In June, U.S. Senators Elizabeth Warren and Ed Markey of Massachusetts introduced legislation targeting “corporate greed and private equity abuse” in the healthcare industry.
St. Louis-based Ascension saw a $3 billion operating loss in fiscal year 2023, and its sustainability strategy includes selling off major hospitals in their system.
ASCs are a unique care setting that are affected by trends such as consolidation, market shifts and other industry-wide changes differently than their hospital counterparts.