Becker's Healthcare November 1, 2023
The Oregon Health Authority has approved a material change transaction that will transfer ownership of five ASCs in the state from Envision Healthcare to its ASC-focused subsidiary AmSurg.
Envision filed for bankruptcy in May, later announcing plans to separate from AmSurg, which has taken ownership of the struggling company’s ASC portfolio.
All of Envison’s ASCs will be part of AmSurg and will no longer have any affiliation with Envision. Pacific Investment Management Co., a creditor, will be AmSurg’s new majority owner.
During the review, OHA assessed the cost, access, quality and equity impact of the...