Category: ASC Transactions and Valuation Issues

The end of ASC-blocking policies may be near

Last year, CMS began requiring hospitals to post prices negotiated with private insurers online and enforced compliance. The agency is also requiring insurers and health plans to disclose in-network provider rates by July 1. Both policy changes could b…

$24.9M Massachusetts ASC property sold

Shields Health Care Group has sold a medical office building and ASC in Natick, Mass., for $24.9 million. 

ASCs Inc. sells multispecialty California ASC

ASCs Inc. sold the Newport Beach (Calif.) Multi-Specialty Surgery Center to a regional ASC management company.

Penn State Health becomes part owner in ASC; 17 surgeons keep ownership stake

Penn State Health has become part owner in the Surgery Center of Lancaster (Pa.), the first step in the system’s joint venture with ValueHealth, a Leawood, Kan.-based digital healthcare company.

Feds seek public input in fighting anticompetitive mergers

The Federal Trade Commission and Justice Department are seeking the public’s help as they scrutinize anticompetitive behavior as part of a larger effort to review and refine merger guidelines.

What happens when physicians sell their practices

Physician practices are selling to hospitals and corporate entities at an accelerated rate during the COVID-19 pandemic.

California health system acquires majority stake in physician-owned ASC

Sharp HealthCare has acquired a majority interest in the physician-owned Coast Surgery Center in San Diego, Calif., San Diego Metro reported Jan. 17.  

Nebraska hospital acquires ASC, completes upgrades

Columbus (Neb.) Community Hospital hosted an open house following the renovations of its recently acquired ASC, The Columbus Telegram reported Jan. 15. 

Medical group deals up 121% last quarter: 4 details

The medical group transactions market heated up at the end of last year, more than doubling the number of fourth quarter deals from the previous year.

‘Campaign of intimidation’ forced physicians into restrictive employment, lawsuit alleges

Hartford, Conn.-based Saint Francis Hospital and Medical Center filed a lawsuit Jan. 11 that alleges Hartford HealthCare used anticompetitive tactics to acquire physician practices.