Becker's Healthcare July 29, 2024
Patsy Newitt

ASC growth is a component of St. Louis-based Ascension plans for growth amid a $3 billion operating loss in fiscal 2023.

Other hospitals and health systems are increasingly looking to ASCs for growth — forming partnerships and joint ventures for ASC development as procedures continue to migrate to outpatient settings.

Here are five things to know about Ascension’s ASC strategy:

1. Ascension has added 21 ASCs over the last three years and aims to grow that number to more than 100 in the next few years, President Eduardo Conrado told Becker’s in an interview.

2. The health system has “set capital aside for investing in the ambulatory front, and that includes...

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