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81. Physician group to sell or close
Nampa, Idaho-based Saltzer Health is planning to sell or shut down by March 29. The physician group, which was acquired by Salt Lake City-based Intermountain Health in October 2020, cited in a Jan. ...22 January 2024 -
82. What rising physician pay means for ASCs
... wages are on the rise, with starting pay up in 12 specialties this year. As private equity continues to expand in the ASC space and smaller facilities get acquired by larger health systems, remaining ...19 January 2024 -
83. 5 numbers keeping private practice physicians up at night
... January 2019 and 2021, according to the Avalere report. 36,200. The number of physician practices that were acquired between 2019 and 2021, according to Avalere. 13 percentage points. The decline ...18 January 2024 -
84. What this ASC leader thinks about hospitals' return to masking
... safe places where patients and their relatives are safe from hospital acquired infections. Most hospitals have been bringing back masks due to increases in respiratory illnesses in their regions. We all ...18 January 2024 -
85. 3 medical office buildings in unusual places
... planning board approved a three-story medical office building at the former Pease Air Force Base. 2. Bethlehem, Pa.-based St. Luke's University Health Network acquired the site of the former Frederick' ...17 January 2024 -
86. MultiCare plans to acquire Washington ASC
Tacoma, Wash.-based MultiCare Health System has made plans to acquire Astria Ambulatory Surgical Center in Yakima, Wash., Yakima Herald-Republic reported Jan. 12. The surgical center is currently licensed ...12 January 2024 -
87. Are 'monopolizing' entities eroding physician independence
... practices are being bought out or acquired in a trend that is sweeping across this nation (now 90,000 strong) with Optum. Two things about it bother me more than any other: This increasingly leads to loss ...12 January 2024 -
88. 5 numbers on how private equity affects patient care
... published Dec. 26 in JAMA found that patients at private equity-associated hospitals had 25.4% more hospital-acquired conditions; that number primarily was driven by falls and central line-associated bloodstream ...11 January 2024 -
89. St. Luke's to convert $8.25M flower shop into medical office buildin
Bethlehem, Pa.-based St. Luke's University Health Network has acquired the site of the former Frederick's Flowers & Gifts in Hilltown Township, Pa., for $8.25 million and plans to convert the property into ...11 January 2024 -
90. GI practice transactions down in 2023
Since 2016, gastroenterology practices have undergone a wave of consolidation as private equity-backed companies, including Gastro Health and United Digestive, have acquired hundreds of providers nationwide. ...11 January 2024 -
91. The workforce trends scaring physicians
... vertical integration sweeping the healthcare industry. Physician practices are being bought out or acquired in a trend that is sweeping across this nation (now 90,000 strong) with Optum. Two things about ...10 January 2024 -
92. 5 private equity firms with a hand in healthcare to watch
... filing for Chapter 11 bankruptcy in May. KKR acquired Covenant in 2017. Shore Capital Partners This private equity firm, with offices in Chicago and Nashville, Tenn., works exclusively with small ...10 January 2024 -
93. Optum, SSM end partnership
... a total of 20,000 physicians and acquired three physician groups in 2023, ending the year with nearly 90,000 affiliated physicians. Optum's ASC operator branch, SCA Health, now has more than 320 surgical ...04 January 2024 -
94. New Jersey medical office building sold for $24M
A medical office building in Jackson, N.J., was acquired by real estate firm Horizon Equities for $24 million, according to a Jan. 4 report from NJBiz. The 150,000-square-foot, three-story building ...04 January 2024 -
95. 3 physician groups, 3 hospitals & Uber: Optum 2023 deals
... groups in 2023. In September, a $3.3 billion acquisition of La.-based Amedisys, a home health and hospice provider, was approved. In February, Optum acquired Middletown, N.Y.-based multispecialty physician ...04 January 2024 -
96. Phoenix medical office building sells for $46M
Big Sky Medical has acquired a $46 million medical office building in Phoenix, Ariz., according to a Jan. 4 report from the Commercial Property Executive. The three-story, 252,000-square-foot Blackhawk ...04 January 2024 -
97. 5 ways ASCs can tackle staffing shortages
... that are acquired and honed over time. There is increased competition, and in fact it is hard to compete with large health systems/hospitals. I am also finding that ASCs are competing in the same region ...02 January 2024 -
98. Private equity linked to poorer hospital outcomes, study says. Does physician ownership help PE-backed ASCs?
... at 259 non-PE-backed hospitals. The study authors used 100% Medicare Part A claims data to analyze outcomes for patients. The study authors found 25.4% more hospital-acquired conditions, primarily falls ...27 December 2023 -
99. 10 ASC, practice closures in 2023
... Country Memorial Surgery Center closed following a November announcement that Hill Country Memorial Hospital was acquired by San Antonio Methodist Hospital. 4. In March, Steven Ozeran, MD, medical director ...21 December 2023 -
100. 4 recent private equity deals to know
Despite Senate budget committee members recently opening an investigation into private equity ownership in healthcare, private equity remains a powerful force in healthcare. Here are four recent private ...20 December 2023