Physicians dominate ASC ownership — but big corporations are catching up

ASCs remained overwhelmingly for-profit in 2023, with 95.3% operating as such, according to a March 13 MedPAC report to Congress.

Here are three more insights into the shifting landscape of ASC ownership:

1. Physicians still hold majority stakes. Most ASCs are at least partially owned by physicians, maintaining a long-standing trend of clinician investment in outpatient surgical care.

2. Corporate ownership is rising. Between 2018 and 2023, the number of...

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