Becker's Healthcare October 10, 2022
From consolidation to physician ownership, here are five major trends ASCs are keeping tabs on:
1. Consolidation
While the healthcare industry as a whole is increasingly consolidating, the ASC industry remains fragmented. Seventy percent of freestanding ASCs are independently owned and operated, according to VMG Health’s “Annual Healthcare M&A Report 2022.” This number has remained relatively flat even throughout the COVID-19 pandemic.
However, independent physicians are quickly migrating towards employed models, and physician groups are being snapped up by private equity firms and hospitals. According to the same VMG report, there were approximately 461 physician group deals announced in the sector in 2021, a 145 percent increase from the 2020 volume. And as of the beginning of this year,...
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