AMSURG and Comprehensive EyeCare Partners (CompEye) have jointly acquired Alta Rose Surgery Center in Las Vegas, Nevada. This acquisition marks the fourth outpatient surgery center under the AMSURG and CompEye partnership. AMSURG operates a network of approximately 250 surgery centers nationwide, specializing in gastroenterology, ophthalmology and orthopedics. As a result of Envision Healthcare’s restructuring, AMURG became an independent company in November 2023. CompEye supports over … [Read more...]

HCA Healthcare Inc. (NYSE: HCA) is set to surpass its volume and growth targets, driven by favorable market conditions and strategic investments in outpatient platforms. That’s according to HCA CEO Sam Hazen, who offered an update on his company Wednesday during an investor presentation. "We have a 3% to 4% guide on our volume growth in 2024," Hazen said, adding that there is the potential to exceed these targets given the strong first quarter and supportive market forces for HCA.  The … [Read more...]

AMSURG – one of the largest ambulatory surgery center (ASC) operators in the U.S. – is teaming up with a major West Coast health system. The Nashville, Tennessee-based AMSURG announced Tuesday that it has established a new joint venture with Palomar Health. As part of the JV, AMSURG will work with Palomar via the system’s Poway Surgery Center. The strategic partnership will enable the organizations and their affiliated physicians to increase access and quality outpatient care in Poway, … [Read more...]

Commons Clinic has invested $9.75 million in Marina Orthopedic & Spine Institute (MOSI), expanding its ambulatory surgery center (ASC) network and growing its capabilities by launching Theater, a proprietary surgical care platform. It is estimated that by 2028, 85% of health care procedures will be carried out in outpatient settings. Innovation, unique partnerships and new product launches will drive this growth. ASCs increasingly perform complex musculoskeletal procedures at 35% to … [Read more...]

There’s a new health care investment joint venture entering the playing field – and it could be hunting for ambulatory surgery center (ASC) opportunities in the not-so-distant future. Healthcare Realty Trust Incorporated (NYSE:HR) recently announced that it has entered into a strategic JV relationship with private equity powerhouse KKR. The goal of the partnership will be to “jointly own and invest in quality medical outpatient buildings,” according to a press release from the two … [Read more...]

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...]

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...]