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ASC Transactions & Valuation Issues

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…

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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…

Southlake, Texas-based Retina Consultants of America has acquired Montana Retina Consultants, according to a Feb. 5 news release.  Bozeman-based Montana Retina Consultants is a community-based retinal care practice that treats retinal diseases including diabetic retinopathy, macular degeneration, macular edema, retinal…

Oakland, Calif.-based Kaiser Permanente and Reno, Nev.-based Renown Health have finalized a joint venture to operate a health plan and outpatient care delivery system in northern Nevada. Under the agreement, Hometown Health, previously owned by Renown Health, is now jointly…

Lehigh Acres, Fla.-based Premier Cardiology Care has expanded its footprint in Fort Myers, Fla., with the $1.58 million acquisition of four medical office condominiums, according to a Feb. 4 Gulfshore Business report. The transaction closed in early January. Mike Rivera of…

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