Ascension CEO Joseph Impicciche will retire at the end of 2025 after two decades. Eduardo Conrado, Ascension’s current president, has been named his successor and will officially step into the CEO role at the start of 2026. The leadership change comes at a pivotal moment for Ascension, as the St. Louis-based health system is acquiring ambulatory surgery center (ASC) giant AMSURG in a deal that’s reportedly worth $3.9 billion. “This acquisition is deeply aligned with Ascension’s Mission to … [Read more...]
Ascension to Acquire AMSURG in ASC Blockbuster Deal
Ascension – one of the largest nonprofit health systems in the U.S. – is buying AMSURG. News of the St. Louis-based health system’s interest in AMSURG surfaced earlier this month, when Bloomberg reported Ascension was in “advanced talks” to acquire the ambulatory surgery center (ASC) giant in a $3.9 billion deal. Ascension announced it had an acquisition agreement in place on June 17, though its announcement did not provide financial terms for the deal. Ascension described the move as a … [Read more...]
Ascension Reportedly Targeting AMSURG in $3.9B Deal
AMSURG launched in 1992 as a pioneer in the ambulatory surgery center (ASC) industry. Since then, the company has journeyed down a path full of twists and turns. Another one could be coming up. Citing sources with knowledge of the matter, Bloomberg reported on May 30 that AMSURG is in “advanced talks” to sell its business to Ascension Health in a $3.9 billion deal. Neither AMSURG nor Ascension Health responded to requests for comment from Ambulatory Surgery Center News. The Nashville, … [Read more...]
AMSURG, Compass, Destin Surgery Center Leaders Discuss the Future of ASCs
Leaders across the ambulatory surgery center (ASC) industry agree on one point: ASCs have never been more essential to the nation’s health care ecosystem. “I think as we see more acute care cases move into our world, we’re all getting really comfortable with the joints, the spine [cases], and now we’re moving into two, three level spines as the codes and and things change,” Deb Yoder, vice president of facility development at Compass Surgical Partners, told Ambulatory Surgery Center News at … [Read more...]
AMSURG Acquires Pinnacle Surgery Center
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...]
‘Keep Patients at the Top of Everything You Do’: How ASCs Are Raising the Clinical Bar
A confluence of factors, including patient preference and federal approvals, are spurring the shift of complex procedures into the outpatient space. Yet from the physician perspective, one of the chief motivators is a better surgical experience. “I do, at this point, at least 80% of my spine surgery cases in an ambulatory surgery center (ASC), and that means I don’t have to run them through the hospital,” Dr. Jason Cuéllar of Cuéllar Spine said during the Ambulatory Surgery Center New … [Read more...]
‘On the Right Side of Health Care’: Factors Fueling ASC Transaction Activity
The ambulatory surgery center (ASC) space is one of the more attractive sub-sectors in all of health care. That standing is partly because of surgery centers’ value proposition – typically the lower-cost setting compared to hospital-based surgeries. It’s also because of patient preferences, with health care consumers appreciating the streamlined ASC experience. In many ways, ASCs are a “win” for all health care stakeholders, according to Scott Fraser, founder and managing partner of Fraser … [Read more...]
Top 10 Ambulatory Surgery Center News Stories from 2024
Last year was a pivotal year for the ambulatory surgery center (ASC) industry, marked by transformative trends, groundbreaking innovations and high-stakes decisions that reshaped the landscape. It was also an exciting year for us at Ambulatory Surgery Center News, as we launched in the summer of 2024 with a mission to deliver in-depth reporting and actionable insights tailored to ASC operators, investors, payers, clinicians and other stakeholders. Since our debut, we've brought you stories … [Read more...]
Key Insights from ASC Leaders: The Quotes That Have Defined 2024
You can often take the pulse of any industry by analyzing the words of its leaders. And while there were plenty of interesting quotes from ambulatory surgery center (ASC) leaders in our reporting this year, a few stood out for their thoughtfulness, candor and relevance. From pricing transparency and strategic partnerships, to navigating compliance and the growing shift towards high-acuity procedures, these quotes capture the essence of the challenges and opportunities facing ASCs … [Read more...]
AMSURG, LifeBridge Health, Woodholme Group Partner on Gastroenterology Surgery Center
AMSURG has added another new JV partnership to its 2024 list. The ambulatory surgery center (ASC) operator in August announced a joint venture with LifeBridge Health and the Woodholme Group to open the EndoCentre of Westminster, an outpatient surgery center specializing in gastroenterology. The center is accredited by the Accreditation Association for Ambulatory Health Care (AAAHC) to provide same-day procedure care, including diagnostic and preventive procedures. In the past three … [Read more...]