Here are five ASC-focused joint ventures so far in 2025, as reported by Becker’s: 1. An April 16 report by Nashville, Tenn.-based law firm Bass, Berry & Sims highlighted a recent joint venture between Cincinnati-based Bon Secours Mercy Health System and Raleigh, N.C.-based Compass Surgical Partners. The joint venture expanded its reach by developing 30 […]
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As the healthcare landscape continues to shift toward outpatient, health systems are rapidly expanding their ASC strategies. Here are five organizations are leading the way in reshaping what the ASC of the future looks like: Sutter Health Sacramento, Calif.-based Sutter Health is doubling down on ambulatory care. Bradley Heaton, CEO of the health system’s surgery […]
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From labor contracts to new leadership appointments, here are nine things Oakland, Calif.-based Kaiser Permanente have done in the last month: 1. Roughly 2,400 mental health workers ended a strike that began Oct. 21, after reaching a tentative labor contract with Oakland, Calif.-based Kaiser Permanente. The agreement covers members of the National Union of Healthcare […]
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Upland, Pa.-based Crozer-Chester Medical Center officially closed May 2, marking the final step in Prospect Medical Holdings’ plan to shut down the Crozer Health system. Here are five things to know: 1. The closure of Crozer-Chester Medical Center follows the April 26 shutdown of Taylor Hospital in Ridley Park, Pa. Combined, the closures have led […]
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Nashville, Tenn.-based physician group Envision Healthcare is exiting imaging. Its 400 radiologists will join El Segundo, Calif.-based Radiology Partners. Here are five things to know about the exit: 1. According to an April 30 news release, the transition agreement will shift Envision’s 400 radiologists to employment by Radiology Partners. 2. The agreement seeks to avoid […]
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Nashville, Tenn.-based Tenet Healthcare, the parent company of ASC giant United Surgical Partners International, is planning to invest at least $250 million annually in mergers and acquisitions in the ambulatory space, executives shared during the company’s April 29 earnings call. Here are seven notes to know on Tenet’s USPI strategy: 1. “The pipeline looks good,” […]
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Healthcare is seeing a surge in entities pursuing opportunities arising from the transition from fee-for-service to value-based models, according to VMG Health’s 2025 Healthcare M&A Report, released on April 22. Here are 13 value-based care transactions shaping the industry, according to VMG Health. Payers and retailers 1. In January 2024, Cigna announced the sale of […]
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Nashville, Tenn.-based HCA Healthcare saw strong growth from both inpatient and outpatient cardiac surgeries in the first quarter, but spending remains stable. “Our capital allocation within our capital spending hasn’t really changed, and I don’t anticipate it’s going to change materially as we push forward here,” CEO Sam Hazen said during the company’s first-quarter earnings […]
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Tenet Healthcare’s ASC arm, United Surgical Partners International, reported $1.2 billion in revenue in the first quarter of 2025, up from $995 million in the same period in 2024, according to financial results released April 29. United Surgical Partners International, the ASC arm of Tenet Healthcare, reported $1.2 billion in revenue for the first quarter […]
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Nashville, Tenn.-based HCA Healthcare continues to see outpatient care driving a growing share of its business, according to first-quarter financial results released April 25. Outpatient revenues accounted for 37.3% of total patient revenues in 2025, up from 36.9% in 2024. Here are five more things to know: 1. HCA grew its network of freestanding ASCs […]
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