Becker's Healthcare January 12, 2024
With 70% of ASCs remaining independent as of 2022, according to a report from VMG Health, consolidation may seem like a fairly distant problem. But as health systems, management companies and private equity firms take interest in ASCs, it may be time to ask if consolidation is a threat worth taking seriously.
Hospitals and health systems have sought out partnerships with ASCs in recent years.
According to the 2023 “Hospital Leadership ASC Survey,” conducted by ASC expert group Avanza Healthcare Strategies, 47% of hospitals and health systems have an affiliation or ownership interest in multiple freestanding ASCs.
A survey from VMG Health also showed that 60% of health systems would consider a joint venture partnership with ASCs in 2024....