Becker's Healthcare July 6, 2023
The ASC industry is slowly consolidating, and five major moves in the last year point to how the industry is shifting.
Here are five moves disrupting the ASC industry:
1. Optum, parent company of ASC chain SCA Health, has shifted its focus to physician acquisitions in the last few years. Notably, the company acquired Houston-based physician group Kelsey-Seybold for around $2 billion last year. The company is now affiliated with more than 70,000 physicians, making it the largest employer of physicians in the country.
2. Charlotte, N.C.-based Atrium Health and Advocate Aurora Health, dually headquartered in Downers Grove, Ill., and Milwaukee, closed on their formal combination in December, resulting in a newly combined $27 billion, 67-hospital system called...