Category: ASC Transactions and Valuation Issues

As both the ASC industry and the physician workforce overall become increasingly consolidated, some companies are pioneering alternative business models that offer financial and operational support while maintaining their independent practice. 

Despite investor concerns over potential Medicaid cuts, executives of Dallas-based Tenet Healthcare, parent company of ASC giant United Surgical Partners International, remained confident in financial stability in a Feb. 12 earnings call. 

Economic pressures such as inflation, staffing shortages and supply chain issues have given way to consolidation throughout the healthcare industry. Now, 77% of physicians have moved away from independent practices, opting for employment by hospitals o…

Dallas-based United Surgical Partners International – the ASC arm of Tenet Healthcare — added 57 ASCs in 2024, further solidifying its market position as the largest ASC chain. 

An ASC in Ames, Iowa, has closed for unknown reasons, the Ames Tribune reported Feb. 13. 

As the ASC industry continues to develop and evolve, so do ASCs’ relationships with health systems and hospitals.

From Stark law to certificates of need, Shakeel Ahmed, MD, CEO of Atlas Surgical Group in St. Louis, joined Becker’s to discuss the legislation potentially stifling ASC development.

Dallas-based United Surgical Partners International reported $4.5 billion in net operating revenues for 2024, a 15.4% increase from $3.9 billion in 2023, according to parent company Tenet Healthcare’s earnings report released on Feb. 21.

A Fair Lawn, N.J.-based medical office building has sold for $22 million, according to a Feb. 10 report from NJBiz. 

The wave of consolidation in the ASC market continued in 2024, with the number of independently owned ASCs dropping to 67%, according to  VMG Health’s “ASCs in 2024: A Year in Review” report.