Surgery Partners reported $3.3 billion in 2025 revenue and $526 million in adjusted EBITDA, but adjusted EBITDA fell roughly $11 million short of its revised Q3 guidance, in a a March 4 earnings call transcribed by Seeking Alpha, management attributing…
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ASC development has become a strategic imperative for hospitals and health systems as they balance rising costs, value-based payment models and shifting patient expectations. Here are six hospitals and health systems that opened or developed ASCs in February, as reported…
With gastrointestinal cancers expected to double globally by 2050, driven largely by pancreatic cancer diagnosis and colorectal cancer deaths, CRC is also showing up more frequently in younger populations, adding to the strain. Adults younger than 65 now account for…
CMS’ addition of 573 codes to the ASC covered procedure list for 2026 has sparked new engagement from ASC leaders interested in expanding service lines, especially for cardiovascular and spine procedures. The additions include 302 procedures already paid in hospital…
Sanders Capital Partners has acquired a medical outpatient building in Madison, Miss., for $4.25 million, according to a March 4 news release. The 10,135-square-foot facility, built in 2017, serves as the flagship location for Madison-based Positive Steps Fertility, a physician-led…
Vancouver, Wash.-based PeaceHealth has appointed Brooke Lippincott as senior vice president of ambulatory services. In the role, Ms. Lippincott will lead the strategic, operational and financial direction of PeaceHealth’s outpatient care line, according to a March 4 news release from…
Big Sky Asset Management, a real estate investment firm, has completed the acquisition of five healthcare real estate assets. The acquisitions, all closed in the last 90 days, total more than $100 million. The properties encompass nearly 200,000 square feet…
Legent Health, an owner and operator of orthopedic ASCs and surgical hospital, named spine surgeon Todd Albert, MD, as chief medical officer. Dr. Albert has more than 20 years of executive, clinical and academic leadership, according to a March 5 news release.…
Operational and technology costs comprise a significant chunk of ASCs’ budgets, which means securing favorable contracts with vendors is key to financial sustainability. Tammy Smittle, RN, BSN, chief operating officer and chief nursing officer of Austin, Texas-based Northwest Hills Surgical…
ASC leaders told Becker’s that the next major disruption to the ASC landscape may not be reimbursement reform or a new surgical technology, but accelerating physician consolidation. As more independent surgeons move into employment models, whether through health systems, large…