Upland, Pa.-based Crozer Health announced the closure of Crozer-Chester Medical Center and Taylor Hospital in Delaware County, Pa. Employees were alerted to the shutdowns via an April 21 email from parent company Prospect Medical Holdings. The shutterings follow a period of turmoil from the system, which recently secured $6 million to keep its two hospitals, […]
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The big disruption of small ASCs As the healthcare landscape continues to shift, new data suggests that smaller ASCs may hold the advantage in today’s market. According to ASC software company HST Pathways’ latest “State of the Industry Report,” the dynamics of ASC performance are tilting in favor of leaner, more specialized facilities. Here are […]
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The ASC saw several “splashy” transactions and acquisitions in Q1, according to an April 16 report by Nashville, Tenn.-based law firm Bass, Berry & Sims. Here are four takeaways from the report: 1. In January, private equity firm Bain Capital placed a $27.25-per-share bid to acquire the remaining 71% of Nashville-based Surgery Partners, already partially […]
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The ASC industry remains incredibly fragmented, with 67% of facilities being independently owned, but 2024 brought another wave of consolidations driven by major health systems, private equity firms and ASC operators. In its 2025 Healthcare M&A Report, released on April 22, VMG highlighted 11 of the most significant ASC deals of the year. Here are […]
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Although physician medical group transaction volume declined by approximately 20% in 2024 compared to 2023, according to VMG Health, several high-profile acquisitions still took place. In its 2025 Healthcare M&A Report, released on April 22, VMG highlighted eight of the most significant physician group deals of the year. 1. In January 2024, private equity firm […]
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One-third of the Medicare-certified ASCs in the U.S., or about 2,110 centers, are part of larger multi-site operators, according to VMG Health. VMG released its 2025 Healthcare M&A Report April 22 outlining the merger and acquisition landscape over the last year. United Surgical Partners International and SCA Health have both grown through acquisition and de […]
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Here are five updates to know on UnitedHealth Group’s Optum, the parent company of ASC chain SCA Health, that Becker’s has reported on in 2025:
The post What Optum has been up to so far in 2025 appeared first on Becker’s ASC.
Cardiologists at the University of Minnesota in Minneapolis are voicing concerns over the university’s proposed merger with Duluth, Minn.-based Essentia Health, The Minneapolis Star Tribune reported April 17. The physicians fear that the merger could thwart relations with the university’s existing partner, Minneapolis-based Fairview Health Services. In March, 30 physicians signed a letter and sent […]
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Nashville, Tenn.-based AmSurg has acquired Pinnacle Surgery Center in Covington, La., according to an April 15 press release shared with Becker’s. The 8,787-square-foot center features three operating rooms and one procedure room. The practice employs 17 physicians who specialize in spine procedures, pain management and eye procedures. AmSurg is one of the largest ASC companies […]
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From declining reimbursements to prior authorization burdens and concerns about AI, physician practices face an array of disruptions to care delivery and financial sustainability. Seven physicians, practice managers and administrators joined Becker’s to discuss the biggest disruptions to physician practices. Editor’s note: Responses have been lightly edited for clarity and length: Julie Baak. Practice Manager […]
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