Category: ASC Transactions and Valuation Issues

Anthony Sclafani, MD, director of facial plastic surgery and otolaryngology professor at Weill Cornell Medicine in New York City, joined Becker’s to discuss the benefits — and disadvantages — of consolidation.

As care delivery continues to become more consumer-centric, several big retailers are looking to secure a place in the retail clinic market, according to a May 18 blog post from Definitive Healthcare.

Here are three big ASC moves that Becker’s has reported on since April 28: 

Hartford HealthCare has been approved to acquire two ASCs in Connecticut, the Hartford Business Journal reported May 12. 

Following plans to file for Chapter 11 bankruptcy, Envision Healthcare reached a restructuring agreement with its stakeholders.

ASCs around the country are facing reimbursements that are not keeping up with the rising cost of living, leading to a declining number of truly independent, physician-owned ASCs. 

Michael Davis, MD, surgical director and chief of urology at the University of New Mexico Health Sciences Center in Albuquerque, joined Becker’s to evaluate the benefits — and downsides — of the growing trend of consolidation in healthcare.

Orlando (Fla.) Health has purchased another medical office building near its main campus for $7.38 million, according to a May 8 report from local news station WFTV and the Orlando Business Journal. 

Nashville, Tenn.-based HCA Healthcare continues to double down on developing outpatient facilities and increasing outpatient procedure migration, according to an April 21 first-quarter earnings call transcribed by Seeking Alpha. 

Physician practice management services organizations and physician practices or groups will soon be required to send a comprehensive filing for transactions to the state of New York, JDSupra reported May 5.