Category: ASC Transactions and Valuation Issues

10 ASC companies to know

Here are 10 ASC companies to know:

ASC leaders eye 'elevator pitches' to payers in cost-savings talks

Operational costs are soaring for ASCs while reimbursements continue to decline. Some physicians point to a lack of communication from payers regarding ASC’s true costs for creating this financial tension.

Tenet to sell off 5 hospitals in Alabama for $910M: What ASCs need to know 

Dallas-based Tenet Healthcare, parent company of ASC giant United Surgical Partners International, has agreed to sell its majority interest in Birmingham, Ala.-based Brookwood Baptist Health to Orlando (Fla.) Health.

MyMichigan Health finalizes Ascension ASC acquisition

Midland-based MyMichigan Health has finalized the acquisition of several Michigan-based Ascension facilities, including a Saginaw-based ASC and a Tawas-based surgery center, according to an Aug. 1 report from the Detroit Free Press.

After slow start, SurgCenter ASCs merge with USPI

Following a slower-than-expected onboarding process, Saum Sutaria, MD, CEO of Dallas-based Tenet Healthcare, parent of ASC chain United Surgical Partners International, said that the company “feels good” about the acquisition progress and doesn’t think…

Florida medical office building housing ASC sells for $32M

A medical office building in Lakewood Ranch, Fla., has sold for $31.8 million, according to a July 31 report from the Business Observer.

HCA vs. Tenet vs. Optum in Q2

Here are 12 things to know from three major health systems and providers who operate ASC chains:

Demand for HCA to give up control of NC hospital grows: What ASCs need to know

The North Carolina attorney general’s office is asking the state health department to deny HCA Healthcare’s certificate-of-need application to add 26 acute care beds to its Asheville-based Mission Hospital.

Alabama surgery center facility sells for $6.81M

An outpatient surgery facility in Gardendale, Ala., has sold for $6.81 million, according to a July 25 report from the Birmingham Business Journal. 

AmSurg acquires ownership stake in Oregon ASC

ASC management services provider AmSurg has acquired ownership interest in Salem, Ore.-based River Road Surgery Center.