Becker's Healthcare April 24, 2023
The ASC industry is slowly consolidating, and three deals in the last five years point to the different ways ASC chains are growing.
Here are the three deals:
1. Dallas-based Tenet Healthcare, parent company of ASC chain United Surgical Partners International, finalized a $1.1 billion deal in 2020 to acquire 45 ASCs from SurgCenter Development.
In 2021, USPI, the largest ASC chain in the country, entered a $1.2 billion deal to acquire SurgCenter Development’s remaining centers — adding 92 ASCs in 21 states. USPI continued making strides in consolidating those 92 ASCs in 2022, which is expected to continue in 2023.
The move to acquire SurgCenter’s 137 ASCs marks USPI’s massive growth efforts in the last...
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