ASC growth and expansion can be an uphill battle for independent centers. A controversial trend makes it easier for some and harder for others.
Private Equity
Private equity companies with physician groups in their portfolios are being held accountable for False Claims Act violations and will continue to face scrutiny from the Justice Department this year.
With the U.S. stock market tanking in recent weeks, many investors' portfolios have taken a hit. But those with ASC real estate ownership may not have much to worry about.
A bill under consideration in the California State Legislature could put power in the hands of physician owners of physician practices, JDSupra reported Jan. 27.
Private equity groups have had a strong start to 2022, amplifying their position in the ASC industry.
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One GI added Terre Haute, Ind.-based Digestive Health Associates to its network, the gastroenterology management company said Jan. 13.
Vision Innovation Partners has acquired Memorial Eye Institute, a practice and ASC with two locations in Harrisburg, Pa., the eye care platform said Jan. 10.
The ophthalmology industry is off to a prosperous start in 2022, with nine partnerships, acquisitions and expansions announced in the last week.
Hamilton, N.J.-based Campus Eye Group and Levittown, Pa.-based Total Eye Care have inked a deal with Beekman Investment Partners to accelerate growth, the private equity firm said Jan. 6.
Gastrointestinal management organization U.S. Digestive Health has added Philadelphia-based Gastrointestinal Specialists to its network, U.S. Digestive Health said Jan. 4.