Opening an ambulatory surgery center (ASC) in a rural area means significant challenges, including a shortage of skilled health care staff, geographic isolation and a smaller patient base, all of which can make it difficult to achieve high surgical volumes and maintain profitability. Other obstacles include poor infrastructure, limited access to reliable transportation and supply chain issues that can increase operational costs. “There has not been much new development in rural health … [Read more...]
Surgery Partners Reaffirms Long-Term Strategy Despite Volume Dips, Changing Payer Mix
Surgery Partners (Nasdaq: SGRY) remains committed to organizational growth and M&A as it enters the final quarter of the year. That’s based on remarks by CEO Eric Evans during the company’s Q3 2025 earnings call on Nov. 10. Broadly, Surgery Partners is focused on its three growth pillars: organic growth, margin improvement and capital deployment for M&A to showcase ongoing execution and alignment with its long-term growth strategy. Surgery Partners’ physicians performed … [Read more...]
ASC Dealbook: Surgery Center of Conway Partners with AMSURG; Black Hills Plastic Surgery Joins Sanford Health
Surgery Center of Conway partners with AMSURG Physician-owned Surgery Center of Conway and AMSURG have partnered to improve the ophthalmology and retina-focused ambulatory surgery services at the facility. The center in Conway, South Carolina, will use AMSURG’s operational, clinical and financial expertise to enhance its business while maintaining its culture of patient-centered care and physician clinical autonomy, according to a press release highlighting the partnership. Nashville, … [Read more...]
Ascension Highlights Critical Role of AMSURG ASCs, Virtual Health Services in New Report
AMSURG is positioned to play a key role in faith-based Ascension’s future plans, according to its 2025 Ministry in Action Report released Oct. 30. Ascension is one of the nation’s largest nonprofit health systems with a network of more than 1,650 care sites across 16 states and the District of Columbia, including 860 clinician network locations, 267 physical therapy outpatient clinics, 194 imaging locations and 59 ambulatory surgery centers (ASCs). In June, Ascension agreed to acquire … [Read more...]
Tenet Healthcare Expands ASC Network with Continued Investment Strategy
Reimbursement rate uncertainty and a regulatory landscape in flux won’t stand in the way of ambulatory surgery center (ASC) growth for Tenet Healthcare Corporation (NYSE: THC). Tenet leaders continue to double down on the ASC market, with plans to prioritize capital investments to grow its subsidiary, United Surgical Partners International (USPI), through M&A over the next several months. Executives discussed those plans and more during the company’s 2025 third-quarter earnings call on … [Read more...]
Community Health Systems Prioritizing New Patient ‘Access Points,’ Opening Several ASCs
Community Health Systems Inc. (NYSE: CYH) reported strong Q3 2025 results and outlined plans for continued investment in ambulatory care during its quarterly earnings conference call on Oct. 24. That includes opening more surgery centers in the not-too-distant future. CHS leaders discussed a positive finish to 2025, with net operating revenues so far exceeding $3 billion. While these revenues decreased by 0.1% compared to the same period in 2024, they increased by 6% on a same-store … [Read more...]
General Atlantic Partners with HSS to Buy Legent Health, Launch National ASC Platform
Another notable health care investor is betting big on the ambulatory surgery center (ASC) space. Hospital for Special Surgery (HSS) and General Atlantic have launched an independently operated national platform of ASCs to expand access to outpatient orthopedic and spine care. As part of the platform’s development, the entities have also agreed to acquire Legent Health, an orthopedic and spine facility operator. The new partnership and platform launch reinforce the idea of the outpatient … [Read more...]
ASC Expansion Driven by Technology, Demographic Changes and Strategic Mergers
The health care industry anticipates substantial growth in outpatient services over the next decade as technology progresses, and an aging population demands more frequent and complex care. That’s based on a new report by Colliers on the growth of ambulatory surgery centers (ASCs). Outpatient care is expanding into new regions and service areas to enhance efficiency and patient treatment, creating new opportunities for partnerships and acquisitions for both national and regional hospital … [Read more...]
ASC Pipeline: Mass General Brigham Plans $7.5M ASC; Dignity Health Breaks Ground on Advanced ASC
Mass General Brigham plans $7.5M ASC with Regent Surgical Mass General Brigham (MGB) has signaled plans to develop a standalone ambulatory surgery center (ASC) in Cambridge, Massachusetts, in collaboration with Regent Surgical Health. The project is estimated to cost around $7.5 million, based on a Determination of Need filing submitted to the state’s Department of Public Health (DPH). In February, MGB announced plans to partner with Regent to expand ASC capabilities throughout New England. … [Read more...]
Oath Surgical Raises $24M to Expand Surgeon-Led Centers, Develop AI Platform
Oath Surgical has secured $24 million in series A funding to expand into new specialties, grow its nationwide value-based network of surgeon-owned, tech-driven surgery centers, and develop OathOS, an AI platform aimed at replacing the industry’s patchwork of systems. Funding for the Portland, Oregon-based company was led by FPV Ventures with participation from McKessen Ventures and existing investors OSE, Black Opal Ventures, Tau Ventures and Rogue VC. The new infusion of capital brings … [Read more...]