Becker's ASC

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2 of 3 ASCs fully owned by physicians: 5 industry notes

About 66 percent of surgery centers are wholly owned by physicians, with the rest of the market owned solely or in collaboration with hospitals and corporations, according to a June report from Definitive Healthcare. 

Tennessee orthopedic ASC construction starts this month

Chattanooga, Tenn.-based Center for Sports Medicine and Orthopaedics will begin construction of its new ASC this month, according to Somerset CPAs and Advisors.

Private equity turns to physicians after courting ASCs for years

Private equity firms have long used ASCs as investment vehicles, which they have wrapped into larger portfolios and marketed to pension funds and other big institutional investors. But across the market, those institutions are reaching their capacity f…

USPI, Surgery Partners & more: 19 company moves in 2022

Below are 17 stories Becker’s has reported on in 2022 involving United Surgical Partners International, Surgery Partners and Surgical Care Affiliates.

ASCA moves in 2022: 2 updates to know

Here are two recent updates from the Ambulatory Surgery Center Association:

Georgia hospital expands ambulatory surgery offerings with $400M project

Northside Hospital Gwinnett in Lawrenceville, Ga., is expanding its ambulatory surgery offerings with a $400 million patient tower and medical office building, The Atlanta Journal-Constitution reported June 8. 

PE-backed Prism Vision Group Completes 21st acquisition

Private equity-backed Prism Vision Group added Moorestown, N.J.-based South Jersey Eye Physicians to its network, Invision Mag reported June 8.  

‘An unmet medical need’: Physician weighs in on 1st eosinophilic esophagitis treatment

The GI industry hit a milestone in May with the first FDA approved treatment for eosinophilic esophagitis.

5 statistics making ASC execs nervous

With rising operation costs, nurse shortages and a push toward industry consolidation, independent physicians and ASCs are having a hard time staying independent. 

Through insurance company denials and staffing shortages, 1 surgeon found the bright side

Lauren Matteini, MD, serves as a board-certified and fellowship-trained orthopedic spine surgeon at Geneva, Ill.-based Fox Valley Orthopedics.Dr. Matteini will serve on the panel “Minimally Invasive Complex Spine: Big Trends and Concepts” at Becker’s 1…