Over the last 10 years, 342 cardiology clinics have been acquired by private equity firms. Over 94% of those acquisitions occurred between 2021 and 2023, according to research presented at the 2024 AcademyHealth Annual Research Meeting.
Cardiology
Cardiovascular procedures are ASCs' next frontier, as more high-acuity procedures become approved for the outpatient setting.
Here are three updates on the cardiology industry, as reported by Becker's since June 10:
Humble, Texas-based Modern Heart and Vascular Institute has broken ground on a 100,000-square-foot facility in Humble, according to a June 27 report from the Houston Business Journal.
Here are three new cardiology practices and clinics that have opened that Becker's has reported on since May 30:
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Boston Scientific plans to acquire carotid artery device specialist Silk Road Medical for $1.26 billion, further expanding its cardiology portfolio.
Fishersville, Va.-based Augusta Health has earned the American College of Cardiology's Heart Failure Accreditation with Outpatient Services, according to a June 25 report from the Augusta Free Press.
Harold Rutenberg, MD, former chief of the cardiology division at Pennsylvania Hospital in Philadelphia, has died at 89, according to a June 6 report from The Philadelphia Inquirer.
The FBI is investigating three Texas Medical Center facilities over alleged violations during complicated operations, according to a June 25 report from ABC affiliate KTRK.
Cardiologists earned a mean annual wage of $423,250 in 2023, a slight uptick from the $421,330 average annual wage the profession earned in 2022, according to data from the Bureau of Labor Statistics.