Becker's Healthcare September 5, 2024
While the ASC space remains largely fragmented and independent, consolidation is on the rise as the industry’s largest chains continue to expand.
Here are three recent updates on ASC consolidation:
1. UnitedHealth Group, parent company of Optum, is a potential buyer of Brentwood, Tenn.-based ASC operator Surgery Partners. Surgery Partners went public in 2015 and is one of the largest ASC chains in the country, with over 192 facilities. Private equity firm TPG is also an interested buyer, among other PE firms and strategic bidders.
2. ASC giant United Surgical Partners International, owned by Tenet Healthcare, quietly purchased Covenant Physician Partners in early 2024. The sale...
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