HCA Healthcare

The future looks promising for ambulatory surgery centers (ASCs) as the health care industry’s focus on cost efficiencies shifts toward where surgical procedures are performed.  Surgeries with increasing complexity, once limited to hospitals, are now shifting to ASCs, indicating continued growth for the foreseeable future. A recent Jefferies equity research report highlighted the structural tailwinds driving this transformation and projected 6% to 8% growth for the ASC sector through … [Read more...]

Nashville, Tennessee-based HCA Healthcare (NYSE: HCA) is stepping up its focus on outpatient growth, CFO Michael Marks told investors during a Sept. 4 presentation. While leaders from HCA, which operates the large ambulatory surgery center (ASC) chain Surgery Ventures, have made similar remarks in the past, Marks’ fresh remarks underscore the growing importance of outpatient strategy among the nation’s major health care operators. “We’re pretty active on the outpatient side with M&A,” … [Read more...]

Surgery Ventures has named Shaun Cartwright chief operating officer, according to a post from the ambulatory surgery center (ASC) business on LinkedIn.  Cartwright has been with the organization since 2006 and most recently served as senior vice president of operations. He has overseen the creation of new leadership roles within the company, including the first assistant vice president of operations position. Specifically, Cartwright was responsible for Surgery Ventures’ Western Region, … [Read more...]

HCA Healthcare (NYSE: HCA) is preparing for potential fallout from federal policy changes even as its ambulatory and outpatient strategy continues to fuel strong financial performance. Executives from the Nashville, Tennessee-based health care company spoke about those and other topics during a July 25 conference call focused on Q2 2025 financial results. “We do not know what the outcome will be,” CFO Mike Cuffe said during the call, referring to the One Big Beautiful Bill Act (OBBBA) and … [Read more...]

Outpatient revenue outpaced inpatient gains at HCA Healthcare (NYSE: HCA) in the first quarter of 2025. Company leaders said ambulatory surgery centers (ASCs) are helping drive that trend as HCA ramps up capital investment in lower-cost settings. After a rough Q4 with the impact of hurricanes Milton and Helene, the Nashville, Tennessee-based health care giant’s revenue was $18.32 billion for Q1, slightly above the expected $18.26 billion. For context, HCA reported revenues of $17.34 … [Read more...]

Ambulatory surgery centers (ASCs) remain central to HCA Healthcare’s (NYSE: HCA) long-term outpatient expansion strategy, despite the company’s heavier focus on urgent care, physician clinics and freestanding emergency departments in recent years. “We think about ambulatory surgery centers as just part of our approach to the marketplace,” CEO Sam Hazen said during a March 4 investor call. “Unlike some other companies, we don’t typically own surgery centers or other outpatient facilities … [Read more...]

With orthopedic providers across Florida seeing more procedures shifting to the outpatient setting, the Tallahassee Orthopedic Clinic (TOC) is poised to embrace this change with expanded services and new leadership. In early February, TOC officially announced the opening of its Spine and Joint Surgery Center, along with the appointment of its longtime CFO, Kelby Tardi, as the organization’s new CEO.  TOC has long been a major player in the region, with 35 physicians, 10 regional offices … [Read more...]

Cleveland Clinic unveils outpatient expansion Cleveland Clinic unveiled plans to build a new hospital and expand outpatient services in Palm Beach County, Florida including an ambulatory surgery center (ASC).  The proposed inpatient hospital will feature approximately 150 beds, an emergency department, a medical office building and the ASC. In addition, Cleveland Clinic will vastly increase its outpatient footprint, nearly quadrupling its current space to include infusion services, imaging, … [Read more...]

SAAK Health opens new ASC SAAK Health has opened a new ambulatory surgery center (ASC) in Brookfield, Wisconsin. The center will offer a wide range of minimally invasive procedures, including diagnostic catheterizations and stent placement.  "The new surgery center is designed to provide advanced surgical care, ensuring that our patients receive the best care available close to home,” SAAK Health surgeon Dr. Ramagopal Tumuluri said in a press release. “This event signifies the beginning of a … [Read more...]

Outpatient surgery volume across HCA Healthcare’s (NYSE: HCA) ambulatory network declined slightly in the second quarter of 2024. The number of individual surgery centers in the hospital system’s portfolio was down on a year-over-year basis as well. But from a revenue perspective, total growth for HCA Healthcare’s outpatient surgery business was solid last quarter. What’s more, the slight dip in outpatient surgeries was partly attributable to the unique circumstances around Medicaid … [Read more...]