusetts has the highest physician-to-population ratio, according to the 2023 Association of American Medical Colleges State Physician Workforce Data Report, the latest available. Here are the physicians per capital in all 50 states State Total active physicians Active physicians per…
CVS Health is reevaluating its role in healthcare as financial pressures mount. The company, along with other major retailers, is scaling back its healthcare ambitions in response to economic and operational challenges. In 2024, CVS reported total revenues of $173.6…
As the ASC industry continues to evolve, major players are adapting their strategies to meet market demands, regulatory changes and shifting patient needs. Three of the largest ASC operators — United Surgical Partners International, HCA Healthcare and Surgery Partners —…
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Colonoscopies cost more in hospital outpatient departments than ASCs in all 50 states, according to data from insurance company Sidecar Health’s cost calculator. Here’s a breakdown of the average cash price for HOPDs and ASCs for colonoscopies per state: State…
Here are seven stats to know about how physician pay stacks up compared to CEO pay: 1. The average annual salary of CEOs in the healthcare sector in the U.S. is $231,870, according to the most recent Bureau of Labor…
Bradley Heaton, CEO of the surgery center division at Sacramento, Calif.-based Sutter Health, joined Becker’s to discuss how the health system is leveraging ASCs to enhance patient access, support affordability and adapt to value-based care trends. Question: What does the…
California leads the nation with the highest average hourly wage for nurse practitioners at $77.66, while Tennessee has the lowest at $49.86, according to the May 2023 Bureau of Labor Statistics employment survey, the most recent information available. Here is…
The sustainability of independent ASCs is becoming an increasing concern as rising practice costs outpace reimbursement rates. Many ASCs are feeling the financial squeeze, and some leaders worry about the challenges of maintaining physician ownership, particularly as aging surgeons fail…