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.
- Peoria, Ill.-based Bond Eye Associates is closing in June, citing financial difficulties, including rising operational costs and challenges with insurance reimbursements.
- Longmeadow-based The Hand Center of Western Massachusetts will close June 1 due to sudden unexpected staffing issues.
- Eye Physicians of Lancaster (Pa.) closed its doors April 7 without a reason given.
- Providence, R.I.-based Anchor Medical Associates will close all three of its offices by June 30, citing several difficulties hiring replacements for retired physicians, including rising costs of operating and declining reimbursement rates.
- Tallahassee Primary Care Associates closed after nearly 30 years.
- 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 challenges.
- The pediatrics practice of John Gorlowski, MD, in Saint Mary, Pa., is closing in June.
- Tyler (Texas) Med Clinic closed Feb. 15 due to personal reasons.
- Mobile-based Alabama Orthopaedic Clinic closed in April due to a combination of retiring physicians, challenges in recruiting for specific subspecialties, rising costs and reimbursement cuts, despite strong patient volumes.
- Ames, Iowa-based Sturm Cosmetic Surgery closed for unknown reasons.
- Hoboken, N.J.-based Garden State Orthopedics, an orthopedic practice specializing in sports medicine, closed its office on Jan. 27 after more than 30 years in the area. The practice’s lease expired and it was unable to find a comparable location.
- Pinehurst (N.C.) Radiology Associates closed “for the foreseeable future” due to a cyberattack.
The post Why ASCs, physician practices are closing appeared first on Becker’s ASC.