Rite Aid has shuttered more than 520 locations since it filed for Chapter 11 bankruptcy in October, Bloomberg reported May 3.
Category: ASC Transactions and Valuation Issues
HCA revenue hits $1.8B amid outpatient volume drop
Nashville, Tenn.-based HCA Healthcare, owner of the largest ASC chains in the country, posted $1.8 billion in revenue in the first quarter of 2024, according to the company’s earnings report published April 26.
6 hospitals closing in the Midwest
Becker’s has reported on six hospitals shuttering in the Midwest in 2024, which could mean a rise in volume for ASCs in the region.
The medtech giants ASCs need to know
Here are 10 medtech companies making waves in major ASC specialties, including orthopedics, ophthalmology gastroenterology and cardiology:
Remedy, Kanye Anderson acquire ASCs, outpatient centers for $252M
Healthcare real estate companies Remedy Medical Properties and Kanye Anderson Real Estate acquired 37 medical properties across 13 states for $252 million.
USPI's 45 new ASCs: 5 things to know
Dallas-based United Surgical Partners International, Tenet Healthcare’s ASC arm, acquired 45 surgery centers in the first quarter.
Is Optum shedding ASCs?
Deerfield, Ill.-based SCA Health, Optum’s ASC arm, has inked two deals in 2024 that include offloading ASCs.
Mercy Hospital sells medical office building for $3.45M
Brewer, Maine-based Northern Light Health, the parent system of Mercy Hospital, has sold a medical office building in Westbrook, Maine, for $3.45 million, according to an April 29 report from Mainebiz.
USPI keeps getting bigger
ASC powerhouse United Surgical Partners International continues to see major growth.
Walmart shutters all 51 clinics: What ASCs need to know
Walmart Health is closing all 51 of its clinics and shutting down its virtual care options.
