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201. 30K-square-foot Rhode Island medical office building sold
A 30,000-square-foot medical office building in Providence, R.I., has been acquired by Sendero Capital and Angelo Gordon, according to an Aug. 4 report from Commercial Property Executive. The building ...04 August 2023 -
202. Surgery Partners' biggest deals of 2023
... formed a strategic partnership with Dallas-based Methodist Health System. Through the partnership, Surgery Partners acquired a minority interest in and will manage three of Methodist's ASCs. 2. The company ...03 August 2023 -
203. Steris completes $540M acquisition of Becton, Dickinson surgical instrument unit
Steris, a medical device company, has completed its acquisition of medical technology company Becton, Dickinson and Co.'s surgical instrumentation platform in a $540 million deal. As part of the deal, ...03 August 2023 -
204. Texas is an ASC hotspot: 3 moves to know
... partnership with Dallas-based Methodist Health System, its third in 2023. Through the partnership, Surgery Partners acquired a minority interest in and will manage three of Methodist's ASCs. The company ...03 August 2023 -
205. Surgery Partners net income hits $18.9M, 15 new facilities in the works
... partnered with Dallas-based Methodist Health System and acquired minority interest in three of the system's centers. 5. The company deployed around $60 million in capital during the second quarter and ...02 August 2023 -
206. Surgery Partners adds 3rd strategic health system partner
... Health and Columbus-based Ohio Health earlier this year. Through the partnership, Surgery Partners acquired a minority interest in and will manage three of Methodist's ASCs, according to a company ...02 August 2023 -
207. Tenet acquired Baylor's 5% stake in USPI for $406M 1 year ago — what's happened sinc
At the end of the second quarter in 2022, Dallas-based Tenet paid $406 million to acquire Dallas-based Baylor Scott & White Health's 5 percent equity position in USPI. With the move, Tenet now owns ...28 July 2023 -
208. The evolution of ASC chain power
... in its network. SCA Health serves 1.43 million patients annually. Surgery Partners Surgery Partners has 127 surgery centers. The company acquired Kansas Spine & Specialty Hospital in Wichita, ...28 July 2023 -
209. Optum, Surgery Partners further consolidate
... hospice provider Amedisys. In February, Optum acquired Middletown, N.Y.-based multispecialty group Crystal Run Healthcare. Also in February, UnitedHealth Group closed on a multimillion-dollar deal ...27 July 2023 -
210. Cooper University Health Care unveils $150M ASC in former Sears
Camden, N.J.-based Cooper University Health Care has unveiled its $150 million ambulatory care center located inside of a former Sears department store in Moorestown, N.J., according to a July 25 report ...25 July 2023 -
211. How 4 ASC chain giants gained power
... and added more than 25 ASCs in 2022. Surgery Partners Surgery Partners has more than 127 ASCs. The company acquired Kansas Spine & Specialty Hospital in Wichita, Kan., a physician-owned spine, ...19 July 2023 -
212. Is PE bad for ASCs? 7 leaders weigh in
... original equity members of the practice and not employed physicians. The visible benefits are limited, and the practice needs to either merge or be acquired by a hospital system. Anthony Kalloo, MD. ...18 July 2023 -
213. Is private equity digging deeper into ASCs? 6 notes
... published by the American Antitrust Institute. According to the study, private equity-acquired practices in several specialties had statistically significant expenditure per patient increases. 2. U.S. ...14 July 2023 -
214. How private equity has increased the cost of care for 6 physician specialties
... and the Washington Center for Equitable Growth. According to the study, private equity-acquired practices in several specialties had statistically significant expenditure per patient increases. Six ...12 July 2023 -
215. Medtronic's $60M in fraud, kickback settlements: A timelin
... before it acquired the company. 2019: Medtronic paid over $17 million after a Covidien physician offered discounted and free marketing to physicians using its products. 2020: Medtronic paid over ...12 July 2023 -
216. HCA Florida to convert new property into medical office building, freestanding ER
HCA Florida Healthcare acquired two two-story buildings in Jacksonville, Fla., in June for $6.06 million, with plans to convert the space into a freestanding emergency center and a medical office building, ...12 July 2023 -
217. Optum digs deeper into value-based care
... acquired Middletown, N.Y.-based multispecialty group Crystal Run Healthcare. "Crystal Run has long recognized that the fee-for-service reimbursement model is broken, and we committed to transition to ...12 July 2023 -
218. USPI vs. SCA Health so far in 2023
... acquired Middletown, N.Y.-based multispecialty group Crystal Run Healthcare. 5. Optum Health affiliate Everett Clinic opened a 39,500-square-foot facility with 50 exam rooms and an ASC in Arlington, ...10 July 2023 -
219. 5 moves disrupting the ASC industry
... ASC chain SCA Health, has shifted its focus to physician acquisitions in the last few years. Notably, the company acquired Houston-based physician group Kelsey-Seybold for around $2 billion last year. ...06 July 2023 -
220. 10 Texas medical office building updates from the first half of 2023
... II, set to open in 2024. 3. A 31,247-square-foot medical office building in Plano, Texas, anchored by Dallas Neurological and Spine, was acquired by Montecito Medical. 4. Wolf Capital Partners acquired ...06 July 2023