Category: ASC Transactions & Valuation Issues

Brentwood, Tenn.-based Surgery Partners is leaning heavily on acquisitions and de novo development to accelerate its ASC growth, executives shared during a May 13 earnings call transcribed by Seeking Alpha. Here are five key takeaways from the company’s growth strategy: 1. Strategic acquisitions remain a priority. So far in 2025, the company has invested $55 […]

The post Surgery Partners doubles down on M&As appeared first on Becker’s ASC.

Here is how three of the largest ASC operators performed during the first quarter of 2025, according to their financial reports: Surgery Partners (Brentwood, Tenn.) United Surgical Partners International (Dallas) HCA Healthcare (Nashville, Tenn.)

The post How ASC giants stacked up in Q1: 10 financial notes appeared first on Becker’s ASC.

Brentwood, Tenn.-based Surgery Partners added 150 physicians and five surgical facilities in the first quarter of 2025, company executives shared during a May 13 earnings call transcribed by Seeking Alpha.  Here are five more notes on the company’s growth strategy: 1. Many of the newly added 150 physicians are expected to eventually become partners, according […]

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Here are six updates to know on Nashville, Tenn.-based HCA Healthcare and its affiliates, as reported by Becker’s since the start of 2025:

The post What’s new with HCA Healthcare appeared first on Becker’s ASC.

Penn Medicine has hired more than 40 physicians-in-training who were displaced by the closing of Upland, Pa.-based Crozer Health, according to a May 9 report from The Philadelphia Inquirer.  The system added 26 family medicine residents from Crozer, which shuttered its final hospital May 2.  In addition, Penn Medicine is hiring all 12 of Crozer’s […]

The post The systems picking up Crozer Health’s physicians appeared first on Becker’s ASC.

Brentwood, Tenn.-based ASC chain Surgery Partners recorded $776 million in revenue during the first quarter of 2025, an increase of 8.2% compared to the first quarter of 2024.  Here are nine more notes, according to a May 12 news release from the company. 

The post Surgery Partners hits $776M in Q1 revenue: 10 things to know appeared first on Becker’s ASC.

There have been numerous ASCs and physician practices that have closed in the first months of 2025 for a range of reasons. Rising operational costs, staffing shortages and stagnant reimbursements rates are among the most common factors in the closures.  Here are the practices and ASCs closing so far this year, as reported by Becker’s. 

The post Why ASCs, physician practices are closing appeared first on Becker’s ASC.

Here are seven updates to know on Dallas-based Tenet Healthcare, the parent company of ASC giant United Surgical Partners International, that Becker’s has reported on so far this year:

The post What Tenet has been up to in 2025 appeared first on Becker’s ASC.

Rite Aid is once again pursuing Chapter 11 bankruptcy protection, marking the second filing in less than two years, as it seeks to sell “substantially all” of its assets. Here are five things to know:  1. The company is currently in active discussions with multiple potential buyers. To support operations during the sale process, Rite […]

The post What’s going on with Rite Aid’s bankruptcy? appeared first on Becker’s ASC.