Private Equity

Private equity-backed groups are making headway in the ASC industry. Here are six private equity updates from the last month:

Philadelphia-based Premier Orthopaedics is joining with Healthcare Outcomes Performance Co. to integrate partnerships with orthopedic practices, physicians, health systems and payers in the region.

Private equity investment has planted roots in the healthcare space, buying private practices and growing consolidated platforms.

CMS and commercial payers continue to push procedures to ASCs, where care can be provided at a lower cost, and private equity investment in surgery centers is increasing to capitalize on this evolving dynamic.

Large physician groups partnering with private equity firms to form managed service organizations have become more common over the last five years.

Sunvera Group, a private equity-backed management service organization, has partnered with Wilkinson Eye Center, which has locations in Clarkston and Pontiac, Mich.

From investments to acquisitions, below are five private equity updates to know:

Audax Private Equity recently closed a funding round for its portfolio company Aspen Surgical Products.

A few years ago, private equity was a dirty word among some circles of physicians and surgeons. The idea of accepting investment dollars in exchange for autonomy was unattractive for physician owners at best, and dangerous at worse.

Two medical real estate leaders have launched a physician and ASC-focused merger and acquisition company, the new company, dubbed Medical Practice Exit Advisors, said March 30.