AmSurg
ASC operator and physician services company Envision has filed for Chapter 11 bankruptcy, restructuring to deal with $7 billion in outstanding debt. Under the restructuring agreement, AmSurg, which is backed by private equity firm KKR, will buy all ASCs held by Envision for $300 million.
Compass Surgical Partners
Cincinnati-based Bon Secours Mercy Health and Compass Surgical Partners, which is backed by Health Velocity Capital and TPG Growth, are partnering to grow outpatient surgical care.
GI Alliance
In September, GI Alliance finalized its physician-led buyout facilitated by a $785 million investment from private equity firm Apollo Hybrid Value.
Surgery Partners
Surgery Partners, backed by Bain Capital Private Equity, has formed a strategic partnership with Dallas-based Methodist Health System, its third in 2023, following its partnerships with Salt Lake City-based Intermountain Health and Columbus-based Ohio Health earlier this year.
United Digestive
United Digestive, which is backed by private equity firm Kohlberg & Company, has added Medtronic’s GI Genius artificial intelligence endoscopy module to all 22 of its managed ASCs.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.