Becker's Healthcare December 2, 2024
The ASC industry experienced a wave of megamergers between 2015 and 2018 that fundamentally shifted the competitive landscape. Although the pace of large-scale consolidation has slowed, significant deals and investments continue to shape the industry’s trajectory.
Here are eight key developments in ASC megadeals over the past five years:
1. In November, Dallas-based GI Alliance entered a definitive agreement with Dublin, Ohio-based Cardinal Health, a pharmaceutical distributor and healthcare services company. Cardinal Health will acquire a 71% stake in GI Alliance for $2.8 billion, buying out shares from physician owners and Apollo Global Management affiliates. This acquisition marks Cardinal Health’s entry into the gastroenterology sector.
2. Optum’s ASC arm, SCA Health, is reportedly a potential buyer of Brentwood, Tenn.-based...
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