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Author: Patsy Newitt

Brentwood, Tenn.-based Surgery Partners' deployed nearly $400 million on acquisitions and opened eight de novo facilities in 2024, according to the company's financial report released March 3. 

As more procedures shift to the outpatient setting, many ASCs are feeling the financial squeeze, with rising costs and stagnant reimbursements making it increasingly difficult to maintain healthy margins.

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The ASC industry has seen significant shifts over the past five years, with ASC giants like United Surgical Partners International nearly doubling its portfolio since 2019. 

Eureka, Ill.-based chiropractor Carrie Musselman was found guilty for a $1.5 million scheme that defrauded Medicare and other major insurance companies. 

ASC giant United Surgical Partners International had a huge year in 2024, solidifying its position as the biggest ASC company in the country.  

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