Private Equity

Private equity groups have significantly expanded their footprint in healthcare and in the ASC industry over the last decade — and several states have responded with new, stricter regulations around corporate healthcare deals.  Here is a look at three different…

Private equity firms have become major players in the ASC industry through targeted acquisitions, platform building and strategic investments, according to an October report from the Private Equity Stakeholder Project. 2016: Kelso & Company purchased PE GI Solutions (formerly known…

Private equity firms are drawn to the ASC industry by strong growth, fragmented ownership and earnings potential, according to an October report from the Private Equity Stakeholder Project. The report identifies several ASC companies with private equity backing:

Several leaders joined Becker’s on an Oct. 16 panel at the 31st Annual Business and Operations of ASCs Meeting in Chicago to discuss how ASCs can evaluate private equity interest and how to distinguish a strong long-term partner from a…

Governor Gavin Newsom has signed a new piece of legislation that codifies restrictions on private equity firms and hedge funds from influencing the decision-making of physicians in California, JD Supra reported Oct. 9.  Here are five things to know about…

On Oct. 8, the Private Equity Stakeholder Project, a private equity watchdog organization, released a new research brief, “Private Equity in Ambulatory Surgery Centers.” The report covers the expansion of private equity firms into the ASC sector, which it values…

The ASC market is reentering a phase of aggressive private equity activity as capital flow resumes and buyers target scale in strategic geographies.  In just the past six months, multiple PE-linked ASC moves have been tracked, including Great Hill Partners’…

Several states have either adopted or proposed new private equity laws that could have significant impacts on mergers and acquisitions in the ASC space. 1. A bill currently awaiting final approval by California Governor Gavin Newsom would strengthen the state’s…

A bill that would strengthen California’s ban on the corporate practice of medicine and address the growing influence of private equity in healthcare has passed out of the state’s legislature and is headed to Gov. Gavin Newsom’s desk for final…

The recent collapse of two private equity-backed healthcare companies — Los Angeles-based Prospect Medical Holdings and Dallas-based Steward Healthcare — have resulted in significant pushback on PE involvement in healthcare from individual states, Quartz reported July 17. Here are six…