Investment/M&A

Tenet Healthcare (NYSE: THC) is leaning further into ambulatory and outpatient growth strategies after a strong start to 2025, CEO Saum Sutaria said Tuesday during the company’s Q1 earnings call. "We see significant opportunity for growth," Sutaria said.  The Dallas-based company's ambulatory platform, United Surgical Partners International (USPI), saw a 20% increase in net operating revenues compared to the previous year, at $1.19 billion, compared to $995 million the past … [Read more...]

LOS launches new ASC Louisiana Orthopaedic Specialists (LOS), the largest orthopedic and spine care provider in Acadiana, has opened a new ambulatory surgery center in Lafayette. The LOS Surgery Center features eight operating rooms and two procedure rooms equipped with the latest surgical technology, including robotics, and is designed to support a broad spectrum of orthopedic, spine and joint replacement procedures. The center will serve as a regional hub for outpatient musculoskeletal … [Read more...]

AMSURG has acquired Pinnacle Surgery Center, expanding its footprint in the Louisiana market. Financial terms of the deal were not disclosed. The transaction is the latest deal for the Nashville, Tennessee-based AMSURG, the ambulatory surgery center (ASC) management company with a network of more than 250 centers across the U.S. Prior to Pinnacle, AMSURG’s recent deals included its moves to acquire an ownership interest in Texarkana Surgery Center at the start of 2025 and its purchase of … [Read more...]

Beacon’s big buy Beacon Health System has signed a definitive agreement to acquire Ascension’s health care network in Southwest Michigan, including four hospitals, 35 outpatient clinics and an ambulatory surgery center (ASC). The deal, which is pending approval from attorneys general in both Indiana and Michigan, is expected to close this summer. Financial terms were not disclosed. “Expanding our reach deeper into Southwest Michigan broadens access to high-quality, affordable care for … [Read more...]

Summit Spine & Joint Centers has completed a recapitalization with Wellspring Capital Management.  The news marks the third private equity recapitalization for the Georgia-based minimally invasive spinal services platform in seven years.  Summit officials said in a press release that the funding is expected to provide additional capital to bolster Summit’s expansion in the Southeast and adjoining markets. “Our mission is to empower physicians, because when physicians are empowered … [Read more...]

TriasMD expands ASC footprint TriasMD, the parent company of the DISC Surgery Centers, is expanding its presence in California with the opening of a new state-of-the-art facility in San Diego’s North County. Located in the Tri-City Medical Center Health & Wellness Complex in Carlsbad, the 12,000-square-foot DISC Surgery Center is now complete and in the final stages of equipment installation and staffing ahead of opening. The center will feature three advanced operating suites … [Read more...]

With shrinking margins, staffing shortages and shifting physician demographics, independent ambulatory surgery center (ASC) operators are increasingly considering whether they should continue going it alone – or turn to a strategic partner for backup.   Strategic partnerships can help mitigate common industry challenges by potentially securing better reimbursement rates, leveraging group purchasing agreements and bringing in additional patient volume, William Teague of VMG Health, a health … [Read more...]

Urgent care capabilities can act as a “front door” to higher-acuity services. That, in turn, can be a boon to ambulatory surgery center (ASC) expansion. This was Ardent Health Partners Inc. (NYSE: ARDT) CEO Marty Bonick’s sentiment on the outpatient market during the company’s investor presentation on March 10.  “There’s about 5.6 million people that live in our markets,” Bonick said. “We saw over 1.2 million unique patients last year. … As we can get more people into our system, they’re … [Read more...]

Physician turnover rises significantly after the sale of private equity-owned physician practices. What’s more, those departing are significantly more likely to join larger groups. That’s according to a recent study published in JAMA Health Forum that examined 1,215 physicians, comparing those whose practices were sold by PE owners with similar physicians in practices that did not undergo a sale. Two years after the sale, physicians in PE-exiting practices were 16.5 percentage points … [Read more...]

Ambulatory surgery centers (ASCs) remain central to HCA Healthcare’s (NYSE: HCA) long-term outpatient expansion strategy, despite the company’s heavier focus on urgent care, physician clinics and freestanding emergency departments in recent years. “We think about ambulatory surgery centers as just part of our approach to the marketplace,” CEO Sam Hazen said during a March 4 investor call. “Unlike some other companies, we don’t typically own surgery centers or other outpatient facilities … [Read more...]