ASC Transactions & Valuation Issues

From device innovation to practice consolidation, cardiology remains as one of the top targets for investment and M&A activity in healthcare. Here are three transactions in the cardiology industry that total more than $600 million, as reported by Becker’s in…

Raleigh, N.C.-based Compass Surgical Partners is betting that the next wave of ASC growth won’t be driven by one-off center deals, but by a repeatable, holistic strategy that health systems and physicians can actually execute. CEO Mark Langston told Becker’s…

Joint ventures between health systems, hospitals, independent ASCs, surgeons and other third party groups have become the new face of mergers and acquisitions in the industry.  Here are three recent joint venture deals in the ASC industry: 1. Charleston, S.C.-based…

Nashville, Tenn.-based HCA Healthcare is accelerating its push into outpatient care, building on years of aggressive urgent care expansion and a growing slate of freestanding emergency departments as care continues to shift toward lower-cost, more convenient settings. In early February,…

In December, Conshohocken, Pa.-based pharmaceutical services company Cencora said it plans to acquire the majority of the outstanding equity interests it does not already own in OneOncology from TPG for about $3.6 billion, with OneOncology’s affiliated practices and management retaining…

From mega-acquisitions to new joint ventures, ASC companies continued to expand aggressively in 2025.  VMG Health’s annual ASC industry report, published Feb. 3, outlined 11 transactions that underscore the sector’s continued consolidation: 1. In January 2025, Optum subsidiary SCA Health,…

Physician practice closures continue to underscore the financial and regulatory pressures facing independent medicine — in just the past month, Becker’s has reported on five physician practices and clinics that have shut their doors across multiple states. Physician practice bankruptcies…

Rising volumes and strong demand have masked some of the biggest vulnerabilities facing ASCs.  Six ASC leaders joined Becker’s to discuss how the industry may be underestimating risks ranging from reimbursement erosion to anesthesia coverage strain. Editor’s note: Responses have…

Artificial intelligence is quickly emerging as the most consequential disruptor of the physician landscape, not just in diagnosis and imaging, but in documentation, billing and the day-to-day business of medicine.  Physicians also say other forces are accelerating change, from site-of-care…

Raleigh, N.C.-based Compass Surgical Partners’ new CEO, Mark Langston, told Becker’s the company’s next chapter will be defined by “disciplined” expansion through scaling joint ventures with health systems, deepening physician alignment and building denser ASC networks across geographies. Compass’ “high…