Category: ASC Transactions & Valuation Issues

Which ASC specialty has the highest case revenue?

Orthopedic procedures had the highest average net revenue per case at ASCs in 2024, according to HST Pathways’ latest “State of the Industry Report.” Here is a breakdown of the average net revenue per case by specialty:

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ASCs’ playbook in 2025: 10 trends shaping finances

Here are 10 trends within the ASC industry shaping the way that leaders and physicians approach ASC finances in 2025:  1. Physicians still hold majority stakes in most ASCs, according to a March 13 MedPAC report to Congress. Most ASCs are at least partially owned by physicians, maintaining a long-standing trend of clinician investment in […]

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Physicians dominate ASC ownership — but big corporations are catching up 

ASCs remained overwhelmingly for-profit in 2023, with 95.3% operating as such, according to a March 13 MedPAC report to Congress. Here are three more insights into the shifting landscape of ASC ownership: 1. Physicians still hold majority stakes. Most ASCs are at least partially owned by physicians, maintaining a long-standing trend of clinician investment in […]

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Where ASCs are growing, and where they’re not

ASCs continue to be concentrated in urban areas, with 93.8% located in cities, according to a March 13 MedPAC report to Congress.  Here are three key insights on where ASCs are concentrated — and where they’re seeing the most growth: 1. Rural access remains limited. While rural patients often travel to urban centers for ASC-based […]

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California medical office building sells for $5M

An 8,935-square-foot medical office building in Newport Beach, Calif., has sold for $5 million, according to a March 24 report from Connect CRE.

The facility was sold by investment products provider Equity Enterprises and is 62% leased. 

It…

5 health systems doubling down on ambulatory care

Over the last 12 months, several major health systems have begun doubling down on ambulatory care as it has continued to grow in popularity and demonstrate lower costs compared to inpatient hospitals.  “Nowadays, patients don’t want to go to the hospital. Hospitals are for sick people. Coming to a clean and efficient ASC is what […]

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Texas ASC building trades hands

A fully leased medical office building and ASC in Grapevine, Texas, has changed hands, according to a March 20 press release published in The Business Press. The building features eight exam and two operating rooms, totaling 17,724 square feet. It was first constructed in 2010.  Details were not provided as to what ASC is housed […]

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Bain Capital’s bid for Surgery Partners: What it says about PE’s ASC interest

Brentwood, Tenn.-based Surgery Partners reported a record-breaking $3.1 billion in annual revenue, while Bain Capital’s bid to take the company private underscores private equity’s continued interest in the ASC market, according to a March 17 analysis from VMG Health. Bain’s initial 2017 investment at $19 per share was one of many private equity plays that […]

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Who’s snapping up physicians? 20 deals to know

Here are 20 deals in the last two years to know involving physician practice and group acquisitions: Private equity-backed groups Amazon Optum CVS  Other acquisitions to note: 

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Ohio physician practice closes due to reimbursement challenges

Lisa Egbert, MD, an OB-GYN, is closing her practice, the Paragon Women’s Center in Centerville, Ohio, due to financial constraints largely driven by reimbursement challenge, Spectrum News 1 reported March 19.  Dr. Egbert operated her practice for nearly 30 years, according to the report. But in the last two years, she had stopped taking a […]

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