Leadership

The combined net worth of the five richest physician billionaires is $45.1 billion, according to Forbes' net worth tracker. 

Nashville, Tenn.-based HCA Healthcare is one of the largest ASC operators in the country through HCA Surgery Ventures. 

Physicians working in hospital-owned practices are nearly three times more likely to report dissatisfaction compared to those in physician-owned practices, according to consulting firm Bain & Company’s Frontline of Healthcare Survey, highlighted in an October blog post. 

Here are the CEO and CFOs of the five biggest ASC chains:

Heather Cianfrocco, CEO of Optum, was named on Fortune's "Most Powerful Women" list.

Private practice physicians are facing mounting challenges threatening financial stability and ability to provide care. 

The former CEO of a hospital in Rockdale, Texas, has agreed to pay more than $5.3 million to resolve allegations of paying kickbacks to physicians for laboratory referrals. 

San Diego-based lab company Precision Toxicology, operating as Precision Diagnostics, agreed to pay $27 million to resolve allegations it submitted false claims for medically unnecessary urine drug tests and provided free items to physicians who referred expensive laboratory testing business…

ASC leaders agree that effective leadership goes beyond managing operations, and it requires continuous learning and adaptation to stay ahead in the dynamic industry.

Dallas-based Tenet Healthcare is the parent company of United Surgical Partners International, the country's largest ASC chain.