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21. Tenet completes $975M sale of California hospitals, ASCs
... California Irvine, according to a March 26 news release. The ASCs acquired by UCI Health are Pacific Endoscopy & Surgery Center in Mountain Valley and Reagan Street Surgery Center in Los Alamitos. The ...28 March 2024 -
22. How the world's largest company jumped into healthcar
... heart health, mental health, allergy and diabetes drugs, and acquired MeMD, a multispecialty telehealth provider, jumping into telehealth services. In 2022, the company launched a medical research institute ...28 March 2024 -
23. Physician couple pleads guilty to fraud
... Medical and Pain Medicine of York. His co-conspirator and business partner, Rodney Yentzer, acquired the group at the suggestion of Dr. Johnson. In 2016, Dr. Johnson, and Mr. Yentzer made a deal with ...27 March 2024 -
24. How Tenet became a household name for ASCs
... portfolio. After partnering with USPI in 2015, Tenet acquired more than 90 ASCs from SurgCenter Development for approximately $1.2 billion in 2020 and 2021, paving the way for USPI to market dominance, ...22 March 2024 -
25. What ASC companies did in Q1: 5 notes
... Center in Campbell, Calif., a joint venture with more than 50 physicians. Surgery Ventures announced that it acquired a majority interest in two Texas ASCs in the fall of 2023. SCA Health Palomar ...22 March 2024 -
26. $1.8B in 3 years: The acquisitions driving Tenet's growth
... the SEC on Feb. 16. A majority of the deals were ASC acquisitions —- in line with Tenet's strategy to focus on USPI to spur growth. Tenet acquired 175 ASCs total. Here are six notes on the acquisitions ...21 March 2024 -
27. 6 large health systems diving headfirst into ASC growth
... for $67 million. 3. Kaiser acquired 507,237 square feet of medical office space in Washington, D.C., for $198 million, a building it had been leasing space in from prior owners Property Group Partners. ...21 March 2024 -
28. The ASC companies making waves
Here are three ASC companies that have been making headlines over the last few months. Compass Surgical Partners During the month of February, Compass Surgical Partners opened or made plans to open ...21 March 2024 -
29. TriasMD acquires Thousand Oaks Surgery Center
TriasMD, parent company of Newport Beach, Calif.-based DISC Sports & Spine Center, acquired Thousand Oaks (Calif.) Surgery Center. The ASC will be renamed DISC Surgery Center at Thousand Oaks, according ...21 March 2024 -
30. What's new in cardiology
... Houma, La.-based Cardiovascular Institute of the South, added four healthcare leaders to its team. Private equity backing Private equity company WindRose Health Investors acquired Houston-based ...20 March 2024 -
31. Physician-owned company acquires 11 practices from Walgreens
Boston-based management company Arches Medical Partners has acquired 11 practices previously owned by Walgreens' VillageMD. Physician-owned Arches Medical now employs 50 physicians and operates eight ...20 March 2024 -
32. 3 strategies driving USPI's growth
... for $149 million — nine of which were acquired and 11 were previously unconsolidated centers in which USPI inked controlling ownership interest. The company also opened nine de novo ASCs in 2023 and ...19 March 2024 -
33. What's happened since Walgreens' $8.9M acquisition of Summit Health
... offloaded its remaining stake in infusion company Option Care Health for $330 million. 8. In March 2023, VillageMD acquired a 30-location primary care group, Rocky Hill, Conn.-based Starling Physicians. ...19 March 2024 -
34. The biggest ASC hotspots
Becker's has reported on lots of ASC activity in California and Texas. Here are five of the latest developments in those states: California San Diego-based Palomar Health opened an ASC in partnership ...14 March 2024 -
35. USPI acquired 31 ASCs for $149M in 2023
Dallas-based United Surgical Partners International, the largest ASC chain in the country and Tenet Healthcare's ambulatory arm, acquired 20 ASCs in 2023, the health system said in its annual report filed ...14 March 2024 -
36. HCA, Optum and Tenet: The deals shaping the ASC industry
... 50 physicians, in January opened the Silicon Valley Surgery Center in Campbell, Calif. In January, Surgery Ventures announced that it acquired a majority interest in two Texas ASCs in the fall of 2023. ...14 March 2024 -
37. 60% of physicians have negative outlook on PE
... Internal Medicine, was made up of 67% internal medicine physicians and 5.5% who worked for private equity-acquired healthcare entities. Here are three more statistics to know: 1. Only 10.5% of physicians ...13 March 2024 -
38. $209M for the 5 most expensive medical office building deals in 2024
... Plan purchased a 223,900-square-foot medical office building in Santa Clarita, Calif., for $67 million. 4. Real estate firm Horizon Equities acquired a 150,000-square-foot, three-story medical office ...11 March 2024 -
39. The rise of gastroenterology supergroups
... and United Digestive, with 81. In 2023, Gastro Health acquired two locations, GI Alliance acquired four and United Digestive partnered with private equity firm Kohlberg & Co. and acquired two centers. ...11 March 2024 -
40. Walgreens' physician group: 6 things to know
... to exit the Illinois, Indiana and Florida markets by the end of the year. Here are six things to know about VillageMD: 1. In 2023, the company acquired primary care group Rocky Hill, Conn.-based ...08 March 2024