Category: Becker’s ASC Review

Surgery Partners rejects Bain Capital’s buyout bid, citing independent growth potential

Brentwood, Tenn.-based Surgery Partners has rejected a proposal from private equity firm Bain Capital to acquire all outstanding shares not already owned by the firm, reaffirming its commitment to remain an independent, publicly traded company. Following a review by its independent committee, the company concluded that the value and growth prospects of staying independent outweighed […]

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Ascension enters agreement to acquire AmSurg 

St. Louis-based Ascension entered into a definitive agreement June 17 to acquire AmSurg, a move set to significantly scale its ASC presence across the U.S. AmSurg, headquartered in Nashville, Tenn., partners with around 2,000 physicians and operates 250 ASCs, making it the second-largest ASC chain nationally, trailing only Tenet’s United Surgical Partners International. The company […]

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Cleveland Clinic to expand ASC hours

Beginning July 7, Cleveland Clinic is expanding hours for outpatient care at several of its locations.  The locations will expand hours for outpatient specialty appointments, as well as for elective surgeries and procedures, according to a June 17 news release from the health system.  Specialties available at the facilities with extended hours will include digestive […]

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5 new numbers scaring gastroenterologists

Here are five numbers scaring gastroenterologists: 1. 3% pay decline According to Medscape’s Gastroenterologist Compensation Report 2025, gastroenterologists saw their average annual salary drop from $512,000 in 2023 to $495,000 in 2024, a 3% decline.  2. Only 37% feel fairly compensated Despite their high earnings, only 37% of gastroenterologists feel they are fairly compensated. This […]

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Indiana adds restrictions to noncompete laws 

In early May, Indiana Gov. Mike Braun signed legislation to expand restrictions on noncompete clauses in some physician contracts, The National Law Review reported June 16.  The legislation goes into effect July 1, and prohibits noncompete agreements between physicians and hospitals, parent companies of healthcare organizations, affiliated managers of a hospital and a hospital system. […]

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ASC speaker spotlight: Priyantha Ranaweera, MD, Medical Director of Manhattan Specialists Center

Priyantha Ranaweera, MD, is a Harvard-trained interventional cardiologist and medical director of Manhattan Specialists Center in Manhattan, Kan. With over 20 years of global medical experience, Dr. Ranaweera specializes in peripheral interventions, heart catheterizations and advanced device implantation. Reflecting on his leadership journey, Dr. Ranaweera emphasizes the power of persistence.  “Transformational programs don’t happen overnight. […]

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Is the pendulum swinging on ASC M&A?

While consolidation among hospitals, private equity and large health systems has been a steady trend within the ASC and physician group space over the years, some leaders and physicians have seen signs of a renewed push toward independence.  “It feels like some of the glory days of M&A have passed us a little bit,” Whitt […]

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New Jersey hospital completes 100th TAVR procedure

Newark, N.J.-based University Hospital’s Structural Heart Program has completed its 100th transcatheter aortic valve replacement procedure. Each procedure is performed by a multidisciplinary team, including cardiologists and cardiac surgeons, at the hospital’s cardiac catheterization lab, according to a June 12 news release. The catheterization lab uses intravascular imaging and physiological studies to consistently perform procedures. […]

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Minnesota medical center set to open new ASC

Olmsted Medical Center is opening a new ASC and clinic in Owatonna, Minn., according to a June 14 report from Owatonna People’s Press.  Procedures including endoscopies, colonoscopies, biopsies and women’s health will be performed at the ASC, with orthopedics and ophthalmology services being added in 2026.  The ASC will begin surgical procedures Aug. 13, and […]

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Private equity’s growing regulatory challenges: 3 updates

A number of legislative developments and new data points to a shift in private equity activity, especially in the area of physician practice acquisitions. Here are three recent updates on the changing regulatory and business landscape surrounding private equity in healthcare: 1. The Pennsylvania House of Representatives passed legislation June 12 that would expand the […]

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