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...]
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...]
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...]