Becker's Healthcare April 17, 2020
The ASC space is ripe for facility-level consolidation, according to VMG Health.
Six key market insights:
1. The ASC market didn’t see any platform-level transactions in 2019, but consolidation continued in the fractured sector.
2. About 71 percent of ASCs remain independent, leaving room for further facility-level consolidation.
3. The ASC market remains an active transaction arena, with major operators seeking new ASC opportunities.
4. As of Dec. 31, 2019, the three largest ASC operators (by number of ASCs) were:
- Addison, Texas-based United Surgical Partners International: 264
- Nashville, Tenn.-based Envision Healthcare/AmSurg: 258
- Deerfield, Ill.-based Surgical Care Affiliates: 186
5. The number of total Medicare-certified ASCs partnered with a...