Ambulatory surgery center (ASC) dealmaking activity continues to heat up. In one of the most recent deals, the private equity-backed Capitol Pain Institute (CPI) acquired Pain Care Surgery of Louisville. Strategically, the transaction adds to CPI’s advanced procedures offerings via spinal cord and peripheral nerve stimulation, interspinous stabilization and fixation, and posterior SI joint fusion. Financial terms of the transaction were not disclosed. “We believe that every patient … [Read more...]

W. Mark Wainner has been elected president of the Ambulatory Surgery Center Association (ASCA), the industry group recently announced. Alexandria, Virginia-based ASCA is a national trade association that represents more than 6,200 Medicare-certified ambulatory surgery centers (ASCs) across the United States. The group plays an important role in working with the U.S. Centers for Medicare & Medicaid Services (CMS) and lawmakers to shape ASC policy – a mission that has grown in importance as … [Read more...]

Bon Secours Mercy Health and Compass Surgical Partners are launching a new ambulatory surgery center (ASC) joint venture. Announced in April, the JV will launch in Greenville, South Carolina, with a target opening date of April 11. Dubbed Millennium Surgery Center, the ASC will provide same-day orthopedic surgeries, otolaryngology interventions and pain management procedures. "We are excited to get to work in this modern, outpatient environment that will blend world-class treatment with … [Read more...]

Maintaining strong relationships is crucial to the success and growth of any business. And in the case of ambulatory surgery centers (ASCs), nurturing relationships with referring physicians is paramount to ensuring a steady flow of patients while increasing referrals. The ASC market is rapidly growing, with the global market reaching $96.5 billion in 2023 and projected to increase to $150.6 billion by 2033, according to some estimates. The appeal of ASCs lies in maximizing efficiency, … [Read more...]