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...]