California is the state with the most physician groups, according to a report from Definitive Healthcare.
Category: ASC Transactions and Valuation Issues
$45B worth of physician group acquisitions since 2019
Here are 10 of the biggest-budget acquisitions of physician groups, totaling approximately $45.3 billion, as reported by Becker’s since 2019:
Kaiser Permanente buys ASC previously operated by SCA Health
Oakland, Calif.-based Kaiser Permanente opened its first ASC in southern California, the Antelope Valley Press reported March 28.
Tenet completes $975M sale of California hospitals, ASCs
Dallas-based Tenet Healthcare, parent company of ASC giant United Surgical Partners International, has completed the sale of four hospitals and two ASCs in Southern California to UCI Health.
5 health systems selling off health facilities in the last year
Here are five health systems that have sold facilities in the last year:
Optum to acquire Steward physician group
Optum, parent company of ASC chain SCA Health, will acquire financially troubled Dallas-based Steward Health Care’s physician group, The Boston Globe reported March 26.
MyMichigan Health to acquire Ascension ASC, 3 other locations
MyMichigan Health is set to acquire Ascension’s Michigan locations in Saginaw, Tawas and Standish.
Inside CVS' physician acquisition strategy
CVS Health is one of the top contenders in the race to acquire physicians.
$1.8B in 3 years: The acquisitions driving Tenet's growth
Tenet Healthcare, parent company of ASC chain Dallas-based United Surgical Partners International, has inked more than $1.8 billion in acquisitions since 2021, Tenet said in its annual report filed with the SEC on Feb. 16.
TriasMD acquires Thousand Oaks Surgery Center
TriasMD, parent company of Newport Beach, Calif.-based DISC Sports & Spine Center, acquired Thousand Oaks (Calif.) Surgery Center.
