Becker's Healthcare January 26, 2023
Both large ASC groups and individual ASCs continued to grow in 2022, according to a Jan. 23 report from VMG Health.
The ASC industry is historically fragmented but has slowly begun to consolidate in the last few years. Roughly 70 percent of ASCs remain independent, leaving “room for further consolidation at the individual-facility level,” the report said.
Here’s what ASCs need to know:
1. Tenet Health, parent company of ASC chain United Surgical Partners International, finalized a $1.1 billion deal in 2020 to acquire 45 ASCs from SurgCenter Development.
2. In 2021, USPI entered a $1.2 billion deal to acquire SurgCenter Development’s remaining centers — adding 92 ASCs in 21 states. USPI continued making strides in consolidating...
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